StandardAero Set to Join S&P MidCap 400

Rhea-AI Summary

StandardAero (NYSE: SARO) will join the S&P MidCap 400 prior to market open on Jan 22, 2026, replacing Frontier Communications Parent (NASD: FYBR). The change was announced by S&P Dow Jones Indices and appears in the index reconstitution table as an addition for Industrials.

The release also notes Verizon (NYSE: VZ) is acquiring Frontier in a deal expected to close soon, pending final conditions.

Positive

• SARO added to S&P MidCap 400 effective Jan 22, 2026
• Index inclusion may increase passive fund demand for SARO shares

Negative

• FYBR deleted from S&P MidCap 400 effective Jan 22, 2026

Key Figures

Index effective date: Jan 22, 2026 S&P MidCap 400: 400 Shares registered for resale: 187,137,524 shares +5 more

8 metrics

Index effective date Jan 22, 2026 Date SARO added to S&P MidCap 400

S&P MidCap 400 400 Index SARO joins

Shares registered for resale 187,137,524 shares Common stock registered under S-3ASR shelf

Shares outstanding 334,468,298 shares Common stock outstanding as of Jan 16, 2026

Current price $27.84 Price before index inclusion takes effect

1-day move 2.54% Price change in last 24 hours

52-week high $34.48 Pre-news 52-week high

52-week low $23.91 Pre-news 52-week low

Market Reality Check

Price: $26.76 Vol: Volume 5,240,798 vs 20-da...

normal vol

$26.76 Last Close

Volume Volume 5,240,798 vs 20-day average 3,900,088 (relative volume 1.34x). normal

Technical Price at 27.84, trading slightly below 200-day MA of 28.33 ahead of index inclusion.

Peers on Argus

Sector peers in Aerospace & Defense such as CAE, LOAR, HXL, SPR, and ACHR all sh...

Sector peers in Aerospace & Defense such as CAE, LOAR, HXL, SPR, and ACHR all show positive moves (from +0.50% to +3.83%), but no names appeared on the momentum scanner, suggesting SARO’s index-add reaction is more stock-specific than a flagged sector-wide move.

Historical Context

5 past events · Latest: Mar 31 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Mar 31	Leadership change	Positive	+2.4%	Appointed Giovanni Spitale as President of Business Aviation.
Mar 11	Commercial win	Positive	-0.5%	Named preferred MRO provider for Robinson R66 RR300 engines.
Mar 05	MRO agreement	Positive	-2.8%	Signed GTA with AviLease for LEAP and CFM56-7B MRO services.
Feb 25	Earnings results	Positive	-3.2%	Reported record 2025 revenue, EBITDA and issued 2026 guidance.
Feb 11	Earnings schedule	Neutral	-2.6%	Announced Q4 and full-year 2025 earnings release and call date.

Pattern Detected

Recent history shows SARO often trading lower on operational and earnings positives, with a notable selloff after record 2025 results and guidance, while leadership news has coincided with gains.

Recent Company History

Over the last few months, SARO reported record 2025 results on Feb 25, 2026 with strong growth and guidance, yet the stock fell 3.17%. Earlier earnings-related scheduling news on Feb 11, 2026 also saw a 2.64% decline. Commercial wins, including an AviLease MRO agreement on Mar 5, 2026 and an R66 preferred MRO selection on Mar 11, 2026, were followed by modest declines. By contrast, the appointment of a new Business Aviation president on Mar 31, 2026 coincided with a 2.42% gain. Today’s index-addition news fits into a period of active strategic and capital-markets developments.

Regulatory & Risk Context

Active S-3 Shelf

Shelf Active

Active S-3 Shelf Registration 2026-01-27

An effective S-3ASR shelf dated Jan 27, 2026 registers 187,137,524 existing shares for potential resale by Carlyle, GIC and other holders. The company is not issuing new shares and will not receive proceeds, but the shelf facilitates secondary sales that could add supply from these stockholders over time.

Market Pulse Summary

This announcement places SARO into the S&P MidCap 400 effective Jan 22, 2026, potentially increasing...

Analysis

This announcement places SARO into the S&P MidCap 400 effective Jan 22, 2026, potentially increasing visibility with index and benchmarked investors. It comes on the heels of record 2025 results, active strategic agreements, and leadership changes. An effective S-3ASR registering 187,137,524 existing shares highlights ongoing secondary-supply capacity from large shareholders. Investors may monitor subsequent secondary offerings, index-related flows, and execution versus the company’s recent growth trajectory.

