Jupiter Topco LLC Buys New Position in StandardAero, Inc. $SARO

Jupiter Topco LLC purchased a new stake in StandardAero, Inc. (NYSE:SARO) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 12,265,391 shares of the company’s stock, valued at approximately $366,857,000.

Several other institutional investors have also added to or reduced their stakes in SARO. Carlyle Group Inc. acquired a new position in shares of StandardAero during the second quarter valued at about $2,529,998,000. Vulcan Value Partners LLC acquired a new stake in StandardAero in the 4th quarter worth approximately $13,618,000. Trinity Street Asset Management LLP acquired a new stake in StandardAero in the 1st quarter worth approximately $25,692,000. BlackRock Inc. acquired a new position in StandardAero during the 2nd quarter valued at approximately $646,128,000. Finally, M.D. Sass LLC raised its holdings in shares of StandardAero by 69.5% in the fourth quarter. M.D. Sass LLC now owns 1,991,537 shares of the company’s stock worth $57,117,000 after buying an additional 816,573 shares during the last quarter.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the stock. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $39.00 price objective on shares of StandardAero in a report on Friday, May 8th. Zacks Research lowered StandardAero from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 12th. UBS Group lifted their price target on StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, Susquehanna cut their price objective on StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a report on Monday, May 11th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $34.77.

Insider Buying and Selling

In related news, CEO Russell Wayne Ford sold 20,413 shares of the firm’s stock in a transaction dated Friday, August 7th. The stock was sold at an average price of $30.56, for a total transaction of $623,821.28. Following the sale, the chief executive officer directly owned 295,573 shares of the company’s stock, valued at $9,032,710.88. This trade represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 191,423 shares of company stock worth $5,847,760 over the last quarter. 2.10% of the stock is owned by company insiders.

StandardAero Trading Up 1.8%

NYSE SARO opened at $25.02 on Wednesday. The company has a market capitalization of $8.28 billion, a PE ratio of 25.80 and a beta of 0.92. The company has a fifty day moving average of $28.11 and a 200 day moving average of $27.58. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.13 and a quick ratio of 1.59.

StandardAero (NYSE:SARO) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, topping the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The firm’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same period last year, the firm earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Research analysts forecast that StandardAero, Inc. will post 1.51 earnings per share for the current 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.