Standardaero sees $22.6 million stock sale by GIC Private Ltd

Published 30/05/2025, 22:00
Standardaero sees $22.6 million stock sale by GIC Private Ltd

In a recent filing with the Securities and Exchange Commission, StandardAero, Inc. (NASDAQ:SARO) reported that GIC Private Ltd, along with its affiliates GIC Special Investments Pte Ltd and Hux Investment Pte. Ltd., executed a significant sale of shares. The transaction, dated May 29, 2025, involved the sale of 828,729 shares of StandardAero’s common stock at a price of $27.3 per share, totaling approximately $22.6 million. The stock currently trades at $29.31, representing a 7.4% premium to the transaction price. With a market capitalization of $9.7 billion, StandardAero has shown strong momentum with a 17.2% year-to-date return, according to InvestingPro data.

Post-transaction, the group holds 34,463,633 shares. The securities are primarily owned by Hux Investment Pte. Ltd., with shared voting and disposal rights held by GIC Special Investments and GIC Private Ltd. These entities, all based in Singapore, manage investments on behalf of the Singapore government, which disclaims beneficial ownership of the securities. InvestingPro analysis shows the company maintains strong liquidity with a current ratio of 2.0 and operates with moderate debt levels. For deeper insights into StandardAero’s financial health and valuation metrics, investors can access the comprehensive Pro Research Report, available exclusively to InvestingPro subscribers.

In other recent news, StandardAero Inc. has reported strong financial results for the first quarter of 2025, with revenue reaching $1.4 billion, a 16% increase compared to the previous year. The company’s net income surged to $63 million from $3 million in the prior year, and its adjusted EBITDA margin improved to 13.8%. StandardAero has also expanded its service offerings for LEAP engines, providing lease engines to support Airbus A320neo and Boeing (NYSE:BA) 737 MAX operators globally. This expansion aims to reduce aircraft downtime during maintenance periods. In a separate development, StandardAero announced that affiliates of The Carlyle Group (NASDAQ:CG) Inc. and GIC plan to sell 30 million shares of the company in a secondary offering. UBS analyst Gavin Parsons (NYSE:PSN) has raised the price target for StandardAero to $30, maintaining a Neutral rating, citing the company’s ability to expand margins and achieve organic growth. Parsons noted that while the company is performing well, the growth trajectory requires significant cash investment, which may dilute margins. These recent developments reflect StandardAero’s strategic initiatives and market positioning in the aerospace industry.

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