Kodai Capital Management LP Has $6.68 Million Stake in StandardAero, Inc. $SARO

Key Points

• Kodai Capital Management LP significantly increased its holdings in StandardAero, Inc. by 418.7% during the first quarter, acquiring an additional 202,500 shares to reach a total of 250,860 shares valued at approximately $6.68 million.
• StandardAero's revenue for the last quarter was reported at $1.53 billion, exceeding analyst expectations, and its quarterly earnings per share (EPS) of $0.20 fell slightly short of the consensus estimate of $0.21.
• The stock has seen diverse institutional interest, with notable increases from firms like Carlyle Group and Vanguard, while analysts maintain a consensus rating of "Moderate Buy" with an average target price of $34.67.

Kodai Capital Management LP boosted its holdings in shares of StandardAero, Inc. (NYSE:SARO - Free Report) by 418.7% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 250,860 shares of the company's stock after buying an additional 202,500 shares during the period. Kodai Capital Management LP owned approximately 0.08% of StandardAero worth $6,683,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of SARO. Comerica Bank acquired a new position in shares of StandardAero in the 1st quarter valued at about $26,000. Corebridge Financial Inc. grew its position in StandardAero by 46.8% during the first quarter. Corebridge Financial Inc. now owns 1,079 shares of the company's stock valued at $29,000 after purchasing an additional 344 shares in the last quarter. GAMMA Investing LLC increased its stake in 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 buying an additional 825 shares during the period. KBC Group NV purchased a new stake in StandardAero in the 1st quarter worth approximately $52,000. Finally, MetLife Investment Management LLC acquired a new stake in shares of StandardAero during the 4th quarter valued at $54,000.

StandardAero Stock Down 1.8%

Shares of SARO traded down $0.49 during trading hours on Friday, hitting $26.47. 884,503 shares of the company were exchanged, compared to its average volume of 1,724,240. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.49 and a current ratio of 2.15. The company has a market cap of $8.85 billion and a PE ratio of 64.56. The firm's 50 day moving average is $28.88 and its 200-day moving average is $28.07. StandardAero, Inc. has a 52 week low of $21.31 and a 52 week high of $34.38.

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

Analysts Set New Price Targets

SARO has been the topic of a number of research reports. UBS Group upped their price target on shares of StandardAero from $25.00 to $30.00 and gave the stock a "neutral" rating in a research note on Tuesday, May 13th. Wall Street Zen lowered StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Finally, CIBC reduced their price target on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a report on Tuesday, July 8th. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $34.67.

StandardAero 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.