18,145 Shares in StandardAero, Inc. $SARO Purchased by State of Wyoming

State of Wyoming purchased a new stake in shares of StandardAero, Inc. (NYSE:SARO) during the 1st quarter, Holdings Channel reports. The institutional investor purchased 18,145 shares of the company’s stock, valued at approximately $469,000.

Other large investors have also recently added to or reduced their stakes in the company. Cerity Partners LLC lifted its position in shares of StandardAero by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after acquiring an additional 416 shares during the period. Comerica Bank bought a new stake in shares of StandardAero during the first quarter valued at approximately $26,000. US Bancorp DE raised its stake in shares of StandardAero by 46.4% in the third quarter. US Bancorp DE now owns 4,506 shares of the company’s stock valued at $123,000 after purchasing an additional 1,428 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in StandardAero by 3.6% in the fourth quarter. The Manufacturers Life Insurance Company now owns 43,562 shares of the company’s stock worth $1,249,000 after purchasing an additional 1,494 shares during the period. Finally, Federation des caisses Desjardins du Quebec boosted its stake in StandardAero by 18.9% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 11,685 shares of the company’s stock worth $335,000 after buying an additional 1,860 shares in the last quarter.

Analysts Set New Price Targets

A number of equities analysts have recently commented on the stock. Susquehanna reduced their price objective on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a report on Monday, May 11th. Wells Fargo & Company assumed coverage on shares of StandardAero in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 price target for the company. Royal Bank Of Canada dropped their price target on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. UBS Group upgraded shares of StandardAero from a “neutral” rating to a “buy” rating and cut their price target for the stock from $35.00 to $34.00 in a research note on Monday, May 11th. Finally, Weiss Ratings raised StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $34.00.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the transaction, the chief executive officer directly owned 486,955 shares in the company, valued at approximately $14,822,910.20. This trade represents a 7.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 2.10% of the stock is owned by company insiders.

StandardAero Price Performance

NYSE:SARO opened at $28.73 on Friday. The firm has a market cap of $9.55 billion, a PE ratio of 32.65 and a beta of 0.91. StandardAero, Inc. has a 12 month low of $23.83 and a 12 month high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.12 and a debt-to-equity ratio of 0.81. The company’s 50-day moving average price is $27.34 and its two-hundred day moving average price is $28.15.

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

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.