ArrowMark Colorado Holdings LLC Grows Holdings in StandardAero, Inc. $SARO

ArrowMark Colorado Holdings LLC raised its stake in StandardAero, Inc. (NYSE:SARO) by 45.5% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,428,485 shares of the company’s stock after buying an additional 759,694 shares during the period. StandardAero comprises about 1.2% of ArrowMark Colorado Holdings LLC’s investment portfolio, making the stock its 24th biggest position. ArrowMark Colorado Holdings LLC owned 0.73% of StandardAero worth $66,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Comerica Bank purchased a new stake in shares of StandardAero during the 1st quarter valued at $26,000. Royal Bank of Canada grew its position in StandardAero by 418.8% in the first quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock worth $3,682,000 after acquiring an additional 111,617 shares in the last quarter. AQR Capital Management LLC purchased a new position in StandardAero in the first quarter worth $521,000. Goldman Sachs Group Inc. purchased a new stake in StandardAero during the first quarter valued at about $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in StandardAero during the first quarter valued at about $12,343,000.

Analyst Ratings Changes

Several equities research analysts have issued reports on SARO shares. Susquehanna set a $38.00 price target on StandardAero in a research note on Thursday, January 15th. Zacks Research upgraded StandardAero from a “strong sell” rating to a “strong-buy” rating in a research report on Friday, February 27th. UBS Group raised their price objective on StandardAero from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Sanford C. Bernstein restated an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research report on Tuesday, February 24th. Finally, Wall Street Zen raised StandardAero from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, StandardAero has a consensus rating of “Moderate Buy” and an average target price of $35.00.

StandardAero Price Performance

SARO opened at $26.08 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.20 and a quick ratio of 1.57. The stock’s 50 day simple moving average is $30.78 and its 200 day simple moving average is $28.46. The firm has a market cap of $8.68 billion, a price-to-earnings ratio of 31.42 and a beta of 1.02. StandardAero, Inc. has a 1 year low of $21.31 and a 1 year high of $34.48.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Wednesday, February 25th. The company reported $0.24 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.24. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the prior year, the firm posted ($0.04) earnings per share. The business’s quarterly 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. As a group, analysts predict that StandardAero, Inc. will post 0.29 earnings per share for the current year.

StandardAero declared that its Board of Directors has approved a stock repurchase plan on Wednesday, December 10th that permits the company to buyback $450.00 million in shares. This buyback authorization permits the company to purchase up to 5% of its shares through open market purchases. Shares buyback plans are usually an indication that the company’s management believes its stock is undervalued.

Insider Buying and Selling

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $30.09, for a total transaction of $1,203,600.00. Following the completion of the sale, the chief executive officer owned 606,955 shares of the company’s stock, valued at $18,263,275.95. This represents a 6.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. In the last three months, insiders have sold 200,000 shares of company stock worth $6,044,000. Corporate insiders own 1.90% of the company’s stock.

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.