Roubaix Capital LLC Purchases 31,647 Shares of StandardAero, Inc. $SARO

Roubaix Capital LLC increased its position in shares of StandardAero, Inc. (NYSE:SARO) by 15.3% in the 3rd quarter, Holdings Channel reports. The firm owned 238,559 shares of the company’s stock after purchasing an additional 31,647 shares during the period. StandardAero accounts for approximately 3.0% of Roubaix Capital LLC’s portfolio, making the stock its 7th largest position. Roubaix Capital LLC’s holdings in StandardAero were worth $6,510,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in SARO. Cerity Partners LLC boosted its stake in StandardAero by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after purchasing an additional 416 shares during the last quarter. First Horizon Advisors Inc. lifted its stake in shares of StandardAero by 100.4% in the second quarter. First Horizon Advisors Inc. now owns 1,016 shares of the company’s stock worth $32,000 after buying an additional 509 shares in the last quarter. KBC Group NV lifted its stake in shares of StandardAero by 32.2% in the second quarter. KBC Group NV now owns 2,605 shares of the company’s stock worth $82,000 after buying an additional 635 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in StandardAero by 20.5% during the third quarter. PNC Financial Services Group Inc. now owns 4,411 shares of the company’s stock worth $120,000 after acquiring an additional 751 shares during the last quarter. Finally, Comerica Bank acquired a new stake in StandardAero in the 1st quarter valued at about $26,000.

StandardAero Price Performance

SARO opened at $30.73 on Tuesday. The stock’s 50-day moving average price is $30.89 and its 200 day moving average price is $28.36. StandardAero, Inc. has a 12-month low of $21.31 and a 12-month high of $34.48. The firm has a market cap of $10.28 billion, a price-to-earnings ratio of 37.02 and a beta of 1.04. The company has a current ratio of 2.20, a quick ratio of 1.57 and a debt-to-equity ratio of 0.82.

StandardAero (NYSE:SARO) last released its earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. The firm’s quarterly revenue was up 13.5% on a year-over-year basis. During the same period in the prior year, the business earned ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. As a group, sell-side analysts expect that StandardAero, Inc. will post 0.29 earnings per share for the current year.

StandardAero declared that its Board of Directors has initiated a share repurchase program on Wednesday, December 10th that permits the company to repurchase $450.00 million in shares. This repurchase authorization permits the company to reacquire up to 5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its shares are undervalued.

Insider Transactions at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $30.12, for a total value of $1,204,800.00. Following the completion of the transaction, the chief executive officer owned 726,955 shares in the company, valued at approximately $21,895,884.60. This trade represents a 5.22% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Over the last quarter, insiders sold 160,000 shares of company stock valued at $4,840,400. 1.90% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on SARO. Zacks Research upgraded StandardAero from a “strong sell” rating to a “strong-buy” rating in a report on Friday. UBS Group lifted their price objective on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Bank of America dropped their target price on StandardAero from $33.00 to $30.00 and set a “neutral” rating for the company in a report on Friday, November 14th. Weiss Ratings reiterated a “hold (c)” rating on shares of StandardAero in a report on Monday, December 22nd. Finally, Susquehanna set a $38.00 price objective on shares of StandardAero in a report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $34.67.

About StandardAero

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.