Swiss National Bank Makes New $5.94 Million Investment in StandardAero, Inc. $SARO

Key Points

• Swiss National Bank has acquired 223,100 shares of StandardAero, Inc. valued at approximately $5.94 million, representing 0.07% ownership as of the end of the last quarter.
• Significant institutional investors, such as Carlyle Group Inc. and Vanguard Group Inc., dramatically increased their holdings in StandardAero during the first quarter, with Carlyle raising its investment by 1,912.5%.
• StandardAero missed its earnings per share estimate in the most recent quarter, reporting $0.20 EPS against a consensus of $0.21, while revenue increased by 13.5% year-over-year.

Swiss National Bank bought a new position in shares of StandardAero, Inc. (NYSE:SARO - Free Report) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 223,100 shares of the company's stock, valued at approximately $5,943,000. Swiss National Bank owned 0.07% of StandardAero as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of SARO. GAMMA Investing LLC lifted its holdings in StandardAero by 272.3% during the first quarter. GAMMA Investing LLC now owns 1,128 shares of the company's stock worth $30,000 after buying an additional 825 shares during the period. KBC Group NV purchased a new stake in StandardAero during the first quarter worth $52,000. MetLife Investment Management LLC purchased a new stake in shares of StandardAero during the 4th quarter valued at $54,000. Sterling Capital Management LLC purchased a new stake in shares of StandardAero during the 4th quarter valued at $78,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of StandardAero during the 4th quarter valued at $79,000.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Wall Street Zen lowered StandardAero from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. CIBC decreased their price objective on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a report on Tuesday, July 8th. Finally, UBS Group increased their price objective on StandardAero from $25.00 to $30.00 and gave the company a "neutral" rating in a report on Tuesday, May 13th. One 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 stock. According to MarketBeat.com, StandardAero presently has a consensus rating of "Moderate Buy" and an average target price of $34.67.

StandardAero Stock Performance

Shares of NYSE SARO traded up $0.29 during mid-day trading on Friday, hitting $27.16. The stock had a trading volume of 2,542,205 shares, compared to its average volume of 1,753,818. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.37 and a current ratio of 2.15. The company has a 50 day moving average of $29.17 and a two-hundred day moving average of $28.08. StandardAero, Inc. has a twelve month low of $21.31 and a twelve month high of $34.38. The firm has a market cap of $9.08 billion and a PE ratio of 66.25.

StandardAero (NYSE:SARO - Get Free Report) last released 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 firm had revenue of $1.53 billion during the quarter, compared to analyst estimates of $1.50 billion. During the same period in the previous year, the company earned $0.02 earnings per share. StandardAero's revenue was up 13.5% on a year-over-year basis. StandardAero has set its FY 2025 guidance at EPS. Research analysts predict that StandardAero, Inc. will post 0.29 EPS for the current fiscal year.

Insider Activity

In other StandardAero news, major shareholder Private Ltd Gic sold 828,729 shares of the stock in a transaction dated 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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.