Vulcan Value Partners LLC Makes New $13.62 Million Investment in StandardAero, Inc. $SARO

Key Points

• Vulcan Value Partners disclosed a new stake in StandardAero, buying 473,415 shares worth about $13.62 million in the fourth quarter.
• Several major institutional investors also increased their holdings, including Vanguard, Allspring, Wellington, State Street, and Massachusetts Financial Services, signaling continued interest in the stock.
• StandardAero reported better-than-expected quarterly results, with EPS of $0.33 versus $0.30 expected and revenue of $1.63 billion, up 13.3% year over year; analysts currently rate the stock Moderate Buy with an average price target of $34.64.

Vulcan Value Partners LLC acquired a new position in shares of StandardAero, Inc. (NYSE:SARO - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 473,415 shares of the company's stock, valued at approximately $13,618,000. Vulcan Value Partners LLC owned 0.14% of StandardAero as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Vanguard Group Inc. boosted its stake in shares of StandardAero by 0.9% in the third quarter. Vanguard Group Inc. now owns 11,210,370 shares of the company's stock valued at $305,931,000 after purchasing an additional 95,801 shares during the period. Allspring Global Investments Holdings LLC boosted its stake in shares of StandardAero by 16.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company's stock valued at $312,934,000 after purchasing an additional 1,484,755 shares during the period. Wellington Management Group LLP boosted its stake in shares of StandardAero by 18.2% in the third quarter. Wellington Management Group LLP now owns 10,345,564 shares of the company's stock valued at $282,330,000 after purchasing an additional 1,593,347 shares during the period. State Street Corp boosted its stake in shares of StandardAero by 90.7% in the second quarter. State Street Corp now owns 6,047,097 shares of the company's stock valued at $191,391,000 after purchasing an additional 2,875,579 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its stake in shares of StandardAero by 5.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,465,939 shares of the company's stock valued at $99,403,000 after purchasing an additional 179,930 shares during the period.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Susquehanna decreased their target price on shares of StandardAero from $40.00 to $37.00 and set a "positive" rating for the company in a research note on Monday, May 11th. Canadian Imperial Bank of Commerce restated an "outperform" rating and issued a $39.00 target price on shares of StandardAero in a research note on Friday, May 8th. Truist Financial upgraded shares of StandardAero to a "strong-buy" rating in a research note on Friday, May 1st. Royal Bank Of Canada reduced their price objective on shares of StandardAero from $37.00 to $34.00 and set an "outperform" rating on the stock in a research note on Friday, May 1st. Finally, Wall Street Zen downgraded shares of StandardAero from a "buy" rating to a "hold" rating in a research note on Sunday, May 17th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, StandardAero presently has a consensus rating of "Moderate Buy" and an average price target of $34.64.

Insider Activity at StandardAero

In other StandardAero news, insider Anthony Brancato sold 1,107 shares of the stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $30,287.52. Following the sale, the insider directly owned 2,991 shares of the company's stock, valued at approximately $81,833.76. This represents a 27.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Russell Wayne Ford sold 10,638 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $291,055.68. Following the sale, the chief executive officer directly owned 14,342 shares in the company, valued at $392,397.12. This trade represents a 42.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 59,337 shares of company stock valued at $1,732,660 in the last ninety days. 1.90% of the stock is owned by insiders.

StandardAero Trading Up 1.8%

NYSE SARO opened at $27.53 on Thursday. StandardAero, Inc. has a 12 month low of $23.83 and a 12 month high of $34.48. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59. The company has a market capitalization of $9.15 billion, a price-to-earnings ratio of 31.28 and a beta of 0.81. The company's fifty day moving average price is $26.09 and its two-hundred day moving average price is $28.00.

StandardAero (NYSE:SARO - Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.33 EPS for the quarter, beating analysts' consensus estimates of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The firm had revenue of $1.63 billion for the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the firm posted $0.19 EPS. The firm's revenue was up 13.3% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, research analysts predict that StandardAero, Inc. will post 1.42 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.

Want to see what other hedge funds are holding SARO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for StandardAero, Inc. (NYSE:SARO - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.