253,138 Shares in StandardAero, Inc. $SARO Bought by Quantbot Technologies LP

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 acquired a new position in shares of StandardAero, Inc. (NYSE:SARO - Free Report) during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 253,138 shares of the company's stock, valued at approximately $6,744,000. Quantbot Technologies LP owned approximately 0.08% of StandardAero as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GAMMA Investing LLC increased its stake in StandardAero by 272.3% in the first quarter. GAMMA Investing LLC now owns 1,128 shares of the company's stock valued at $30,000 after acquiring an additional 825 shares during the last quarter. Cerity Partners LLC boosted its holdings in shares of StandardAero by 1.3% in the 1st quarter. Cerity Partners LLC now owns 69,342 shares of the company's stock valued at $1,847,000 after purchasing an additional 863 shares in the last quarter. KBC Group NV bought a new position in shares of StandardAero in the 1st quarter valued at $52,000. MetLife Investment Management LLC acquired a new position in shares of StandardAero during the 4th quarter worth $54,000. Finally, Sterling Capital Management LLC bought a new stake in shares of StandardAero during the 4th quarter worth $78,000.

Wall Street Analysts Forecast Growth

SARO has been the topic of several research analyst reports. Wall Street Zen lowered StandardAero from a "buy" rating to a "hold" rating in a research note on Saturday, June 14th. CIBC reduced their price target on shares of 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 upped their price objective on shares of StandardAero from $25.00 to $30.00 and gave the stock a "neutral" rating in a research report on Tuesday, May 13th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $34.67.

StandardAero Trading Up 1.1%

Shares of StandardAero stock traded up $0.29 during trading on Friday, hitting $27.16. The company's stock had a trading volume of 2,542,205 shares, compared to its average volume of 1,753,818. The stock has a market cap of $9.08 billion and a price-to-earnings ratio of 66.25. The stock has a 50-day moving average price of $29.17 and a two-hundred day moving average price of $28.07. The company has a debt-to-equity ratio of 0.91, a current ratio of 2.15 and a quick ratio of 1.37. 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 announced its earnings results on Wednesday, August 13th. The company reported $0.20 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.01). The company had revenue of $1.53 billion during the quarter, compared to the consensus estimate of $1.50 billion. StandardAero had a net margin of 2.37% and a return on equity of 8.87%. The business's revenue was up 13.5% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.02 earnings per share. StandardAero has set its FY 2025 guidance at EPS. Equities research analysts anticipate that StandardAero, Inc. will post 0.29 EPS for the current fiscal year.

Insider Transactions at StandardAero

In other StandardAero news, major shareholder Private Ltd Gic sold 828,729 shares of the company's stock in a transaction on Thursday, May 29th. The shares were sold at an average price of $27.30, for a total transaction of $22,624,301.70. Following the sale, the insider owned 34,463,633 shares of the company's stock, valued at approximately $940,857,180.90. This represents a 2.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 1.90% of the stock is currently owned by insiders.

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.