Key Terms

s&p midcap 400, s&p 500, s&p 100, gics sector

4 terms

s&p midcap 400 financial

"StandardAero Inc. (NYSE: SARO) will replace Frontier Communications Parent Inc. (NASD: FYBR) in the S&P MidCap 400 effective prior"

The S&P MidCap 400 is a group of 400 companies that are smaller than the big, well-known corporations but larger than tiny startups. It helps investors see how medium-sized companies are performing in the stock market, acting like a barometer for this middle-sized group of businesses.

s&p 500 financial

"S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE: VZ) is acquiring Frontier"

The S&P 500 is a broad stock market index that tracks the performance of 500 large U.S. companies, weighted so bigger firms have a larger impact. Investors use it like a thermometer or benchmark to judge how the overall U.S. stock market or a portfolio is doing; movements in the index influence investor sentiment, fund performance, and many passive investment products that aim to match its returns.

s&p 100 financial

"S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE: VZ) is acquiring Frontier"

The S&P 100 is a stock market index that tracks the shares of 100 large, well‑established U.S. companies selected for size and ease of trading; think of it as a basket representing the biggest, most widely traded American firms. Investors use it as a quick read on how large‑cap, blue‑chip stocks are performing and as a benchmark for funds and derivatives; like checking the temperature of the largest businesses, movements in the index can influence portfolio choices and risk management.

gics sector financial

"Jan 22, 2026 | S&P MidCap 400 | Addition | StandardAero | SARO | Industrials"

GICS sector is one of the major industry groupings from the Global Industry Classification Standard, a system that sorts companies into consistent categories (like Technology or Health Care) based on the primary business they do. Investors use these sectors like folders in a filing cabinet to compare companies, build diversified portfolios, and track how whole parts of the market are performing rather than focusing on single stocks.

AI-generated analysis. Not financial advice.

NEW YORK, Jan. 16, 2026 /PRNewswire/ -- StandardAero Inc. (NYSE: SARO) will replace Frontier Communications Parent Inc. (NASD: FYBR) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, January 22. S&P 500 & S&P 100 constituent Verizon Communications Inc. (NYSE: VZ) is acquiring Frontier Communications Parent in a deal expected to close soon pending final conditions.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date	Index Name	Action	Company Name	Ticker	GICS Sector
Jan 22, 2026	S&P MidCap 400	Addition	StandardAero	SARO	Industrials
Jan 22, 2026	S&P MidCap 400	Deletion	Frontier Communications Parent	FYBR	Communication Services

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/.

FOR MORE INFORMATION:

S&P Dow Jones Indices
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Media Inquiries
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View original content:https://www.prnewswire.com/news-releases/standardaero-set-to-join-sp-midcap-400-302663810.html

SOURCE S&P Dow Jones Indices

FAQ

When will StandardAero (SARO) officially join the S&P MidCap 400?

SARO will join the S&P MidCap 400 effective prior to the open on Jan 22, 2026. According to S&P Dow Jones Indices, the addition replaces Frontier Communications Parent (FYBR) in the index reconstitution.

What does SARO joining the S&P MidCap 400 mean for shareholders?

Index inclusion often increases passive buying and liquidity for affected stocks. According to S&P Dow Jones Indices, SARO's entry could attract funds that track the MidCap 400, potentially raising trading volume and visibility.

Which company is being removed from the S&P MidCap 400 on Jan 22, 2026?

Frontier Communications Parent (NASDAQ: FYBR) will be deleted from the S&P MidCap 400 on Jan 22, 2026. According to S&P Dow Jones Indices, FYBR is the listed deletion in the index update table.

Will the Verizon (VZ) acquisition of Frontier affect the S&P index change?

The index change is independent but related: SARO replaces FYBR ahead of market open on Jan 22, 2026. According to S&P Dow Jones Indices, Verizon's planned acquisition of Frontier is expected to close soon, pending final conditions.

How should investors track the SARO addition to the MidCap 400 on Jan 22, 2026?

Monitor pre-market notices and fund rebalancing on Jan 22, 2026 for SARO inclusion. According to S&P Dow Jones Indices, the effective date is before the market open, so funds may execute trades at the open.

Does SARO's S&P MidCap 400 addition change its GICS sector classification?

No sector change is indicated: SARO is listed under the Industrials GICS sector in the Jan 22, 2026 table. According to S&P Dow Jones Indices, the addition keeps SARO classified as Industrials.