38,900 Shares in StandardAero, Inc. $SARO Bought by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund acquired a new position in shares of StandardAero, Inc. (NYSE:SARO) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 38,900 shares of the company’s stock, valued at approximately $1,005,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Norges Bank acquired a new stake in shares of StandardAero in the fourth quarter valued at about $217,655,000. Price T Rowe Associates Inc. MD raised its position in shares of StandardAero by 33.8% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock worth $401,525,000 after purchasing an additional 3,540,167 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of StandardAero by 175.8% during the 4th quarter. Victory Capital Management Inc. now owns 5,040,723 shares of the company’s stock worth $144,568,000 after purchasing an additional 3,212,827 shares during the last quarter. Bessemer Group Inc. lifted its stake in StandardAero by 447,114.3% in the 4th quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company’s stock valued at $89,014,000 after buying an additional 3,102,973 shares in the last quarter. Finally, State Street Corp lifted its stake in StandardAero by 90.7% in the 2nd quarter. State Street Corp now owns 6,047,097 shares of the company’s stock valued at $191,391,000 after buying an additional 2,875,579 shares in the last quarter.

StandardAero Stock Down 1.4%

Shares of NYSE SARO opened at $27.54 on Tuesday. The stock has a market cap of $9.16 billion, a PE ratio of 31.30 and a beta of 0.91. 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 company has a 50-day moving average of $27.10 and a 200 day moving average of $28.25.

StandardAero (NYSE:SARO) last released its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share 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 analyst estimates of $1.49 billion. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The business’s revenue was up 13.3% on a year-over-year basis. During the same period last year, the company posted $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, sell-side analysts predict that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

Insider Transactions at StandardAero

In other StandardAero news, insider Lewis Prebble sold 1,141 shares of the company’s stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $31,217.76. Following the completion of the sale, the insider directly owned 3,006 shares in the company, valued at $82,244.16. This represents a 27.51% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Russell Wayne Ford sold 40,000 shares of the firm’s 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 sale, the chief executive officer directly owned 486,955 shares of the company’s stock, valued at $14,822,910.20. This trade represents a 7.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 99,337 shares of company stock valued at $2,955,860. 2.10% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

SARO has been the subject of several research reports. Morgan Stanley cut their price objective on StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Zacks Research downgraded StandardAero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. Truist Financial raised StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Weiss Ratings upgraded StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. Finally, Wells Fargo & Company initiated coverage on StandardAero in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 price objective for the company. Two equities research 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. According to data from MarketBeat, StandardAero currently has an average rating of “Moderate Buy” and a consensus target price of $34.25.

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.