Dynamic Technology Lab Private Ltd Takes $716,000 Position in StandardAero, Inc. $SARO

Key Points

• Dynamic Technology Lab Private Ltd purchased 26,874 shares of StandardAero, Inc. for approximately $716,000 in the first quarter.
• StandardAero reported $0.20 earnings per share for the recent quarter, which was slightly below the consensus estimate of $0.21, while also achieving a year-over-year revenue increase of 13.5%.
• Analysts have mixed ratings on StandardAero, with an average rating of Moderate Buy and a price target of $34.67, amid adjustments from various firms on their price objectives.

Dynamic Technology Lab Private Ltd acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO - Free Report) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 26,874 shares of the company's stock, valued at approximately $716,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SARO. Comerica Bank purchased a new position in shares of StandardAero in the 1st quarter worth approximately $26,000. Corebridge Financial Inc. lifted its stake in StandardAero by 46.8% during the 1st quarter. Corebridge Financial Inc. now owns 1,079 shares of the company's stock valued at $29,000 after acquiring an additional 344 shares during the period. GAMMA Investing LLC lifted its stake in shares of StandardAero by 272.3% in the 1st quarter. GAMMA Investing LLC now owns 1,128 shares of the company's stock valued at $30,000 after purchasing an additional 825 shares during the period. KBC Group NV acquired a new position in StandardAero during the first quarter worth $52,000. Finally, BNP Paribas Financial Markets acquired a new position in StandardAero during the fourth quarter worth $79,000.

StandardAero Stock Down 0.6%

Shares of SARO stock traded down $0.16 during trading on Friday, reaching $27.19. The company's stock had a trading volume of 923,906 shares, compared to its average volume of 1,419,785. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.15 and a quick ratio of 1.49. The company has a market capitalization of $9.09 billion and a price-to-earnings ratio of 66.32. The stock's 50-day moving average price is $28.10 and its 200 day moving average price is $28.06. StandardAero, Inc. has a 1-year low of $21.31 and a 1-year high of $34.38.

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

Analysts Set New Price Targets

A number of equities research analysts have recently commented on SARO shares. Wall Street Zen cut shares of StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. CIBC dropped their price target 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, Barclays began coverage on shares of StandardAero in a research report on Friday. They set an "equal weight" rating and a $32.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, StandardAero presently has an average rating of "Moderate Buy" and an average target price of $34.40.

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.