Kennedy Capital Management LLC Invests $28.15 Million in StandardAero, Inc. $SARO

Kennedy Capital Management LLC acquired a new stake in StandardAero, Inc. (NYSE:SARO) during the fourth quarter, according to its most recent filing with the SEC. The firm acquired 981,533 shares of the company’s stock, valued at approximately $28,150,000. StandardAero comprises about 0.6% of Kennedy Capital Management LLC’s holdings, making the stock its 22nd largest position.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of SARO. Comerica Bank purchased a new stake in shares of StandardAero during the 1st quarter worth $26,000. State of Wyoming purchased a new stake in shares of StandardAero during the 3rd quarter worth $27,000. Aventura Private Wealth LLC purchased a new stake in shares of StandardAero during the 4th quarter worth $45,000. Danske Bank A S purchased a new stake in shares of StandardAero during the 3rd quarter worth $82,000. Finally, Parallel Advisors LLC boosted its position in shares of StandardAero by 210.3% during the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock worth $87,000 after purchasing an additional 2,067 shares in the last quarter.

Insider Transactions at StandardAero

In other StandardAero news, insider Anthony Brancato sold 1,107 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $30,287.52. Following the completion of the transaction, the insider owned 2,991 shares in the company, valued at $81,833.76. This represents a 27.01% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Lewis Prebble sold 1,141 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $31,217.76. Following the completion of the transaction, the insider owned 3,006 shares of the company’s stock, valued at approximately $82,244.16. This represents a 27.51% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 19,337 shares of company stock worth $529,060 over the last 90 days. 1.90% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on SARO shares. Weiss Ratings lowered shares of StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. Susquehanna decreased their target price on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research report on Monday, May 11th. Truist Financial raised StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Wells Fargo & Company initiated coverage on StandardAero in a research note on Wednesday, April 1st. They set an “overweight” rating and a $32.00 price target for the company. Finally, Royal Bank Of Canada cut their price target on StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $34.25.

StandardAero Stock Up 3.7%

NYSE SARO opened at $26.91 on Friday. The stock has a market cap of $8.95 billion, a PE ratio of 30.58 and a beta of 0.97. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48. The business has a 50 day moving average price of $26.09 and a two-hundred day moving average price of $28.02. 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 (NYSE:SARO) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.StandardAero’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, sell-side analysts predict that StandardAero, Inc. will post 1.42 EPS for the current fiscal 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.