StandardAero, Inc. (NYSE:SARO) Short Interest Update

StandardAero, Inc. (NYSE:SARO) was the recipient of a significant decline in short interest in March. As of March 13th, there was short interest totaling 8,972,275 shares, a decline of 23.0% from the February 26th total of 11,658,609 shares. Approximately 2.7% of the company’s stock are short sold. Based on an average trading volume of 4,848,987 shares, the days-to-cover ratio is currently 1.9 days.

Insider Buying and Selling at StandardAero

In related news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the sale, the chief executive officer directly owned 606,955 shares of the company’s stock, valued at $18,263,275.95. This represents a 6.18% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 200,000 shares of company stock valued at $6,044,000 in the last ninety days.

Institutional Inflows and Outflows

A number of hedge funds have recently bought and sold shares of the stock. Cerity Partners LLC boosted its position in StandardAero by 0.6% in the second quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock valued at $2,208,000 after buying an additional 416 shares during the last quarter. PNC Financial Services Group Inc. raised its position in StandardAero by 20.5% during the 3rd quarter. PNC Financial Services Group Inc. now owns 4,411 shares of the company’s stock worth $120,000 after buying an additional 751 shares during the last quarter. Comerica Bank acquired a new stake in StandardAero during the 1st quarter valued at approximately $26,000. State of Wyoming acquired a new stake in StandardAero during the 3rd quarter valued at approximately $27,000. Finally, CWM LLC boosted its holdings in shares of StandardAero by 46.7% in the 3rd quarter. CWM LLC now owns 3,234 shares of the company’s stock valued at $88,000 after acquiring an additional 1,029 shares during the last quarter.

StandardAero Stock Up 2.5%

Shares of SARO stock traded up $0.64 during mid-day trading on Tuesday, hitting $25.86. 4,574,353 shares of the stock traded hands, compared to its average volume of 4,596,007. StandardAero has a 52-week low of $21.31 and a 52-week high of $34.48. The stock has a market cap of $8.60 billion, a P/E ratio of 31.15 and a beta of 1.02. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.20 and a quick ratio of 1.57. The stock’s fifty day moving average is $29.61 and its two-hundred day moving average is $28.42.

StandardAero (NYSE:SARO) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.24. The firm had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. The company’s quarterly revenue was up 13.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Equities analysts predict that StandardAero will post 0.29 EPS for the current year.

StandardAero announced that its board has authorized a share buyback program on Wednesday, December 10th that allows the company to repurchase $450.00 million in shares. This repurchase authorization allows the company to buy up to 5% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Wall Street Zen upgraded shares of StandardAero from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. UBS Group increased their price objective on shares of StandardAero from $34.00 to $35.00 and gave the company a “neutral” rating in a research note on Thursday, February 26th. Sanford C. Bernstein reissued an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a research note on Tuesday, February 24th. Zacks Research upgraded StandardAero from a “strong sell” rating to a “strong-buy” rating in a report on Friday, February 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $37.00 target price on shares of StandardAero in a research report on Thursday, January 29th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $35.00.

About StandardAero

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.