Verbena Value LP Buys 704,000 Shares of StandardAero, Inc. $SARO

Verbena Value LP boosted its stake in shares of StandardAero, Inc. (NYSE:SARO) by 379.3% during the 1st quarter, Holdings Channel reports. The institutional investor owned 889,600 shares of the company’s stock after buying an additional 704,000 shares during the quarter. StandardAero comprises approximately 3.8% of Verbena Value LP’s investment portfolio, making the stock its 12th largest holding. Verbena Value LP’s holdings in StandardAero were worth $22,978,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the stock. Norges Bank bought a new position in shares of StandardAero during the fourth quarter worth about $217,655,000. Price T Rowe Associates Inc. MD boosted its holdings in StandardAero by 33.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after acquiring an additional 3,540,167 shares during the last quarter. Victory Capital Management Inc. boosted its holdings in StandardAero by 175.8% in the fourth quarter. Victory Capital Management Inc. now owns 5,040,723 shares of the company’s stock valued at $144,568,000 after acquiring an additional 3,212,827 shares during the last quarter. Bessemer Group Inc. increased its position in StandardAero by 447,114.3% during the 4th quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company’s stock valued at $89,014,000 after purchasing an additional 3,102,973 shares during the period. Finally, State Street Corp increased its position in StandardAero by 90.7% during the 2nd quarter. State Street Corp now owns 6,047,097 shares of the company’s stock valued at $191,391,000 after purchasing an additional 2,875,579 shares during the period.

Wall Street Analyst Weigh In

SARO has been the topic of a number of recent analyst reports. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a research report on Friday, May 8th. Jefferies Financial Group cut shares of StandardAero from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $34.00 to $30.00 in a research report on Tuesday, June 2nd. UBS Group raised shares of StandardAero from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $35.00 to $34.00 in a research note on Monday, May 11th. Zacks Research lowered shares of StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Finally, Wall Street Zen lowered shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Two analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $34.25.

StandardAero Trading Up 0.0%

Shares of SARO stock opened at $27.93 on Monday. The company has a market cap of $9.29 billion, a P/E ratio of 31.74 and a beta of 0.91. The stock has a 50 day simple moving average of $27.05 and a two-hundred day simple moving average of $28.26. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48.

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

Insider Buying and Selling

In related news, COO Kimberly Ernzen sold 2,516 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $68,837.76. Following the transaction, the chief operating officer owned 6,632 shares in the company, valued at $181,451.52. The trade was a 27.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Daniel Satterfield sold 2,306 shares of the stock in a transaction on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $63,092.16. Following the transaction, the chief financial officer directly owned 6,232 shares in the company, valued at approximately $170,507.52. This represents a 27.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 99,337 shares of company stock worth $2,955,860 over the last ninety days. 2.10% of the stock is owned by company insiders.

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.