William Blair Investment Management LLC Makes New Investment in StandardAero, Inc. $SARO

William Blair Investment Management LLC acquired a new stake in StandardAero, Inc. (NYSE:SARO - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 884,307 shares of the company's stock, valued at approximately $26,450,000. William Blair Investment Management LLC owned about 0.27% of StandardAero at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Comerica Bank bought a new stake in StandardAero in the first quarter worth $26,000. Optiver Holding B.V. bought a new stake in shares of StandardAero in the 1st quarter worth about $51,000. Danske Bank A S purchased a new position in shares of StandardAero during the 3rd quarter worth about $82,000. GAMMA Investing LLC grew its holdings in StandardAero by 54.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company's stock valued at $90,000 after purchasing an additional 1,060 shares during the last quarter. Finally, Parallel Advisors LLC grew its holdings in StandardAero by 210.3% during the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company's stock valued at $87,000 after purchasing an additional 2,067 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on SARO shares. Canadian Imperial Bank of Commerce restated an "outperform" rating and set a $39.00 target price on shares of StandardAero in a research report on Friday, May 8th. Royal Bank Of Canada reduced their target price on StandardAero from $37.00 to $34.00 and set an "outperform" rating on the stock in a research note on Friday, May 1st. Truist Financial raised shares of StandardAero to a "strong-buy" rating in a research note on Friday, May 1st. Zacks Research lowered shares of StandardAero from a "strong-buy" rating to a "hold" rating in a report on Tuesday, May 12th. Finally, Jefferies Financial Group downgraded shares of StandardAero from a "buy" rating to a "hold" rating and decreased their price target for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, StandardAero currently has a consensus rating of "Moderate Buy" and an average target price of $34.77.

StandardAero Trading Down 0.8%

NYSE SARO opened at $25.04 on Friday. The firm has a market cap of $8.29 billion, a PE ratio of 25.81 and a beta of 0.92. StandardAero, Inc. has a 52 week low of $23.83 and a 52 week high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84. The company has a 50 day moving average price of $28.19 and a 200 day moving average price of $27.67.

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

Insider Transactions at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction on Monday, July 6th. The shares were sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the completion of the sale, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. The trade was a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. In the last quarter, insiders have sold 191,423 shares of company stock worth $5,847,760. Corporate insiders own 2.10% of the company's stock.

StandardAero 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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