Nuveen LLC Acquires Shares of 179,510 StandardAero, Inc. $SARO

Key Points

• Nuveen LLC acquired 179,510 shares of StandardAero, Inc. valued at approximately $4.78 million, bringing their total ownership to around 0.05% of the company.
• Carlyle Group Inc. increased their holdings by an impressive 1,912.5%, owning 134.35 million shares valued at approximately $3.58 billion after acquiring an additional 127.68 million shares.
• Analysts have varying opinions on StandardAero's stock, with a Moderate Buy consensus rating and a price target average of approximately $34.67.

Nuveen LLC acquired a new position in StandardAero, Inc. (NYSE:SARO - Free Report) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 179,510 shares of the company's stock, valued at approximately $4,782,000. Nuveen LLC owned 0.05% of StandardAero as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the company. Carlyle Group Inc. grew its position in StandardAero by 1,912.5% in the 1st quarter. Carlyle Group Inc. now owns 134,352,830 shares of the company's stock valued at $3,579,159,000 after buying an additional 127,676,968 shares in the last quarter. Vanguard Group Inc. grew its position in StandardAero by 53.2% in the 1st quarter. Vanguard Group Inc. now owns 9,133,766 shares of the company's stock valued at $243,324,000 after buying an additional 3,171,404 shares in the last quarter. Janus Henderson Group PLC bought a new position in StandardAero in the 4th quarter valued at about $145,849,000. Brown Advisory Inc. grew its position in StandardAero by 2.5% in the 1st quarter. Brown Advisory Inc. now owns 3,827,499 shares of the company's stock valued at $101,965,000 after buying an additional 92,398 shares in the last quarter. Finally, Federated Hermes Inc. grew its position in StandardAero by 11.7% in the 1st quarter. Federated Hermes Inc. now owns 2,803,483 shares of the company's stock valued at $74,685,000 after buying an additional 292,983 shares in the last quarter.

StandardAero Price Performance

Shares of NYSE:SARO traded down $0.49 during trading hours on Friday, hitting $26.47. 884,503 shares of the company's stock traded hands, compared to its average volume of 1,761,056. StandardAero, Inc. has a 52 week low of $21.31 and a 52 week high of $34.38. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.49 and a current ratio of 2.15. The company's fifty day simple moving average is $28.88 and its two-hundred day simple moving average is $28.06. The company has a market cap of $8.85 billion and a price-to-earnings ratio of 64.56.

StandardAero (NYSE:SARO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.01). StandardAero had a net margin of 2.37% and a return on equity of 8.87%. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter last year, the business posted $0.02 EPS. The business's revenue for the quarter was up 13.5% on a year-over-year basis. StandardAero has set its FY 2025 guidance at EPS. As a group, equities analysts anticipate that StandardAero, Inc. will post 0.29 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SARO has been the subject of a number of recent analyst reports. UBS Group increased their target price on shares of StandardAero from $25.00 to $30.00 and gave the company a "neutral" rating in a research report on Tuesday, May 13th. CIBC decreased their target price on shares of StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a research report on Tuesday, July 8th. Finally, Wall Street Zen lowered shares of StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have given a Hold rating to the company's stock. According to MarketBeat.com, StandardAero presently has an average rating of "Moderate Buy" and an average target price of $34.67.

About StandardAero

StandardAero, Inc provides aerospace engine aftermarket services for fixed and rotary wing aircraft in the United States, Canada, the United Kingdom, Rest of Europe, Asia, and internationally. It operates in two segments, Engine Services and Component Repair Services. The Engine Services segment provides a suite of aftermarket services, including maintenance, repair and overhaul, on-wing and field service support, asset management, and engineering and related solutions to customers in the commercial aerospace, military and helicopter, and business aviation end markets.