StandardAero (SARO) takes flight with a 9.21% jump and a $350 million buyback plan. PenderFund Capital Management's Global Small Mid Cap Equity Fund returned 1.4% in August 2026, narrowly beating the MSCI World SMID Cap Gross Total Return USD Index's 1.3%. It was a photo finish, but a win still counts. The portfolio allocated 42.7% to US equities, 32.4% to Canadian equities, and 13.5% to international equities. Meanwhile, investors had plenty to keep their blood pressure busy, including inflation readings, rising oil prices, and another round of central bank commentary. Hawkish remarks from Fed Chair Kevin Warsh heightened expectations for a September rate hike, yet US stocks rallied as strong earnings from major technology companies gave the AI trade fresh fuel. Apparently, enthusiasm for artificial intelligence can still compete with anxiety over actual interest rates. Discover more Trade Derivatives Track Stock Market Read Economics Against that backdrop, PenderFund maintained its long-term approach, concentrating on factors within its control as market volatility and the approaching US midterm elections supplied the distractions. Readers can also explore the fund's top five holdings for a closer look at its leading positions in 2026. A copy of Pender Global Small Mid Cap Equity Fund's August 2026 investor letter can be downloaded here. Start Investing In its third quarter 2026 investor letter, PenderFund mentioned StandardAero Inc. (NYSE:SARO). SARO is an aerospace aftermarket services company specializing in aircraft engine maintenance, repair, and overhaul, along with engine component repair. It serves commercial airlines, business aviation operators, and military customers, helping keep aircraft engines operational throughout their service lives. Its business connects engine manufacturers with aircraft operators through ongoing maintenance and technical support. On November 6, 2026, the stock closed at $27.63, an increase of 9.21%, or $2.33, from the previous session. Its market capitalization was approximately $8.91 billion. Here's what PenderFund has to say about StandardAero Inc. (NYSE:SARO): "StandardAero Inc. (SARO) - Was another detractor in the month, despite reporting a solid quarter that came in ahead of Street expectations and management raising full-year guidance. SARO announced a $180MM license expansion with a key OEM partner covering multiple turbofan and turboprop platforms; the company expects the investment to contribute approximately $10MM of incremental adj. EBITDA in 2027, rising to $20MM in 2028 and roughly $25MM annually thereafter. Despite this, the stock sold off in the month, with investors seemingly more focused on the pace of top-line growth and mixed segment performance than the margin and guidance beat. It's also worth noting that, following month-end, CEO Russell Ford announced his retirement after 13 years, with Lead Independent Director Paul McElhinney set to succeed him effective October 1." StandardAero's November 5 earnings release showed third-quarter revenue increasing 4% year over year to $1.557 billion, while net income rose 36.2% to $92.8 million. Adjusted earnings per share increased 30% to $0.39, supported by stronger profitability in its Engine Services business. The company raised its full-year outlook to revenue of $6.525 billion-$6.645 billion and adjusted earnings per share of $1.57-$1.62. It also expanded its total share repurchase authorization to $1 billion and announced plans for a $350 million accelerated share repurchase, pairing its improved earnings outlook with a larger capital-return program. Discover more

StandardAero (NYSE:SARO) issues earnings results. StandardAero (NYSE:SARO - Get Free Report) posted its earnings results on Thursday. The company reported $0.39 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.38 by $0.01, FiscalAI reports. The firm had revenue of $1.56 billion during the quarter, compared to analysts' expectations of $1.56 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The company's revenue was up 4.0% compared to the same quarter last year. During the same period in the previous year, the company earned $0.20 earnings per share. Here are the key takeaways from StandardAero's conference call: * Q3 earnings growth outpaced revenue: Revenue rose 4% to $1.56 billion, while adjusted EBITDA increased 15% and adjusted EPS grew 30%; adjusted EBITDA margin expanded 130 basis points to 14.4%. * 2026 guidance was raised again: StandardAero now expects revenue growth of about 9%, adjusted EBITDA growth of 13%, and adjusted EPS growth of 26%. It maintained adjusted free cash flow guidance of $270 million-$300 million. * Aftermarket demand and visibility remain strong: Management reported no meaningful macro-driven change in bookings or planned engine inductions, with demand visibility extending into 2028. LEAP and CFM56 DFW reached profitability earlier this year, and the company remains on track to exceed $1 billion in annual LEAP revenue by 2030. * Share repurchases are expanding: The company increased its authorization to $1.01 billion and announced a $350 million accelerated repurchase. Management expects year-end net leverage below 2.7 times after the repurchase. * Some near-term margin pressures remain: Delayed military-related inputs and repair activity, particularly on training platforms, weighed on component repair margins. Management also cautioned that Q3's unusually favorable used-serviceable-material contribution may not recur and that rising LEAP and CFM56 DFW volumes could dilute Q4 Engine Services margins. StandardAero stock performance. Shares of SARO stock traded up $2.21 during trading hours on Friday, reaching $27.51. 6,848,326 shares of the company's stock were exchanged, compared to its average volume of 3,432,492. StandardAero has a fifty-two week low of $19.56 and a fifty-two week high of $34.48. