OneDigital Investment Advisors LLC Purchases New Shares in StandardAero, Inc. $SARO

OneDigital Investment Advisors LLC acquired a new stake in shares of StandardAero, Inc. (NYSE:SARO) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 33,412 shares of the company’s stock, valued at approximately $999,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Cerity Partners LLC raised its position in shares of StandardAero by 0.6% during the 2nd quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock valued at $2,208,000 after buying an additional 416 shares in the last quarter. Royal Bank of Canada grew its position in StandardAero by 0.3% in the first quarter. Royal Bank of Canada now owns 161,325 shares of the company’s stock worth $4,167,000 after acquiring an additional 448 shares in the last quarter. Comerica Bank purchased a new position in StandardAero in the first quarter worth about $26,000. GAMMA Investing LLC increased its stake in StandardAero by 54.6% during the second quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock worth $90,000 after acquiring an additional 1,060 shares during the last quarter. Finally, US Bancorp DE increased its stake in StandardAero by 46.4% during the third quarter. US Bancorp DE now owns 4,506 shares of the company’s stock worth $123,000 after acquiring an additional 1,428 shares during the last quarter.

Analyst Ratings Changes

SARO has been the subject of several analyst reports. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and lowered their price objective for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Royal Bank Of Canada cut their target price on StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. UBS Group increased their price target on StandardAero from $35.00 to $36.00 and gave the company a “buy” rating in a report on Friday, August 7th. Truist Financial upgraded StandardAero to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Wall Street Zen lowered shares of StandardAero from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Two research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $34.77.

Insiders Place Their Bets

In other news, CEO Russell Wayne Ford sold 20,413 shares of StandardAero stock in a transaction on Friday, August 7th. The stock was sold at an average price of $30.56, for a total transaction of $623,821.28. Following the completion of the sale, the chief executive officer directly owned 295,573 shares in the company, valued at approximately $9,032,710.88. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 191,423 shares of company stock valued at $5,847,760 in the last 90 days. Company insiders own 2.10% of the company’s stock.

StandardAero Trading Down 1.9%

SARO opened at $27.38 on Tuesday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13. The stock’s 50 day moving average price is $28.19 and its 200-day moving average price is $27.80. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48. The stock has a market cap of $9.06 billion, a price-to-earnings ratio of 28.23 and a beta of 0.92.

StandardAero (NYSE:SARO) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) 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 period last year, the company earned $0.20 EPS. StandardAero’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. On average, equities analysts forecast that StandardAero, Inc. will post 1.51 EPS for the current year.

StandardAero Company 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.