Bank of America Corp DE Grows Stock Holdings in StandardAero, Inc. $SARO

Key Points

• Bank of America increased its StandardAero stake by 82.8% in the first quarter, acquiring 1.59 million additional shares and bringing its holdings to 3.50 million shares valued at approximately $90.5 million.
• Several major institutional investors also expanded their positions, while StandardAero reported better-than-expected quarterly results and analysts maintained a “Moderate Buy” consensus with an average price target of $34.17.
• Insider selling remains a consideration: CEO Russell Wayne Ford sold 40,000 shares for about $1.26 million, contributing to roughly $5.2 million in insider sales over the past three months.

Bank of America Corp DE lifted its holdings in StandardAero, Inc. (NYSE:SARO - Free Report) by 82.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,502,681 shares of the company's stock after acquiring an additional 1,586,306 shares during the period. Bank of America Corp DE owned approximately 1.05% of StandardAero worth $90,474,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in SARO. Norges Bank acquired a new position in shares of StandardAero during the 4th quarter valued at $217,655,000. Allspring Global Investments Holdings LLC increased its holdings in StandardAero by 42.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company's stock valued at $395,890,000 after purchasing an additional 4,523,693 shares in the last quarter. Price T Rowe Associates Inc. MD increased its holdings in StandardAero by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company's stock valued at $401,525,000 after purchasing an additional 3,540,167 shares in the last quarter. Victory Capital Management Inc. raised its position in StandardAero by 175.8% in the fourth quarter. Victory Capital Management Inc. now owns 5,040,723 shares of the company's stock valued at $144,568,000 after purchasing an additional 3,212,827 shares during the period. Finally, Bessemer Group Inc. raised its position in StandardAero by 447,114.3% in the fourth quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company's stock valued at $89,014,000 after purchasing an additional 3,102,973 shares during the period.

StandardAero Stock Performance

StandardAero stock opened at $29.29 on Friday. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. The company has a market capitalization of $9.74 billion, a price-to-earnings ratio of 30.20 and a beta of 0.92. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59. The firm's fifty day moving average price is $27.93 and its 200 day moving average price is $28.03.

StandardAero (NYSE:SARO - Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.30 by $0.03. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.67%. The firm's revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.19 EPS. On average, research analysts forecast that StandardAero, Inc. will post 1.43 EPS for the current fiscal year.

Insider Buying and Selling at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction dated Thursday, August 6th. The stock was sold at an average price of $31.42, for a total transaction of $1,256,800.00. Following the sale, the chief executive officer directly owned 315,986 shares of the company's stock, valued at approximately $9,928,280.12. The trade was a 11.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders sold 170,969 shares of company stock worth $5,222,709 in the last three months. 2.10% of the stock is owned by company insiders.

Key Headlines Impacting StandardAero

Here are the key news stories impacting StandardAero this week:

• Positive Sentiment: Q2 results exceeded expectations. StandardAero reported adjusted earnings of $0.40 per share, above estimates ranging from $0.32 to $0.35 and double the $0.20 reported a year earlier. Revenue reached $1.60 billion, slightly ahead of the $1.59 billion consensus and up 4.6% year over year. StandardAero Tops Q2 Earnings and Revenue Estimates
• Positive Sentiment: Full-year guidance was raised above Wall Street expectations. StandardAero forecast fiscal 2026 EPS of $1.50–$1.57, compared with consensus of $1.23, while revenue guidance of $6.4–$6.5 billion was broadly in line with expectations. The guidance supports the outlook for continued earnings growth in the aerospace maintenance, repair and overhaul market.
• Neutral Sentiment: Investor expectations remain relatively favorable. Analysts maintain a consensus “Moderate Buy” rating and an average price target of $34, above recent trading levels. However, the stock’s price-to-earnings ratio above 33 indicates that considerable optimism may already be reflected in the valuation.
• Negative Sentiment: CEO Russell Wayne Ford continued selling shares. Ford sold 40,000 shares on August 6 at an average price of $31.42, worth approximately $1.26 million, reducing his position by 11.24%. This followed sales of 40,000 shares on August 4 and 10,969 shares on August 3, adding to a pattern of sizable insider selling that may have pressured the stock or encouraged profit-taking. SEC Insider Transaction Filing

Analysts Set New Price Targets

A number of research analysts have commented on SARO shares. Royal Bank Of Canada decreased their target price on StandardAero from $37.00 to $34.00 and set an "outperform" rating for the company in a research report on Friday, May 1st. Susquehanna lowered their target price on StandardAero from $40.00 to $37.00 and set a "positive" rating for the company in a research note on Monday, May 11th. Canadian Imperial Bank of Commerce reiterated an "outperform" rating and set a $39.00 target price on shares of StandardAero in a report on Friday, May 8th. Truist Financial raised StandardAero to a "strong-buy" rating in a research report on Friday, May 1st. Finally, Weiss Ratings upgraded StandardAero from a "hold (c-)" rating to a "hold (c)" rating in a report on Monday, June 29th. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $34.17.

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.

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