StandardAero, Inc. $SARO is Ghisallo Capital Management LLC's 7th Largest Position

Key Points

• Ghisallo Capital Management LLC increased its investment in StandardAero, Inc. by 35.0% in the first quarter, making it the firm's 7th largest position at 3.1% of their portfolio.
• StandardAero's earnings report showed a net margin of 2.37% and a quarterly revenue increase of 13.5% year-over-year, despite missing earnings estimates slightly.
• Wall Street analysts have mixed ratings on StandardAero, with an average price target of $34.67 and a general consensus indicating a "Moderate Buy" rating.

Ghisallo Capital Management LLC boosted its stake in StandardAero, Inc. (NYSE:SARO - Free Report) by 35.0% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,350,000 shares of the company's stock after purchasing an additional 350,000 shares during the period. StandardAero makes up approximately 3.1% of Ghisallo Capital Management LLC's holdings, making the stock its 7th largest position. Ghisallo Capital Management LLC owned about 0.40% of StandardAero worth $35,964,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Corebridge Financial Inc. grew 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 acquiring an additional 344 shares during the period. GAMMA Investing LLC grew 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 acquiring an additional 825 shares during the period. Cerity Partners LLC grew its position in shares of StandardAero by 1.3% during the 1st quarter. Cerity Partners LLC now owns 69,342 shares of the company's stock valued at $1,847,000 after acquiring an additional 863 shares during the period. Comerica Bank bought a new stake in shares of StandardAero during the 1st quarter valued at $26,000. Finally, MetLife Investment Management LLC grew its position in shares of StandardAero by 53.4% during the 1st quarter. MetLife Investment Management LLC now owns 3,358 shares of the company's stock valued at $89,000 after acquiring an additional 1,169 shares during the period.

StandardAero Price Performance

SARO stock traded up $0.78 during mid-day trading on Thursday, hitting $27.47. The company had a trading volume of 2,623,362 shares, compared to its average volume of 2,290,295. The company has a market capitalization of $9.19 billion and a price-to-earnings ratio of 66.99. StandardAero, Inc. has a 12-month low of $21.31 and a 12-month high of $34.38. The company has a quick ratio of 1.49, a current ratio of 2.15 and a debt-to-equity ratio of 0.91. The company has a 50-day moving average price of $28.67 and a 200 day moving average price of $28.05.

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 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 quarter in the prior year, the company posted $0.02 earnings per share. The firm's quarterly revenue was up 13.5% compared to the same quarter last year. StandardAero has set its FY 2025 guidance at EPS. On average, research analysts anticipate that StandardAero, Inc. will post 0.29 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on SARO. Wall Street Zen downgraded shares of StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. UBS Group lifted their target price on shares of StandardAero from $25.00 to $30.00 and gave the company a "neutral" rating in a research note on Tuesday, May 13th. Finally, CIBC lowered their target price 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. One investment 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. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus 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.