StandardAero, Inc. (NYSE:SARO) Sees Large Increase in Short Interest

StandardAero, Inc. (NYSE:SARO) saw a significant growth in short interest in February. As of February 13th, there was short interest totaling 10,601,255 shares, a growth of 23.2% from the January 29th total of 8,604,156 shares. Based on an average daily volume of 3,715,120 shares, the short-interest ratio is currently 2.9 days. Currently, 3.2% of the company’s stock are sold short. Currently, 3.2% of the company’s stock are sold short. Based on an average daily volume of 3,715,120 shares, the short-interest ratio is currently 2.9 days.

Analyst Upgrades and Downgrades

SARO has been the topic of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of StandardAero in a research report on Monday, December 22nd. Sanford C. Bernstein restated an “outperform” rating and set a $39.00 target price on shares of StandardAero in a research report on Tuesday, February 24th. Wall Street Zen raised StandardAero from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research upgraded StandardAero from a “strong sell” rating to a “strong-buy” rating in a research note on Friday. Finally, UBS Group raised their target price on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. One 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.67.

StandardAero Price Performance

Shares of NYSE SARO traded down $1.07 during mid-day trading on Tuesday, reaching $29.66. 5,204,443 shares of the company were exchanged, compared to its average volume of 4,707,118. StandardAero has a 52 week low of $21.31 and a 52 week high of $34.48. The company’s 50 day moving average price is $30.89 and its 200 day moving average price is $28.36. The stock has a market capitalization of $9.92 billion, a PE ratio of 35.74 and a beta of 1.04. The company has a quick ratio of 1.57, a current ratio of 2.20 and a debt-to-equity ratio of 0.82.

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

StandardAero announced that its board has initiated a stock repurchase plan on Wednesday, December 10th that allows the company to buyback $450.00 million in shares. This buyback authorization allows the company to repurchase up to 5% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s leadership believes its stock is undervalued.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction that occurred on Wednesday, February 4th. The shares were sold at an average price of $30.12, for a total transaction of $1,204,800.00. Following the transaction, the chief executive officer owned 726,955 shares of the company’s stock, valued at $21,895,884.60. This trade represents a 5.22% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 160,000 shares of company stock worth $4,840,400 in the last 90 days. 1.90% of the stock is currently owned by insiders.

Hedge Funds Weigh In On StandardAero

A number of large investors have recently bought and sold shares of SARO. Comerica Bank purchased a new stake in shares of StandardAero during the first quarter valued at approximately $26,000. State of Wyoming bought a new position in StandardAero in the third quarter worth about $27,000. First Horizon Advisors Inc. boosted its position in shares of StandardAero by 100.4% during the second quarter. First Horizon Advisors Inc. now owns 1,016 shares of the company’s stock valued at $32,000 after purchasing an additional 509 shares in the last quarter. First Horizon Corp bought a new stake in shares of StandardAero during the 3rd quarter valued at $34,000. Finally, Aventura Private Wealth LLC purchased a new stake in StandardAero in the fourth quarter worth about $45,000.

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.