PenderFund Capital Management Ltd. Makes New Investment in StandardAero, Inc. $SARO

PenderFund Capital Management Ltd. acquired a new position in shares of StandardAero, Inc. (NYSE:SARO) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 81,962 shares of the company’s stock, valued at approximately $2,451,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Comerica Bank acquired a new position in shares of StandardAero in the first quarter valued at $26,000. Optiver Holding B.V. acquired a new stake in StandardAero during the first quarter worth $51,000. Northwestern Mutual Wealth Management Co. bought a new stake in StandardAero in the 2nd quarter valued at $55,000. Danske Bank A S bought a new stake in StandardAero in the 3rd quarter valued at $82,000. Finally, Parallel Advisors LLC increased its holdings in StandardAero by 210.3% in the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock valued at $87,000 after buying an additional 2,067 shares during the period.

Analyst Ratings Changes

SARO has been the subject of a number of analyst reports. Susquehanna reduced their price objective on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a report on Monday, May 11th. Weiss Ratings raised shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. UBS Group increased their price target on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Sanford C. Bernstein reissued an “outperform” rating on shares of StandardAero in a research report on Monday. Finally, Royal Bank Of Canada cut their price target on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $34.77.

StandardAero Stock Down 0.5%

Shares of NYSE SARO opened at $25.04 on Friday. The stock has a market cap of $8.29 billion, a PE ratio of 25.82 and a beta of 0.92. The business has a fifty day moving average of $28.01 and a two-hundred day moving average of $27.51. StandardAero, Inc. has a 52-week low of $23.83 and a 52-week high of $34.48. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13.

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

Insider Transactions at StandardAero

In other StandardAero news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $30.44, for a total value of $1,217,600.00. Following the transaction, the chief executive officer directly owned 486,955 shares in the company, valued at $14,822,910.20. The trade was a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last ninety days, insiders have sold 191,423 shares of company stock worth $5,847,760. Company insiders own 2.10% of the company’s stock.

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.