Quantbot Technologies LP Invests $6.74 Million in StandardAero, Inc. $SARO

Key Points

• Quantbot Technologies LP has made a new investment in StandardAero, Inc., acquiring 253,138 shares valued at approximately $6.74 million, representing about 0.08% of the company.
• Other institutional investors, such as Carlyle Group Inc. and Vanguard Group Inc., significantly increased their stakes in StandardAero during the first quarter.
• Analysts have mixed opinions on StandardAero, with a consensus rating of "Moderate Buy" and an average price target of $34.67, despite some recent reductions in price targets from various firms.

Quantbot Technologies LP purchased a new position in shares of StandardAero, Inc. (NYSE:SARO - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 253,138 shares of the company's stock, valued at approximately $6,744,000. Quantbot Technologies LP owned 0.08% of StandardAero at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. GAMMA Investing LLC increased its holdings in 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 purchasing an additional 825 shares during the period. KBC Group NV purchased a new stake in StandardAero during the 1st quarter worth about $52,000. MetLife Investment Management LLC purchased a new stake in StandardAero during the 4th quarter worth about $54,000. Sterling Capital Management LLC purchased a new stake in StandardAero during the 4th quarter worth about $78,000. Finally, BNP Paribas Financial Markets purchased a new stake in StandardAero during the 4th quarter worth about $79,000.

Insiders Place Their Bets

In other StandardAero news, major shareholder Private Ltd Gic sold 828,729 shares of the stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $27.30, for a total transaction of $22,624,301.70. Following the completion of the sale, the insider directly owned 34,463,633 shares of the company's stock, valued at approximately $940,857,180.90. This trade represents a 2.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

StandardAero Stock Performance

Shares of NYSE SARO traded up $0.29 during trading hours on Friday, reaching $27.16. The stock had a trading volume of 2,542,205 shares, compared to its average volume of 1,825,153. The firm has a market cap of $9.08 billion and a price-to-earnings ratio of 66.25. 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 fifty-two week low of $21.31 and a fifty-two week high of $34.38. The firm has a 50-day moving average of $29.17 and a 200-day moving average of $28.09.

StandardAero (NYSE:SARO - Get Free Report) last announced its earnings results on Wednesday, August 13th. The company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.01). The firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. StandardAero had a net margin of 2.37% and a return on equity of 8.87%. The firm's revenue for the quarter was up 13.5% compared to the same quarter last year. During the same period last year, the company earned $0.02 earnings per share. StandardAero has set its FY 2025 guidance at EPS. Equities research analysts predict that StandardAero, Inc. will post 0.29 earnings per share for the current year.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the company. CIBC lowered their price objective on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a research report on Tuesday, July 8th. Wall Street Zen cut StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Finally, UBS Group upped 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. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target 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.