Mountaineer Partners Management LLC increased its holdings in shares of StandardAero, Inc. (NYSE:SARO – Free Report) by 26.4% in the 4th quarter, HoldingsChannel reports. The firm owned 367,498 shares of the company’s stock after acquiring an additional 76,768 shares during the quarter. StandardAero makes up approximately 5.9% of Mountaineer Partners Management LLC’s holdings, making the stock its 9th largest holding. Mountaineer Partners Management LLC’s holdings in StandardAero were worth $10,540,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently made changes to their positions in the company. Comerica Bank purchased a new position in shares of StandardAero during the first quarter worth $26,000. State of Wyoming purchased a new position in StandardAero in the third quarter valued at $27,000. Aventura Private Wealth LLC purchased a new position in StandardAero in the fourth quarter valued at $45,000. Danske Bank A S purchased a new position in StandardAero in the third quarter valued at $82,000. Finally, Parallel Advisors LLC increased its holdings in StandardAero by 210.3% in 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 in the last quarter.
Analysts Set New Price Targets
SARO has been the subject of a number of recent analyst reports. Morgan Stanley cut their price objective on shares of StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a report on Tuesday, May 12th. Truist Financial raised shares of StandardAero to a “strong-buy” rating in a report on Friday, May 1st. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Wells Fargo & Company initiated coverage on shares of StandardAero in a report on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 price objective for the company. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a report on Tuesday, February 24th. 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, StandardAero currently has an average rating of “Moderate Buy” and a consensus target price of $34.25.
StandardAero Stock Down 0.0%
SARO stock opened at $26.91 on Monday. The stock has a market capitalization of $8.95 billion, a P/E ratio of 30.58 and a beta of 0.97. The firm has a 50-day simple moving average of $26.09 and a 200-day simple moving average of $28.04. The company has a quick ratio of 1.59, a current ratio of 2.12 and a debt-to-equity ratio of 0.81. StandardAero, Inc. has a 52 week low of $23.83 and a 52 week high of $34.48.
StandardAero (NYSE:SARO – Get Free Report) last released its earnings results on Thursday, May 7th. The company reported $0.33 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The company’s quarterly revenue was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Equities analysts forecast that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.
Insider Buying and Selling at StandardAero
In other news, insider Anthony Brancato sold 1,107 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $30,287.52. Following the completion of the sale, the insider owned 2,991 shares of the company’s stock, valued at $81,833.76. The trade was a 27.01% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, COO Kimberly Ernzen sold 2,516 shares of the business’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $68,837.76. Following the sale, the chief operating officer directly owned 6,632 shares of the company’s stock, valued at $181,451.52. This represents a 27.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders have sold 19,337 shares of company stock valued at $529,060. Corporate insiders own 2.10% of the company’s stock.
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.
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