StandardAero, Inc. $SARO Holdings Raised by Gabelli Funds LLC

Gabelli Funds LLC increased its stake in StandardAero, Inc. (NYSE:SARO) by 1,202.2% in the 1st quarter, HoldingsChannel.com reports. The firm owned 182,311 shares of the company’s stock after buying an additional 168,311 shares during the quarter. Gabelli Funds LLC’s holdings in StandardAero were worth $4,709,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Comerica Bank bought a new stake in shares of StandardAero during the 1st quarter worth about $26,000. Danske Bank A S acquired a new stake in shares of StandardAero in the 3rd quarter worth approximately $82,000. Parallel Advisors LLC boosted its holdings in shares of StandardAero by 210.3% in the fourth quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock valued at $87,000 after acquiring an additional 2,067 shares in the last quarter. Aster Capital Management DIFC Ltd bought a new position in shares of StandardAero in the fourth quarter valued at approximately $105,000. Finally, Brooklands Fund Management Ltd acquired a new position in shares of StandardAero during the fourth quarter valued at approximately $133,000.

StandardAero Price Performance

Shares of NYSE:SARO opened at $30.14 on Wednesday. The company has a market capitalization of $10.02 billion, a PE ratio of 34.25 and a beta of 0.91. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. The stock has a fifty day moving average of $27.52 and a 200-day moving average of $28.13. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48.

StandardAero (NYSE:SARO) last issued its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, equities analysts anticipate that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

Insider Buying and Selling at StandardAero

In related news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction on Monday, July 6th. The stock was 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 owned 486,955 shares in the company, valued at $14,822,910.20. This trade represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 2.10% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages recently commented on SARO. Jefferies Financial Group cut StandardAero from a “buy” rating to a “hold” rating and dropped their target price for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Royal Bank Of Canada decreased their price target on StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Wall Street Zen cut StandardAero from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a research note on Friday, May 8th. Finally, UBS Group upgraded StandardAero from a “neutral” rating to a “buy” rating and cut their price objective for the company from $35.00 to $34.00 in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, StandardAero has a consensus rating of “Moderate Buy” and an average target price of $34.00.

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.