Yaupon Capital Management LP Buys 396,518 Shares of 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 grew its position in shares of StandardAero, Inc. (NYSE:SARO - Free Report) by 308.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 525,000 shares of the company's stock after purchasing an additional 396,518 shares during the quarter. Yaupon Capital Management LP owned approximately 0.16% of StandardAero worth $13,986,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Carlyle Group Inc. raised its holdings in StandardAero by 1,912.5% in the 1st quarter. Carlyle Group Inc. now owns 134,352,830 shares of the company's stock valued at $3,579,159,000 after buying an additional 127,676,968 shares during the last quarter. Vanguard Group Inc. increased its position in StandardAero by 53.2% in the 1st quarter. Vanguard Group Inc. now owns 9,133,766 shares of the company's stock valued at $243,324,000 after acquiring an additional 3,171,404 shares during the period. T. Rowe Price Investment Management Inc. raised its stake in shares of StandardAero by 29.2% during the first quarter. T. Rowe Price Investment Management Inc. now owns 8,418,195 shares of the company's stock valued at $224,261,000 after acquiring an additional 1,902,687 shares during the last quarter. Wellington Management Group LLP lifted its holdings in shares of StandardAero by 9.1% during the first quarter. Wellington Management Group LLP now owns 8,106,811 shares of the company's stock worth $215,965,000 after purchasing an additional 678,520 shares during the period. Finally, Janus Henderson Group PLC bought a new stake in shares of StandardAero in the fourth quarter worth $145,849,000.

StandardAero Trading Down 0.6%

Shares of NYSE:SARO traded down $0.16 during midday trading on Friday, reaching $27.19. The company's stock had a trading volume of 923,906 shares, compared to its average volume of 2,265,046. StandardAero, Inc. has a fifty-two week low of $21.31 and a fifty-two week high of $34.38. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.49 and a current ratio of 2.15. The firm has a 50 day moving average price of $28.18 and a two-hundred day moving average price of $28.06. The firm has a market capitalization of $9.09 billion and a price-to-earnings ratio of 66.32.

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

Analyst Ratings Changes

SARO has been the subject of several analyst reports. CIBC lowered their target price on StandardAero from $35.00 to $34.00 and set an "outperformer" rating for the company in a research report on Tuesday, July 8th. Wall Street Zen lowered StandardAero from a "buy" rating to a "hold" rating in a research report on Saturday, June 14th. Finally, Barclays initiated coverage on StandardAero in a research note on Friday. They issued an "equal weight" rating and a $32.00 price target for the company. One analyst has rated the stock with a Strong Buy rating, five have issued a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $34.40.

StandardAero 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.