Irenic Capital Management LP Makes New $717,000 Investment in StandardAero, Inc. $SARO

Irenic Capital Management LP acquired a new position in shares of StandardAero, Inc. (NYSE:SARO) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 25,000 shares of the company’s stock, valued at approximately $717,000.

Other hedge funds have also recently bought and sold shares of the company. Comerica Bank acquired a new position in StandardAero during the first quarter worth $26,000. Aventura Private Wealth LLC acquired a new position in StandardAero during the fourth quarter worth $45,000. Danske Bank A S acquired a new position in StandardAero during the third quarter worth $82,000. Parallel Advisors LLC raised its stake in StandardAero by 210.3% during the fourth quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock worth $87,000 after acquiring an additional 2,067 shares in the last quarter. Finally, Aster Capital Management DIFC Ltd acquired a new position in StandardAero during the fourth quarter worth $105,000.

StandardAero Price Performance

StandardAero stock opened at $27.19 on Thursday. The business’s 50-day simple moving average is $26.13 and its 200 day simple moving average is $28.07. The stock has a market cap of $9.04 billion, a price-to-earnings ratio of 30.90 and a beta of 0.97. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month 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.

StandardAero (NYSE:SARO) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. The business had revenue of $1.63 billion for 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%.The firm’s quarterly revenue was up 13.3% compared to the same quarter last year. During the same quarter last year, the business earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. As a group, research analysts anticipate that StandardAero, Inc. will post 1.42 earnings per share for the current year.

Insiders Place Their Bets

In related news, CFO Daniel Satterfield sold 2,306 shares of the firm’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $63,092.16. Following the transaction, the chief financial officer owned 6,232 shares in the company, valued at $170,507.52. This trade represents a 27.01% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Anthony Brancato sold 1,107 shares of the firm’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 $30,287.52. Following the completion of the transaction, the insider owned 2,991 shares in the company, valued at approximately $81,833.76. This represents a 27.01% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 valued at $529,060 over the last 90 days. Corporate insiders own 2.10% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on SARO shares. Canadian Imperial Bank of Commerce reiterated an “outperform” rating and set a $39.00 price objective on shares of StandardAero in a research note on Friday, May 8th. Sanford C. Bernstein restated an “outperform” rating and issued a $39.00 target price on shares of StandardAero in a research note on Tuesday, February 24th. Wells Fargo & Company began coverage on StandardAero in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $32.00 target price for the company. Morgan Stanley lowered their target price on StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a research note on Tuesday, May 12th. Finally, Truist Financial upgraded StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Two equities research 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’s stock. According to data from MarketBeat, StandardAero has an average rating of “Moderate Buy” and a consensus target price of $34.25.

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.