Sculptor Capital LP Invests $13.34 Million in StandardAero, Inc. $SARO

Key Points

• Sculptor Capital LP acquired 500,620 shares of StandardAero, Inc. valued at approximately $13.3 million, marking their initial investment in the company.
• Several hedge funds have substantially increased their positions in StandardAero, including Carlyle Group Inc. with a 1,912.5% increase, now holding over $3.57 billion in shares.
• StandardAero reported a quarterly EPS of $0.20, missing analysts' estimates, but had a 13.5% increase in revenue year-over-year, with $1.53 billion for the quarter.

Sculptor Capital LP acquired a new stake in StandardAero, Inc. (NYSE:SARO - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 500,620 shares of the company's stock, valued at approximately $13,337,000. Sculptor Capital LP owned 0.15% of StandardAero at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of SARO. Corebridge Financial Inc. increased its holdings in StandardAero by 46.8% during the 1st quarter. Corebridge Financial Inc. now owns 1,079 shares of the company's stock worth $29,000 after purchasing an additional 344 shares during the period. GAMMA Investing LLC boosted its position in shares of StandardAero by 272.3% during the 1st quarter. GAMMA Investing LLC now owns 1,128 shares of the company's stock worth $30,000 after acquiring an additional 825 shares in the last quarter. Cerity Partners LLC boosted its position in shares of StandardAero by 1.3% in the 1st quarter. Cerity Partners LLC now owns 69,342 shares of the company's stock valued at $1,847,000 after purchasing an additional 863 shares during the period. Comerica Bank acquired a new stake in shares of StandardAero in the 1st quarter valued at about $26,000. Finally, MetLife Investment Management LLC boosted its position in shares of StandardAero by 53.4% in the 1st quarter. MetLife Investment Management LLC now owns 3,358 shares of the company's stock valued at $89,000 after purchasing an additional 1,169 shares during the period.

Analyst Upgrades and Downgrades

SARO has been the subject of a number of recent research reports. UBS Group increased their price objective on StandardAero from $25.00 to $30.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th. Wall Street Zen downgraded StandardAero from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. Finally, CIBC dropped their price objective on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a research note on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned 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 Stock Up 0.1%

NYSE:SARO traded up $0.03 during mid-day trading on Wednesday, hitting $26.70. The company had a trading volume of 1,313,434 shares, compared to its average volume of 2,294,012. The business has a fifty day simple moving average of $28.74 and a 200-day simple moving average of $28.06. The company has a current ratio of 2.15, a quick ratio of 1.49 and a debt-to-equity ratio of 0.91. StandardAero, Inc. has a 1 year low of $21.31 and a 1 year high of $34.38. The firm has a market capitalization of $8.93 billion and a price-to-earnings ratio of 65.12.

StandardAero (NYSE:SARO - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The company reported $0.20 EPS 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 company had revenue of $1.53 billion during the quarter, compared to analysts' expectations of $1.50 billion. During the same period last year, the business earned $0.02 earnings per share. The company's revenue for the quarter was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2025 guidance at EPS. Equities analysts forecast that StandardAero, Inc. will post 0.29 earnings per share for the current fiscal year.

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.