Scholtz & Company LLC Invests $3.96 Million in StandardAero, Inc. $SARO

Scholtz & Company LLC purchased a new stake in shares of StandardAero, Inc. (NYSE:SARO) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 132,404 shares of the company’s stock, valued at approximately $3,960,000. StandardAero makes up approximately 2.0% of Scholtz & Company LLC’s investment portfolio, making the stock its 19th biggest position.

Other institutional investors also recently modified their holdings of the company. Comerica Bank purchased a new position in StandardAero in the 1st quarter worth about $26,000. Royal Bank of Canada boosted its holdings in shares of StandardAero by 418.8% during the 1st quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock valued at $3,682,000 after acquiring an additional 111,617 shares during the last quarter. AQR Capital Management LLC bought a new stake in shares of StandardAero in the first quarter worth approximately $521,000. Goldman Sachs Group Inc. bought a new stake in shares of StandardAero in the first quarter worth approximately $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new position in shares of StandardAero during the first quarter valued at approximately $12,343,000.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the stock. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Sanford C. Bernstein reissued an “outperform” rating on shares of StandardAero in a report on Monday, August 24th. Morgan Stanley set a $33.00 price target on StandardAero in a research note on Monday, August 10th. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and cut their price objective for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Finally, UBS Group upped their price objective on StandardAero from $35.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, August 7th. Two equities research 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, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.77.

Insider Transactions at StandardAero

In other StandardAero news, CEO Russell Ford sold 20,413 shares of the company’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the sale, the chief executive officer owned 295,573 shares in the company, valued at $9,032,710.88. This represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders sold a total of 191,423 shares of company stock worth $5,847,760 over the last three months. Insiders own 2.10% of the company’s stock.

StandardAero Stock Down 1.0%

Shares of SARO stock opened at $24.22 on Thursday. The company has a current ratio of 2.13, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84. StandardAero, Inc. has a 12 month low of $23.83 and a 12 month high of $34.48. The stock has a market cap of $8.01 billion, a P/E ratio of 24.97 and a beta of 0.85. The company has a 50 day simple moving average of $27.36 and a two-hundred day simple moving average of $27.12.

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