Wellington Management Group LLP Cuts Stake in StandardAero, Inc. $SARO

Wellington Management Group LLP lessened its holdings in shares of StandardAero, Inc. (NYSE:SARO) by 48.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 4,210,240 shares of the company’s stock after selling 3,960,226 shares during the quarter. Wellington Management Group LLP’s holdings in StandardAero were worth $125,928,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the business. Carlyle Group Inc. acquired a new stake in StandardAero in the second quarter worth about $2,529,998,000. Vulcan Value Partners LLC acquired a new position in shares of StandardAero during the fourth quarter valued at about $13,618,000. BlackRock Inc. acquired a new position in shares of StandardAero during the second quarter valued at about $646,128,000. Trinity Street Asset Management LLP purchased a new position in shares of StandardAero in the 1st quarter valued at approximately $25,692,000. Finally, M.D. Sass LLC boosted its stake in StandardAero by 69.5% in the 4th quarter. M.D. Sass LLC now owns 1,991,537 shares of the company’s stock worth $57,117,000 after purchasing an additional 816,573 shares in the last quarter.

StandardAero Price Performance

NYSE:SARO opened at $24.19 on Wednesday. The firm has a market cap of $8.00 billion, a price-to-earnings ratio of 24.94 and a beta of 0.85. The firm’s fifty day moving average is $27.85 and its two-hundred day moving average is $27.38. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48.

StandardAero (NYSE:SARO) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. During the same period last year, the business earned $0.20 earnings per share. StandardAero’s quarterly revenue was up 4.6% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Research analysts expect that StandardAero, Inc. will post 1.51 EPS for the current year.

Insider Buying and Selling at StandardAero

In related news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction on Monday, July 6th. The shares were 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 directly owned 486,955 shares in the company, valued at $14,822,910.20. The trade was a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Over the last ninety days, insiders have sold 191,423 shares of company stock worth $5,847,760. 2.10% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on SARO shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a report on Friday, May 8th. Zacks Research lowered StandardAero from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. UBS Group lifted their price target on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Wall Street Zen lowered StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Finally, Weiss Ratings upgraded StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Two investment analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, StandardAero has an average rating of “Moderate Buy” and a consensus price target of $34.77.

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.