45,468 Shares in StandardAero, Inc. $SARO Purchased by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd acquired a new stake in StandardAero, Inc. (NYSE:SARO) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 45,468 shares of the company’s stock, valued at approximately $1,241,000.

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

StandardAero Stock Performance

Shares of SARO opened at $28.89 on Monday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.57 and a current ratio of 2.20. The company has a market capitalization of $9.61 billion, a price-to-earnings ratio of 34.81 and a beta of 1.02. The company’s 50 day simple moving average is $30.91 and its 200 day simple moving average is $28.45. StandardAero, Inc. has a 1 year low of $21.31 and a 1 year high of $34.48.

StandardAero (NYSE:SARO) last released its earnings results on Wednesday, February 25th. The company reported $0.24 EPS for the quarter, hitting the consensus estimate of $0.24. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. StandardAero’s revenue for the quarter was up 13.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. On average, sell-side analysts predict that StandardAero, Inc. will post 0.29 EPS for the current year.

StandardAero declared that its board has authorized a stock buyback program on Wednesday, December 10th that allows the company to buyback $450.00 million in outstanding shares. This buyback authorization allows the company to purchase up to 5% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s management believes its stock is undervalued.

Insider Activity

In other news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction on 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 owned 606,955 shares of the company’s stock, valued at $18,263,275.95. The trade was a 6.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders sold a total of 200,000 shares of company stock worth $6,044,000 in the last 90 days. 1.90% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on SARO. Bank of America reduced their target price on StandardAero from $33.00 to $30.00 and set a “neutral” rating on the stock in a research note on Friday, November 14th. Sanford C. Bernstein reissued an “outperform” rating and set a $39.00 price target on shares of StandardAero in a research report on Tuesday, February 24th. Zacks Research raised StandardAero from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Susquehanna set a $38.00 price objective on StandardAero in a research report on Thursday, January 15th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $37.00 price objective on shares of StandardAero in a research note on Thursday, January 29th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.67.

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.