Yaupon Capital Management LP Has $13.99 Million Stock Holdings in StandardAero, Inc. $SARO

Key Points

• Yaupon Capital Management LP increased its stake in StandardAero by 308.6%, owning 525,000 shares worth approximately $13.99 million as of the latest SEC filing.
• Several hedge funds acquired new stakes in StandardAero during the fourth quarter, including Northern Trust Corp and Bank of America Corp, indicating growing institutional interest.
• Research analysts have mixed ratings for StandardAero, with a consensus rating of "Moderate Buy" and an average target price of $34.67, despite a recent downgrade from Wall Street Zen.

Yaupon Capital Management LP lifted its stake in shares of StandardAero, Inc. (NYSE:SARO - Free Report) by 308.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 525,000 shares of the company's stock after acquiring an additional 396,518 shares during the quarter. Yaupon Capital Management LP owned 0.16% of StandardAero worth $13,986,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of SARO. Comerica Bank purchased a new stake in shares of StandardAero in the first quarter valued at $26,000. Corebridge Financial Inc. raised its holdings in shares of StandardAero by 46.8% during the first quarter. Corebridge Financial Inc. now owns 1,079 shares of the company's stock worth $29,000 after acquiring an additional 344 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of 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 acquiring an additional 825 shares in the last quarter. KBC Group NV purchased a new stake in shares of StandardAero during the first quarter worth $52,000. Finally, BNP Paribas Financial Markets purchased a new stake in shares of StandardAero during the fourth quarter worth $79,000.

StandardAero Stock Performance

SARO stock traded down $0.16 during trading on Friday, reaching $27.19. 923,906 shares of the stock were exchanged, compared to its average volume of 1,419,785. The company has a market capitalization of $9.09 billion and a P/E ratio of 66.32. The company has a current ratio of 2.15, a quick ratio of 1.49 and a debt-to-equity ratio of 0.91. StandardAero, Inc. has a twelve month low of $21.31 and a twelve month high of $34.38. The stock has a 50 day simple moving average of $28.10 and a 200-day simple moving average of $28.07.

StandardAero (NYSE:SARO - Get Free Report) last announced its quarterly earnings results on Wednesday, August 13th. The company reported $0.20 EPS for the quarter, missing analysts' consensus estimates of $0.21 by ($0.01). StandardAero had a return on equity of 8.87% and a net margin of 2.37%.The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.50 billion. During the same quarter in the prior year, the business earned $0.02 EPS. The firm's revenue for the quarter was up 13.5% on a year-over-year basis. StandardAero has set its FY 2025 guidance at EPS. As a group, sell-side analysts anticipate that StandardAero, Inc. will post 0.29 earnings per share for the current year.

Analysts Set New Price Targets

Several analysts recently issued reports on SARO shares. CIBC cut 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. Wall Street Zen lowered StandardAero from a "buy" rating to a "hold" rating in a report on Saturday, June 14th. Finally, Barclays began coverage on StandardAero in a research report on Friday. They issued an "equal weight" rating and a $32.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating and four have assigned a Hold rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $34.40.

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.