UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Grows Stake in StandardAero, Inc. $SARO

Key Points

• UBS Asset Management increased its StandardAero stake by 19.7% in the second quarter, buying 72,089 additional shares for a total holding of 437,138 shares valued at approximately $13.1 million.
• Several major institutions, including Carlyle Group, BlackRock and Norges Bank, also established significant positions in StandardAero, while CEO Russell Ford sold 40,000 shares and insiders sold roughly $5.85 million of stock over the past 90 days.
• StandardAero reported quarterly EPS of $0.40, beating the $0.32 consensus estimate, with revenue rising 4.6% year over year to $1.60 billion. Analysts maintain a “Moderate Buy” consensus rating, with an average price target of $34.77.

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in StandardAero, Inc. (NYSE:SARO - Free Report) by 19.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 437,138 shares of the company's stock after buying an additional 72,089 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.13% of StandardAero worth $13,075,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SARO. Carlyle Group Inc. bought a new stake in StandardAero in the second quarter valued at $2,529,998,000. BlackRock Inc. bought a new position in StandardAero in the 2nd quarter worth $646,128,000. Jupiter Topco LLC bought a new position in StandardAero in the 2nd quarter worth $366,857,000. Norges Bank purchased a new stake in shares of StandardAero in the 4th quarter worth about $217,655,000. Finally, Bank of America Corp DE purchased a new stake in shares of StandardAero in the 2nd quarter worth about $178,878,000.

Insider Activity

In other news, CEO Russell Ford sold 40,000 shares of the business's stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the sale, the chief executive officer directly owned 486,955 shares of the company's stock, valued at $14,822,910.20. The trade was a 7.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders have sold 191,423 shares of company stock worth $5,847,760 in the last ninety days. 2.10% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on the stock. Sanford C. Bernstein reiterated an "outperform" rating on shares of StandardAero in a research report on Monday, August 24th. Zacks Research lowered shares of StandardAero from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 12th. Susquehanna cut their price objective on StandardAero from $40.00 to $37.00 and set a "positive" rating on the stock in a research report on Monday, May 11th. Wall Street Zen downgraded StandardAero from a "buy" rating to a "hold" rating in a report on Sunday, May 17th. Finally, Jefferies Financial Group cut StandardAero from a "buy" rating to a "hold" rating and lowered their target price for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat, StandardAero has a consensus rating of "Moderate Buy" and an average price target of $34.77.

StandardAero Stock Up 0.9%

Shares of StandardAero stock opened at $24.86 on Friday. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48. The firm has a market cap of $8.23 billion, a price-to-earnings ratio of 25.63 and a beta of 0.85. The company has a 50-day moving average of $27.66 and a 200 day moving average of $27.28. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59.

StandardAero (NYSE:SARO - Get Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.32 by $0.08. The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. StandardAero's quarterly revenue was up 4.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, sell-side analysts anticipate that StandardAero, Inc. will post 1.51 earnings per share for the current fiscal year.

StandardAero Company Profile

StandardAero is a global aerospace maintenance, repair and overhaul (MRO) provider specializing in gas turbine engines, auxiliary power units (APUs), airframe components and oil & gas rotating equipment. The company offers a full suite of technical services including engine repair and overhaul, component repair, accessory maintenance, parts manufacturing and on-site field support. Its customer base spans commercial airlines, business and general aviation operators, regional carriers, original equipment manufacturers (OEMs) and defense organizations.

With roots dating back to 1911, StandardAero has grown through strategic acquisitions and organic expansion to become one of the largest independent MRO providers in the industry.

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