Infrastructure Capital Advisors LLC acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO – Free Report) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 29,402 shares of the company’s stock, valued at approximately $879,000.
Several other large investors have also recently modified their holdings of SARO. Sanctuary Advisors LLC bought a new stake in shares of StandardAero in the 2nd quarter valued at about $718,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in StandardAero during the 2nd quarter worth approximately $667,000. Commerce Bank bought a new position in StandardAero during the 2nd quarter worth approximately $276,000. Northwestern Mutual Wealth Management Co. purchased a new position in StandardAero in the 2nd quarter worth approximately $55,000. Finally, Evolve Private Wealth LLC purchased a new position in StandardAero in the 2nd quarter worth approximately $201,000.
Insider Transactions at StandardAero
In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $30.44, for a total value of $1,217,600.00. Following the completion of the transaction, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. This represents a 7.59% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 191,423 shares of company stock worth $5,847,760. 2.10% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
View Our Latest Analysis on SARO
StandardAero Price Performance
Shares of SARO stock opened at $25.04 on Monday. The firm has a market cap of $8.29 billion, a P/E ratio of 25.81 and a beta of 0.92. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48. The business’s 50 day moving average price is $28.19 and its 200-day moving average price is $27.65. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13.
StandardAero (NYSE:SARO – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.40 EPS for the quarter, beating analysts’ consensus estimates of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The company had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the prior year, the company earned $0.20 earnings per share. The firm’s revenue for the quarter was up 4.6% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, equities research analysts anticipate that StandardAero, Inc. will post 1.51 earnings per share for the current year.
StandardAero Company 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.
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