Los Angeles Capital Management LLC Sells 31,218 Shares of StandardAero, Inc. $SARO

Los Angeles Capital Management LLC reduced its stake in shares of StandardAero, Inc. (NYSE:SARO) by 23.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 100,218 shares of the company’s stock after selling 31,218 shares during the quarter. Los Angeles Capital Management LLC’s holdings in StandardAero were worth $2,861,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Comerica Bank bought a new position in shares of StandardAero during the first quarter valued at about $26,000. State of Wyoming bought a new position in shares of StandardAero during the third quarter valued at about $27,000. Aventura Private Wealth LLC bought a new position in shares of StandardAero during the fourth quarter valued at about $45,000. Danske Bank A S bought a new position in shares of StandardAero during the third quarter valued at about $82,000. Finally, Parallel Advisors LLC grew its stake in shares of StandardAero by 210.3% during the fourth quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock valued at $87,000 after buying an additional 2,067 shares during the last quarter.

Wall Street Analyst Weigh In

SARO has been the topic of a number of recent research reports. Jefferies Financial Group cut StandardAero from a “buy” rating to a “hold” rating and reduced their price objective for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Sanford C. Bernstein reissued an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research note on Tuesday, February 24th. Wall Street Zen cut StandardAero from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Weiss Ratings cut StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, May 29th. Finally, Susquehanna cut their target price on StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.25.

StandardAero Stock Up 3.2%

NYSE SARO opened at $25.60 on Wednesday. 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 stock has a market capitalization of $8.51 billion, a PE ratio of 29.09 and a beta of 0.97. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48. The business’s 50-day moving average is $26.08 and its 200 day moving average is $28.01.

StandardAero (NYSE:SARO) last posted its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.StandardAero’s quarterly revenue was up 13.3% on a year-over-year basis. During the same period last year, the firm earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Sell-side analysts forecast that StandardAero, Inc. will post 1.42 earnings per share for the current year.

Insiders Place Their Bets

In other StandardAero news, insider Lewis Prebble sold 1,141 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $31,217.76. Following the transaction, the insider owned 3,006 shares in the company, valued at approximately $82,244.16. This represents a 27.51% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Anthony Brancato sold 1,107 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total value of $30,287.52. Following the completion of the transaction, the insider owned 2,991 shares of the company’s stock, valued at approximately $81,833.76. The trade was a 27.01% decrease in their position. 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 a total of 19,337 shares of company stock valued at $529,060 over the last ninety days.

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.