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

Effective index date: January 22, 2026

1 metrics

Effective index date January 22, 2026 Date StandardAero enters S&P MidCap 400 and FYBR is removed

Market Reality Check

Price: $442.57 Vol: Volume 1,777,133 is sligh...

normal vol

$442.57 Last Close

Volume Volume 1,777,133 is slightly below the 20-day average of 1,944,381, indicating typical trading activity ahead of this index-change notice. normal

Technical Shares at $430.08 are trading below the 200-day moving average of $496.22, reflecting a weaker longer-term trend despite today’s gain of 3.53%.

Peers on Argus

Key peers in financial data and exchanges also showed gains today: MCO up 3.37%,...

1 Up

Key peers in financial data and exchanges also showed gains today: MCO up 3.37%, MSCI up 3.11%, NDAQ up 4.08%, ICE up 2.39%, and CME up 1.17%. Momentum scanner data only flagged COIN, suggesting broader sector strength but not a coordinated momentum event for this group.

Common Catalyst Only one peer, ICE, had same-day news (a correction notice), suggesting no unified news-driven sector catalyst.

Historical Context

5 past events · Latest: Apr 07 (Positive)

Pattern 5 events

Date	Event	Sentiment	Move	Catalyst
Apr 07	Employee benefits update	Positive	+1.6%	SPGI matching federal child savings contributions for eligible employees’ families.
Apr 07	Index inclusion change	Positive	+1.6%	Diebold Nixdorf addition to S&P SmallCap 600 replacing Sealed Air.
Apr 07	Product launch	Positive	-0.9%	CARFAX Future Reliability feature using extensive data for vehicle dependability.
Apr 06	Management change	Positive	+0.7%	Appointment of Chief Accounting Officer for planned Mobility spinoff.
Apr 02	Index inclusion change	Positive	+0.7%	Atmus Filtration added to S&P SmallCap 600, replacing Air Lease.

Pattern Detected

Recent SPGI-related announcements, especially index changes and corporate initiatives, have more often seen share-price moves that align positively with the news than diverge.

Recent Company History

Over recent months, SPGI news has centered on index changes, product innovation and corporate developments. Announcements on index inclusions (Diebold Nixdorf, Atmus Filtration Technologies) and benefits enhancements or leadership appointments generally coincided with positive 24-hour moves of up to about 1.6%. A CARFAX product launch drew a modest negative reaction of -0.93%. Today’s index-change update for StandardAero fits within this pattern of SPGI’s index business driving steady, incremental reactions rather than outsized volatility.

Market Pulse Summary

This announcement highlights ongoing activity in S&P Dow Jones Indices, with StandardAero joining th...

Analysis

This announcement highlights ongoing activity in S&P Dow Jones Indices, with StandardAero joining the S&P MidCap 400 on January 22, 2026 and Frontier Communications Parent exiting following its pending acquisition. For SPGI, this fits a pattern of steady index-related updates alongside prior index additions and product launches. Investors may watch how such index changes contribute to SPGI’s broader index franchise alongside recent corporate and governance developments.

Key Terms

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

4 terms

s&p midcap 400 technical

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

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 technical

"S&P 500 & S&P 100 constituent Verizon Communications Inc."

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 technical

"S&P 500 & S&P 100 constituent Verizon Communications Inc."

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 technical

"Ticker | GICS Sector Jan 22, 2026 | S&P MidCap 400 | Addition"

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
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

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.