Algert Global LLC Acquires 111,459 Shares of StandardAero, Inc. $SARO

Algert Global LLC lifted its holdings in shares of StandardAero, Inc. (NYSE:SARO) by 71.1% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 268,250 shares of the company’s stock after acquiring an additional 111,459 shares during the quarter. Algert Global LLC owned approximately 0.08% of StandardAero worth $7,321,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SARO. Norges Bank purchased a new stake in shares of StandardAero in the 2nd quarter worth about $203,038,000. State Street Corp grew its holdings in shares of StandardAero by 90.7% during the 2nd quarter. State Street Corp now owns 6,047,097 shares of the company’s stock worth $191,391,000 after acquiring an additional 2,875,579 shares during the period. Victory Capital Management Inc. raised its position in shares of StandardAero by 8,451.2% in the 3rd quarter. Victory Capital Management Inc. now owns 1,827,896 shares of the company’s stock worth $49,883,000 after acquiring an additional 1,806,520 shares in the last quarter. Wellington Management Group LLP raised its position in shares of StandardAero by 18.2% in the 3rd quarter. Wellington Management Group LLP now owns 10,345,564 shares of the company’s stock worth $282,330,000 after acquiring an additional 1,593,347 shares in the last quarter. Finally, M.D. Sass LLC purchased a new position in shares of StandardAero in the 3rd quarter valued at approximately $32,065,000.

Insider Activity at StandardAero

In related news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the sale, the chief executive officer directly owned 606,955 shares in the company, valued at approximately $18,263,275.95. This trade represents a 6.18% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold 200,000 shares of company stock worth $6,044,000 over the last 90 days.

Analyst Upgrades and Downgrades

SARO has been the topic of several recent research reports. UBS Group upped their price target on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Royal Bank Of Canada reissued an “outperform” rating and set a $37.00 price objective on shares of StandardAero in a research report on Thursday, January 29th. Zacks Research upgraded shares of StandardAero from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Susquehanna set a $38.00 target price on shares of StandardAero in a research report on Thursday, January 15th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of StandardAero in a research note on Monday, December 22nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $35.00.

StandardAero Stock Performance

SARO stock opened at $26.51 on Tuesday. The stock has a market capitalization of $8.82 billion, a PE ratio of 31.94 and a beta of 1.02. StandardAero, Inc. has a 12-month low of $21.31 and a 12-month high of $34.48. The company has a current ratio of 2.20, a quick ratio of 1.57 and a debt-to-equity ratio of 0.82. The stock’s 50 day simple moving average is $30.70 and its 200 day simple moving average is $28.46.

StandardAero (NYSE:SARO) last posted its earnings results on Wednesday, February 25th. The company reported $0.24 EPS for the quarter, hitting analysts’ consensus estimates of $0.24. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.57 billion. During the same quarter last year, the company earned ($0.04) EPS. The company’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, research analysts forecast that StandardAero, Inc. will post 0.29 earnings per share for the current fiscal year.

StandardAero announced that its Board of Directors has approved a share repurchase program on Wednesday, December 10th that authorizes the company to repurchase $450.00 million in shares. This repurchase authorization authorizes the company to repurchase up to 5% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s leadership believes its stock is undervalued.

StandardAero Company 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.