Next Century Growth Investors LLC Acquires 24,710 Shares of StandardAero, Inc. $SARO

Next Century Growth Investors LLC increased its holdings in shares of StandardAero, Inc. (NYSE:SARO) by 10.1% in the fourth quarter, Holdings Channel.com reports. The firm owned 269,301 shares of the company’s stock after purchasing an additional 24,710 shares during the quarter. Next Century Growth Investors LLC’s holdings in StandardAero were worth $7,724,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. ArrowMark Colorado Holdings LLC increased its stake in StandardAero by 45.5% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 2,428,485 shares of the company’s stock worth $66,273,000 after purchasing an additional 759,694 shares in the last quarter. Dynamic Technology Lab Private Ltd bought a new position in shares of StandardAero during the 3rd quarter worth approximately $1,241,000. Allspring Global Investments Holdings LLC grew its stake in shares of StandardAero by 16.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock worth $312,934,000 after acquiring an additional 1,484,755 shares in the last quarter. Fortress Investment Group LLC grew its stake in shares of StandardAero by 35.1% during the 3rd quarter. Fortress Investment Group LLC now owns 945,400 shares of the company’s stock worth $25,800,000 after acquiring an additional 245,400 shares in the last quarter. Finally, Vulcan Value Partners LLC bought a new position in shares of StandardAero during the 4th quarter worth approximately $13,618,000.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on SARO shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $39.00 price target on shares of StandardAero in a research note on Tuesday, February 24th. Morgan Stanley decreased their price target on shares of StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Truist Financial raised shares of StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Wells Fargo & Company started coverage on shares of StandardAero in a research note on Wednesday, April 1st. They set an “overweight” rating and a $32.00 price target for the company. Finally, Weiss Ratings cut shares of StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.25.

StandardAero Trading Down 0.0%

NYSE SARO opened at $26.91 on Monday. The company has a market cap of $8.95 billion, a PE ratio of 30.58 and a beta of 0.97. The company has a current ratio of 2.12, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. StandardAero, Inc. has a 12 month low of $23.83 and a 12 month high of $34.48. The stock has a 50 day moving average of $26.09 and a 200-day moving average of $28.04.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. The company had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The firm’s revenue for the quarter was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, equities research analysts anticipate that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

Insider Buying and Selling

In other news, insider Anthony Brancato sold 1,107 shares of the stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $30,287.52. Following the completion of the sale, the insider owned 2,991 shares of the company’s stock, valued at approximately $81,833.76. This represents a 27.01% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Daniel Satterfield sold 2,306 shares of the stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total value of $63,092.16. Following the completion of the sale, the chief financial officer directly owned 6,232 shares of the company’s stock, valued at approximately $170,507.52. The trade was a 27.01% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 19,337 shares of company stock worth $529,060 in the last quarter. 2.10% of the stock is owned by company insiders.

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.