Healthcare of Ontario Pension Plan Trust Fund Decreases Stake in StandardAero, Inc. $SARO

Healthcare of Ontario Pension Plan Trust Fund reduced its stake in shares of StandardAero, Inc. (NYSE:SARO) by 17.2% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,822,400 shares of the company’s stock after selling 377,600 shares during the period. Healthcare of Ontario Pension Plan Trust Fund’s holdings in StandardAero were worth $52,266,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in 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.

Insiders Place Their Bets

In related news, CEO Russell Wayne Ford sold 10,638 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $27.36, for a total value of $291,055.68. Following the completion of the transaction, the chief executive officer owned 14,342 shares of the company’s stock, valued at approximately $392,397.12. The trade was a 42.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Daniel Satterfield sold 2,306 shares of the business’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $63,092.16. Following the completion of the transaction, the chief financial officer directly owned 6,232 shares of the company’s stock, valued at $170,507.52. The trade was a 27.01% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last ninety days, insiders sold 19,337 shares of company stock worth $529,060. 2.10% of the stock is owned by company insiders.

Analyst Ratings Changes

Several brokerages have commented on SARO. Jefferies Financial Group lowered shares of StandardAero from a “buy” rating to a “hold” rating and decreased their target price for the stock from $34.00 to $30.00 in a research report on Tuesday, June 2nd. Truist Financial upgraded shares of StandardAero to a “strong-buy” rating in a research report on Friday, May 1st. Sanford C. Bernstein reiterated an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a research report on Tuesday, February 24th. BTIG Research initiated coverage on shares of StandardAero in a research report on Thursday, April 2nd. They issued a “buy” rating and a $35.00 price objective on the stock. Finally, Royal Bank Of Canada decreased their price objective on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $34.25.

StandardAero Price Performance

StandardAero stock opened at $26.91 on Monday. StandardAero, Inc. has a 52 week low of $23.83 and a 52 week high of $34.48. 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 firm’s 50-day simple moving average is $26.09 and its 200 day simple moving average is $28.04. The firm has a market capitalization of $8.95 billion, a PE ratio of 30.58 and a beta of 0.97.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.33 EPS for the quarter, topping the consensus estimate of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The business had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. During the same period in the previous year, the firm earned $0.19 EPS. The business’s revenue for the quarter was up 13.3% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, equities research analysts predict that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

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.