M.D. Sass LLC Invests $70.19 Million in StandardAero, Inc. $SARO

M.D. Sass LLC bought a new position in shares of StandardAero, Inc. (NYSE:SARO) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 2,346,749 shares of the company’s stock, valued at approximately $70,191,000. StandardAero comprises 4.6% of M.D. Sass LLC’s portfolio, making the stock its 10th biggest position.

Several other institutional investors also recently bought and sold shares of SARO. Carlyle Group Inc. purchased a new position in StandardAero during the second quarter valued at $2,529,998,000. BlackRock Inc. purchased a new stake in StandardAero in the 2nd quarter worth $646,128,000. Norges Bank bought a new position in shares of StandardAero during the 4th quarter valued at about $217,655,000. Allspring Global Investments Holdings LLC boosted its holdings in shares of StandardAero by 42.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock valued at $395,890,000 after purchasing an additional 4,523,693 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD grew its position in shares of StandardAero by 33.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after purchasing an additional 3,540,167 shares in the last quarter.

Insider Buying and Selling

In other news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the transaction, the chief executive officer owned 486,955 shares of the company’s stock, valued at approximately $14,822,910.20. This represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. In the last 90 days, insiders have sold 191,423 shares of company stock worth $5,847,760. Corporate insiders own 2.10% of the company’s stock.

StandardAero Stock Performance

StandardAero stock opened at $27.00 on Wednesday. The company’s 50-day moving average price is $28.21 and its 200-day moving average price is $27.77. StandardAero, Inc. has a twelve month low of $23.83 and a twelve month high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84. The company has a market cap of $8.94 billion, a PE ratio of 27.84 and a beta of 0.92.

StandardAero (NYSE:SARO) last announced its earnings results on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.08. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The firm had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.59 billion. During the same period in the prior year, the company earned $0.20 EPS. The business’s revenue was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, equities research analysts forecast that StandardAero, Inc. will post 1.51 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on SARO. Truist Financial raised StandardAero to a “strong-buy” rating in a report on Friday, May 1st. UBS Group increased their price target on StandardAero from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Zacks Research cut StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, Morgan Stanley set a $33.00 price objective on StandardAero in a report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $34.77.

StandardAero Profile

StandardAero is a global aerospace maintenance, repair and overhaul (MRO) provider specializing in gas turbine engines, auxiliary power units (APUs), airframe components and oil & gas rotating equipment. The company offers a full suite of technical services including engine repair and overhaul, component repair, accessory maintenance, parts manufacturing and on-site field support. Its customer base spans commercial airlines, business and general aviation operators, regional carriers, original equipment manufacturers (OEMs) and defense organizations.

With roots dating back to 1911, StandardAero has grown through strategic acquisitions and organic expansion to become one of the largest independent MRO providers in the industry.