Brant Point Investment Management LLC Purchases New Shares in StandardAero, Inc. $SARO

Key Points

• Brant Point Investment Management LLC invested nearly $4 million in StandardAero, acquiring 150,000 shares during the first quarter.
• StandardAero's market capitalization is approximately $9.03 billion with a recent stock price of $26.99 as it continues to experience significant changes in institutional investment.
• The company's latest earnings report revealed a missed earnings expectation, with an EPS of $0.20, slightly below the consensus estimate of $0.21.

Brant Point Investment Management LLC acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO - Free Report) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor acquired 150,000 shares of the company's stock, valued at approximately $3,996,000.

Several other institutional investors have also recently modified their holdings of SARO. Comerica Bank bought a new position in shares of StandardAero during the 1st quarter valued at about $26,000. Corebridge Financial Inc. increased its position in shares of 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 purchasing an additional 344 shares during the last quarter. GAMMA Investing LLC increased 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 valued at $30,000 after purchasing an additional 825 shares during the last quarter. KBC Group NV bought a new position in shares of StandardAero during the 1st quarter valued at about $52,000. Finally, MetLife Investment Management LLC bought a new position in shares of StandardAero during the 4th quarter valued at about $54,000.

StandardAero Trading Down 1.8%

Shares of SARO traded down $0.49 during mid-day trading on Friday, hitting $26.47. 884,503 shares of the company's stock traded hands, compared to its average volume of 1,761,056. The company has a quick ratio of 1.49, a current ratio of 2.15 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 $8.85 billion and a P/E ratio of 64.56. The business's 50-day moving average price is $28.88 and its 200-day moving average price is $28.06.

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

Analyst Upgrades and Downgrades

A number of brokerages have commented on SARO. Wall Street Zen cut StandardAero from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. CIBC decreased their price target on StandardAero from $35.00 to $34.00 and set an "outperformer" rating on the stock in a research note on Tuesday, July 8th. Finally, UBS Group lifted their price target on StandardAero from $25.00 to $30.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 13th. One equities research 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, the stock presently has an average rating of "Moderate Buy" and an average target price of $34.67.

StandardAero Company Profile

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.