Roubaix Capital LLC Buys 79,319 Shares of StandardAero, Inc. $SARO

Key Points

• Roubaix Capital LLC increased its holdings in StandardAero, Inc. by 47.1%, making it the fund's second largest holding at approximately 3.4% of its portfolio.
• StandardAero's stock opened at $26.55, with a market capitalization of $8.88 billion and a P/E ratio of 64.76, reflecting notable financial metrics.
• The company reported earnings per share of $0.20, missing analyst estimates, but showed a 13.5% year-over-year revenue growth, totaling $1.53 billion.

Roubaix Capital LLC boosted its holdings in shares of StandardAero, Inc. (NYSE:SARO - Free Report) by 47.1% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 247,685 shares of the company's stock after buying an additional 79,319 shares during the quarter. StandardAero accounts for 3.4% of Roubaix Capital LLC's investment portfolio, making the stock its 2nd largest position. Roubaix Capital LLC owned approximately 0.07% of StandardAero worth $6,598,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bessemer Group Inc. purchased a new position in shares of StandardAero in the 4th quarter valued at about $28,000. GAMMA Investing LLC grew 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 acquiring an additional 825 shares in the last quarter. KBC Group NV acquired a new position in StandardAero during the 1st quarter worth approximately $52,000. MetLife Investment Management LLC acquired a new position in StandardAero during the 4th quarter worth approximately $54,000. Finally, Sterling Capital Management LLC acquired a new position in StandardAero during the 4th quarter worth approximately $78,000.

Analyst Ratings Changes

SARO has been the subject of several analyst reports. Wall Street Zen cut shares of StandardAero from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. UBS Group boosted their price target on shares of StandardAero from $25.00 to $30.00 and gave the stock a "neutral" rating in a report on Tuesday, May 13th. Finally, CIBC lowered their price target on shares of 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 company. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $34.67.

StandardAero Stock Performance

Shares of SARO stock traded up $0.5550 during trading hours on Friday, hitting $27.4250. The stock had a trading volume of 843,055 shares, compared to its average volume of 2,332,392. The firm has a market capitalization of $9.17 billion and a PE ratio of 66.89. StandardAero, Inc. has a twelve month low of $21.31 and a twelve month high of $34.38. The stock's 50 day moving average is $29.24 and its 200 day moving average is $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 (NYSE:SARO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 13th. The company reported $0.20 earnings per share for the quarter, missing the consensus estimate 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%. StandardAero's revenue was up 13.5% compared to the same quarter last year. During the same period in the previous year, the company posted $0.02 earnings per share. StandardAero has set its FY 2025 guidance at EPS. As a group, research analysts forecast that StandardAero, Inc. will post 0.29 earnings per share for the current fiscal year.

Insider Activity

In other news, major shareholder Private Ltd Gic sold 828,729 shares of the business's stock in a transaction that occurred on Thursday, May 29th. The stock was sold at an average price of $27.30, for a total value of $22,624,301.70. Following the transaction, the insider owned 34,463,633 shares of the company's stock, valued at approximately $940,857,180.90. The trade was a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 1.90% of the company's stock.

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.