Carlyle Group Inc. Takes Position in StandardAero, Inc. $SARO

Carlyle Group Inc. acquired a new position in StandardAero, Inc. (NYSE:SARO) in the 2nd quarter, Holdings Channel.com reports. The firm acquired 84,587,035 shares of the company’s stock, valued at approximately $2,529,998,000. StandardAero accounts for approximately 25.3% of Carlyle Group Inc.’s portfolio, making the stock its 2nd largest holding. Carlyle Group Inc. owned approximately 0.25% of StandardAero as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. bought a new position in StandardAero in the 2nd quarter worth $646,128,000. Deutsche Bank AG bought a new stake in StandardAero during the second quarter valued at about $3,199,000. OneDigital Investment Advisors LLC bought a new stake in StandardAero during the second quarter valued at about $999,000. Bank of New York Mellon Corp purchased a new stake in StandardAero in the second quarter worth about $33,005,000. Finally, Oppenheimer Asset Management Inc. purchased a new stake in StandardAero in the second quarter worth about $698,000.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on SARO. UBS Group raised their price objective on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $39.00 price objective on shares of StandardAero in a research note on Friday, May 8th. Truist Financial raised shares of StandardAero to a “strong-buy” rating in a report on Friday, May 1st. Susquehanna lowered their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a report on Monday, May 11th. Finally, Jefferies Financial Group lowered shares of StandardAero from a “buy” rating to a “hold” rating and dropped their price target for the stock from $34.00 to $30.00 in a research report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $34.77.

StandardAero Price Performance

NYSE:SARO opened at $27.38 on Tuesday. The business’s 50-day simple moving average is $28.19 and its two-hundred day simple moving average is $27.80. StandardAero, Inc. has a 52 week low of $23.83 and a 52 week high of $34.48. The stock has a market cap of $9.06 billion, a PE ratio of 28.23 and a beta of 0.92. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The firm had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the prior year, the company posted $0.20 earnings per share. The business’s quarterly revenue was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, analysts forecast that StandardAero, Inc. will post 1.51 EPS for the current fiscal year.

Insider Buying and Selling

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred 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 completion of the transaction, the chief executive officer directly owned 486,955 shares in the company, valued at $14,822,910.20. This represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders sold 191,423 shares of company stock valued at $5,847,760. 2.10% of the stock is currently owned by 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.