Public Employees Retirement System of Ohio Has $1.73 Million Holdings in StandardAero, Inc. $SARO

Public Employees Retirement System of Ohio boosted its position in shares of StandardAero, Inc. (NYSE:SARO) by 56.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 66,809 shares of the company’s stock after purchasing an additional 24,170 shares during the period. Public Employees Retirement System of Ohio’s holdings in StandardAero were worth $1,726,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of SARO. Comerica Bank acquired a new position in shares of StandardAero during the first quarter worth about $26,000. Danske Bank A S bought a new position in shares of StandardAero during the third quarter worth about $82,000. Parallel Advisors LLC raised its position in StandardAero by 210.3% in the 4th 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. Aster Capital Management DIFC Ltd acquired a new stake in StandardAero in the 4th quarter valued at approximately $105,000. Finally, US Bancorp DE lifted its stake in StandardAero by 46.4% in the 3rd quarter. US Bancorp DE now owns 4,506 shares of the company’s stock valued at $123,000 after acquiring an additional 1,428 shares in the last quarter.

Wall Street Analysts Forecast Growth

SARO has been the subject of a number of recent research reports. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $39.00 price target on shares of StandardAero in a research report on Friday, May 8th. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Truist Financial raised shares of StandardAero to a “strong-buy” rating in a research report on Friday, May 1st. Susquehanna reduced their target price 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. Finally, Morgan Stanley set a $31.00 target price on shares of StandardAero in a research report on Wednesday, July 15th. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $34.00.

Insider Buying and Selling at StandardAero

In related news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $30.44, for a total transaction 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. The trade was a 7.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 2.10% of the company’s stock.

StandardAero Stock Up 0.2%

SARO stock opened at $29.36 on Monday. 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 business has a 50 day moving average price of $27.67 and a two-hundred day moving average price of $28.08. The company has a market cap of $9.76 billion, a price-to-earnings ratio of 33.36 and a beta of 0.92. StandardAero, Inc. has a twelve month low of $23.83 and a twelve month high of $34.48.

StandardAero (NYSE:SARO) last posted its quarterly earnings results 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 return on equity of 12.36% and a net margin of 4.71%.The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same quarter in the previous year, the firm earned $0.19 EPS. The business’s quarterly revenue was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Analysts anticipate that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

StandardAero Company 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.