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84. The stock has a market capitalization of $9.10 billion, a P/E ratio of 26.20 and a beta of 0.82. The business has a fifty day moving average price of $22.70 and a 200-day moving average price of $26.54. Analyst ratings changes. A number of research firms have recently weighed in on SARO. UBS Group raised their price target on shares of StandardAero from $32.00 to $34.00 and gave the company a "buy" rating in a report on Friday. Royal Bank Of Canada dropped their target price on shares of StandardAero from $34.00 to $32.00 and set an "outperform" rating on the stock in a report on Wednesday, October 28th. Weiss Ratings lowered shares of StandardAero from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, September 11th. Susquehanna restated a "negative" rating on shares of StandardAero in a report on Thursday, October 1st. Finally, Wall Street Zen downgraded StandardAero from a "buy" rating to a "hold" rating in a research report on Sunday, November 1st. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $33.27. StandardAero news roundup. Here are the key news stories impacting StandardAero this week: * UBS raised its price target to $34 from $32 and maintained a Buy rating, implying 23.6% upside from the cited $27.51 price. * Third-quarter adjusted EPS was $0.39, beating the $0.38 consensus and rising 30% year over year. Revenue increased 4% to $1.56 billion, while net income rose 36.2% to $92.8 million. The earnings beat and profit growth may support investor confidence. * A Seeking Alpha contributor said they were cutting their rating after StandardAero had gained 19% since their previous article, signaling a more cautious view after the recent run-up. StandardAero company profile. StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service. Receive News & Ratings for StandardAero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StandardAero and related companies with MarketBeat.com's FREE daily email newsletter.

StandardAero (NYSE:SARO) stock gets price target bump from UBS Group. StandardAero (NYSE:SARO - Get Free Report) had its price objective increased by research analysts at UBS Group from $32.00 to $34.00 in a research report issued to clients and investors on Friday, Benzinga reports. The firm currently has a "buy" rating on the stock. UBS Group's price objective points to a potential upside of 23.60% from the stock's current price. Several other research analysts have also weighed in on SARO. Royal Bank Of Canada cut their target price on StandardAero from $34.00 to $32.00 and set an "outperform" rating on the stock in a research report on Wednesday, October 28th. Weiss Ratings downgraded StandardAero from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, September 11th. Canadian Imperial Bank of Commerce lowered their price target on StandardAero from $38.00 to $35.00 and set an "outperformer" rating for the company in a research report on Monday, October 26th. Morgan Stanley set a $33.00 price target on StandardAero in a research note on Monday, August 10th. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of StandardAero in a report on Monday, August 24th. Two investment 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 company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $33.27. StandardAero trading up 8.7%. Shares of SARO traded up $2.21 during mid-day trading on Friday, hitting $27.51. The company had a trading volume of 6,848,326 shares, compared to its average volume of 4,016,289. The business's 50-day simple moving average is $22.65 and its 200-day simple moving average is $26.56. The company has a quick ratio of 1.59, a current ratio of 2.13 and a debt-to-equity ratio of 0.84. StandardAero has a 1-year low of $19.56 and a 1-year high of $34.48. The stock has a market cap of $9.10 billion, a PE ratio of 28.36 and a beta of 0.82. StandardAero (NYSE:SARO - Get Free Report) last issued its quarterly earnings results on Friday, November 6th. The company reported $0.39 EPS for the quarter, topping the consensus estimate of $0.38 by $0.01. The firm had revenue of $1.56 billion during the quarter, compared to analyst estimates of $1.56 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. StandardAero's revenue for the quarter was up 4.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.20 earnings per share. Sell-side analysts forecast that StandardAero will post 1.50 earnings per share for the current year. Hedge funds weigh in on StandardAero. Several hedge funds and other institutional investors have recently made changes to their positions in SARO. Royal Bank of Canada lifted its holdings in StandardAero by 0.3% during the 1st quarter. Royal Bank of Canada now owns 161,325 shares of the company's stock worth $4,167,000 after buying an additional 448 shares during the last quarter. MassMutual Private Wealth & Trust FSB increased its holdings in shares of StandardAero by 72.7% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company's stock valued at $28,000 after acquiring an additional 543 shares during the last quarter. Signaturefd LLC raised its position in shares of StandardAero by 37.4% during the 3rd quarter. Signaturefd LLC now owns 2,302 shares of the company's stock valued at $49,000 after acquiring an additional 627 shares in the last quarter. Commonwealth Equity Services LLC raised its position in shares of StandardAero by 3.4% during the 3rd quarter. Commonwealth Equity Services LLC now owns 22,734 shares of the company's stock valued at $485,000 after acquiring an additional 748 shares in the last quarter. Finally, GAMMA Investing LLC lifted 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 purchasing an additional 1,060 shares during the last quarter. StandardAero company profile. StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service. Receive News & Ratings for StandardAero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StandardAero and related companies with MarketBeat.com's FREE daily email newsletter.