StandardAero Inc’s filing revealed that its 10% Owner Carlyle Group Inc. unloaded Company’s shares for reported $797.69 million on Mar 27 ’25. In the deal valued at $27.16 per share,29,370,166 shares were sold. As a result of this transaction, Carlyle Group Inc. now holds 180,820,300 shares worth roughly $5.03 billion.
Then, GIC Private Ltd sold 6,629,834 shares, generating $180,066,291 in total proceeds. Upon selling the shares at $27.16, the 10% Owner now owns 40,817,224 shares.
Before that, GIC Private Ltd sold 2,900,552 shares. StandardAero Inc shares valued at $65,958,552 were divested by the 10% Owner at a price of $22.74 per share. As a result of the transaction, GIC Private Ltd now holds 47,447,058 shares, worth roughly $1.32 billion.
Wolfe Research initiated its StandardAero Inc [SARO] rating to an Outperform in a research note published on October 28, 2024; the price target was $34. A number of analysts have revised their coverage, including UBS’s analysts, who began to cover the stock in late October with a ‘”a Neutral”‘ rating. RBC Capital Mkts began covering SARO with “an Outperform” recommendation on October 28, 2024. Morgan Stanley started covering the stock on October 28, 2024. It rated SARO as “an Equal-weight”.
Price Performance Review of SARO
On Friday, StandardAero Inc [NYSE:SARO] saw its stock fall -0.18% to $27.80. Over the last five days, the stock has lost -0.32%. StandardAero Inc shares have risen nearly 12.28% since the year began.
Levels Of Support And Resistance For SARO Stock
The 24-hour chart illustrates a support level at 27.44, which if violated will result in even more drops to 27.08. On the upside, there is a resistance level at 28.15. A further resistance level may holdings at 28.50. The Relative Strength Index (RSI) on the 14-day chart is 59.00, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.69, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 8.72%. Stochastics %K at 86.82% indicates the stock is a selling.
The most recent change occurred on October 28, 2024 when JP Morgan began covering the stock and recommended ‘”an Overweight”‘ rating along with a $36 price target.
