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BlackRock Inc. Purchases Shares of 21,602,404 StandardAero, Inc. $SARO

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Key Points

  • BlackRock acquired 21.6 million StandardAero shares worth approximately $646.1 million, giving it a 6.5% stake. Several other institutional investors also initiated or increased positions during the second quarter.
  • StandardAero beat quarterly earnings expectations, reporting $0.40 EPS versus the $0.32 consensus and $1.60 billion in revenue, up 4.6% year over year. The company maintained fiscal 2026 EPS guidance of $1.50–$1.57.
  • SARO opened at $25.04, below its 50-day and 200-day moving averages, while analysts maintained a “Moderate Buy” consensus with an average price target of $34.77. CEO Russell Wayne Ford sold 40,000 shares, and insiders sold 191,423 shares during the last quarter.
  • Interested in StandardAero? Here are five stocks we like better.

BlackRock Inc. acquired a new stake in StandardAero, Inc. (NYSE:SARO - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 21,602,404 shares of the company's stock, valued at approximately $646,128,000. BlackRock Inc. owned 6.50% of StandardAero at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Deutsche Bank AG bought a new position in StandardAero during the second quarter worth about $3,199,000. OneDigital Investment Advisors LLC acquired a new stake in shares of StandardAero in the second quarter valued at approximately $999,000. Bank of New York Mellon Corp bought a new position in shares of StandardAero during the 2nd quarter worth approximately $33,005,000. Oppenheimer Asset Management Inc. acquired a new position in shares of StandardAero during the 2nd quarter worth approximately $698,000. Finally, Handelsbanken Fonder AB raised its stake in StandardAero by 32.0% in the 2nd quarter. Handelsbanken Fonder AB now owns 76,700 shares of the company's stock valued at $2,294,000 after acquiring an additional 18,600 shares during the period.

Insider Activity

In other news, CEO Russell Wayne Ford sold 40,000 shares of the firm's stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the transaction, the chief executive officer directly owned 486,955 shares of the company's stock, valued at approximately $14,822,910.20. This trade represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders have sold 191,423 shares of company stock worth $5,847,760. Corporate insiders own 2.10% of the company's stock.

StandardAero Stock Down 0.1%

SARO stock opened at $25.04 on Monday. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59. The stock has a market capitalization of $8.29 billion, a price-to-earnings ratio of 25.81 and a beta of 0.92. The business's fifty day moving average price is $28.19 and its two-hundred day moving average price is $27.65. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48.

StandardAero (NYSE:SARO - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.32 by $0.08. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The business had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the prior year, the company posted $0.20 earnings per share. StandardAero's revenue was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, equities analysts anticipate that StandardAero, Inc. will post 1.51 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have commented on SARO. Canadian Imperial Bank of Commerce reaffirmed an "outperform" rating and set a $39.00 price objective on shares of StandardAero in a research report on Friday, May 8th. Jefferies Financial Group downgraded shares of StandardAero from a "buy" rating to a "hold" rating and reduced their target price for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Wall Street Zen lowered shares of StandardAero from a "buy" rating to a "hold" rating in a research note on Sunday, May 17th. Zacks Research cut shares of StandardAero from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 12th. Finally, Weiss Ratings upgraded shares of StandardAero from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, June 29th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, StandardAero has an average rating of "Moderate Buy" and an average price target of $34.77.

Get Our Latest Analysis on StandardAero

StandardAero Profile

(Free Report)

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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Institutional Ownership by Quarter for StandardAero (NYSE:SARO)

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