Kirr Marbach & Co. LLC IN Acquires New Shares in StandardAero, Inc. $SARO

Kirr Marbach & Co. LLC IN bought a new stake in StandardAero, Inc. (NYSE:SARO) during the first quarter, HoldingsChannel.com reports. The firm bought 195,513 shares of the company’s stock, valued at approximately $5,050,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Price T Rowe Associates Inc. MD boosted its stake in shares of StandardAero by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after purchasing an additional 3,540,167 shares in the last quarter. T. Rowe Price Investment Management Inc. increased its position in StandardAero by 11.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,984,551 shares of the company’s stock worth $343,717,000 after purchasing an additional 1,194,488 shares in the last quarter. Janus Henderson Group PLC lifted its stake in StandardAero by 11.0% in the 4th quarter. Janus Henderson Group PLC now owns 11,224,061 shares of the company’s stock valued at $321,906,000 after purchasing an additional 1,108,066 shares during the last quarter. Vanguard Group Inc. boosted its position in StandardAero by 0.9% in the third quarter. Vanguard Group Inc. now owns 11,210,370 shares of the company’s stock valued at $305,931,000 after buying an additional 95,801 shares in the last quarter. Finally, Wellington Management Group LLP boosted its position in StandardAero by 5.0% in the fourth quarter. Wellington Management Group LLP now owns 10,867,767 shares of the company’s stock valued at $311,688,000 after buying an additional 522,203 shares in the last quarter.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Truist Financial upgraded shares of StandardAero to a “strong-buy” rating in a report on Friday, May 1st. Wells Fargo & Company assumed coverage on StandardAero in a research report on Wednesday, April 1st. They set an “overweight” rating and a $32.00 price objective on the stock. Weiss Ratings cut StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, May 29th. Morgan Stanley decreased their price target on shares of StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th. Finally, Jefferies Financial Group lowered shares of StandardAero from a “buy” rating to a “hold” rating and cut their price target for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $34.25.

Insider Activity

In related news, COO Kimberly Ernzen sold 2,516 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total transaction of $68,837.76. Following the sale, the chief operating officer owned 6,632 shares in the company, valued at $181,451.52. This represents a 27.50% decrease in their position. The sale was disclosed in a document filed 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, CFO Daniel Satterfield sold 2,306 shares of the firm’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 $63,092.16. Following the sale, the chief financial officer directly owned 6,232 shares of the company’s stock, valued at $170,507.52. 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. In the last 90 days, insiders sold 19,337 shares of company stock worth $529,060. 2.10% of the stock is owned by insiders.

StandardAero Price Performance

StandardAero stock opened at $26.88 on Wednesday. The stock’s 50 day moving average is $26.19 and its 200 day moving average is $28.12. StandardAero, Inc. has a one year low of $23.83 and a one year high of $34.48. The firm has a market cap of $8.94 billion, a P/E ratio of 30.55 and a beta of 0.97. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59.

StandardAero (NYSE:SARO) last released its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.49 billion. During the same quarter in the prior year, the firm posted $0.19 EPS. The company’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. As a group, research analysts expect that StandardAero, Inc. will post 1.42 EPS for the current 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.