Swiss National Bank Boosts Stake in StandardAero
The Swiss National Bank has significantly increased its stake in StandardAero, Inc. (NYSE:SARO) by 33.9% during the first quarter. According to a recent disclosure with the Securities and Exchange Commission, the bank acquired an additional 98,700 shares of the company's stock, bringing its total ownership to 390,100 shares. This represents about 0.12% of StandardAero's outstanding shares, valued at $10 million.
The Swiss National Bank's investment in StandardAero is part of a broader trend of institutional investors increasing their stakes in the company. Other notable investors include Vulcan Value Partners LLC, Allspring Global Investments Holdings LLC, Massachusetts Financial Services Co. MA, and Trinity Street Asset Management LLP, all of which have significantly boosted their positions in the company.
StandardAero has experienced significant growth in recent quarters, with revenue increasing by 13.3% year-over-year to $1.63 billion. The company reported earnings per share of $0.33 for the quarter, beating analyst expectations and setting a new record high. StandardAero's management has also provided guidance for FY 2026, targeting EPS of between $1.40 and $1.50.