Janus Henderson Group PLC Purchases 816,276 Shares of StandardAero, Inc. $SARO

Janus Henderson Group PLC lifted its position in shares of StandardAero, Inc. (NYSE:SARO) by 7.3% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,040,337 shares of the company’s stock after purchasing an additional 816,276 shares during the quarter. Janus Henderson Group PLC’s holdings in StandardAero were worth $311,002,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SARO. Allspring Global Investments Holdings LLC grew its position in StandardAero by 42.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock valued at $395,890,000 after purchasing an additional 4,523,693 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in StandardAero by 33.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock worth $401,525,000 after buying an additional 3,540,167 shares during the last quarter. T. Rowe Price Investment Management Inc. raised its holdings in StandardAero by 11.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,984,551 shares of the company’s stock worth $343,717,000 after buying an additional 1,194,488 shares during the last quarter. Wellington Management Group LLP lifted its stake in shares of StandardAero by 5.0% in the fourth quarter. Wellington Management Group LLP now owns 10,867,767 shares of the company’s stock valued at $311,688,000 after buying an additional 522,203 shares in the last quarter. Finally, Norges Bank bought a new position in shares of StandardAero in the fourth quarter valued at $217,655,000.

StandardAero Stock Performance

Shares of SARO stock opened at $29.03 on Friday. The firm has a 50-day moving average of $27.62 and a 200-day moving average of $28.10. The company has a market cap of $9.65 billion, a P/E ratio of 32.99 and a beta of 0.91. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48.

StandardAero (NYSE:SARO) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to analyst estimates of $1.49 billion. During the same period last year, the firm earned $0.19 earnings per share. The firm’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. Equities research analysts forecast that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

Insider Activity at StandardAero

In other news, CEO Russell Wayne Ford sold 40,000 shares of the business’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 transaction, the chief executive officer owned 486,955 shares in the company, valued at $14,822,910.20. The trade was a 7.59% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 2.10% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on SARO shares. BTIG Research started coverage on shares of StandardAero in a research report on Thursday, April 2nd. They set a “buy” rating and a $35.00 target price for the company. Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Zacks Research downgraded StandardAero from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada decreased their price objective on StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Finally, Truist Financial raised StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

About StandardAero

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.