StandardAero (NYSE:SARO) CEO Russell Wayne Ford Sells 40,000 Shares

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $30.23, for a total value of $1,209,200.00. Following the transaction, the chief executive officer directly owned 566,955 shares of the company’s stock, valued at $17,139,049.65. The trade was a 6.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Russell Wayne Ford also recently made the following trade(s):

• On Thursday, April 16th, Russell Wayne Ford sold 10,638 shares of StandardAero stock. The shares were sold at an average price of $27.36, for a total value of $291,055.68.

StandardAero Price Performance

Shares of NYSE:SARO traded up $0.80 during trading on Monday, reaching $30.91. The stock had a trading volume of 3,700,068 shares, compared to its average volume of 4,308,385. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. The business has a fifty day moving average price of $26.59 and a 200-day moving average price of $28.23. The stock has a market cap of $10.28 billion, a PE ratio of 35.13 and a beta of 0.91. StandardAero, Inc. has a 1-year low of $23.83 and a 1-year high of $34.48.

StandardAero (NYSE:SARO) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.33 EPS for the quarter, beating the consensus estimate of $0.30 by $0.03. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The firm had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the prior year, the company earned $0.19 EPS. The firm’s revenue was up 13.3% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, equities analysts forecast that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SARO has been the topic of a number of recent research reports. Susquehanna lowered their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research report on Monday, May 11th. UBS Group raised StandardAero from a “neutral” rating to a “buy” rating and cut their price target for the company from $35.00 to $34.00 in a report on Monday, May 11th. Royal Bank Of Canada reduced their price objective on StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Weiss Ratings raised StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Finally, Jefferies Financial Group cut StandardAero from a “buy” rating to a “hold” rating and dropped their target price for the company from $34.00 to $30.00 in a report on Tuesday, June 2nd. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, StandardAero currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.25.

Institutional Investors Weigh In On StandardAero

Several hedge funds and other institutional investors have recently added to or reduced their stakes in SARO. Vulcan Value Partners LLC purchased a new position in StandardAero during the fourth quarter worth about $13,618,000. ArrowMark Colorado Holdings LLC raised its stake in shares of StandardAero by 45.5% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 2,428,485 shares of the company’s stock valued at $66,273,000 after acquiring an additional 759,694 shares during the period. Dynamic Technology Lab Private Ltd purchased a new stake in shares of StandardAero in the 3rd quarter valued at approximately $1,241,000. Allspring Global Investments Holdings LLC lifted its holdings in shares of StandardAero by 16.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock worth $312,934,000 after acquiring an additional 1,484,755 shares during the last quarter. Finally, Fortress Investment Group LLC lifted its holdings in shares of StandardAero by 35.1% in the 3rd quarter. Fortress Investment Group LLC now owns 945,400 shares of the company’s stock worth $25,800,000 after acquiring an additional 245,400 shares during the last quarter.

StandardAero Company Profile

StandardAero is a global aerospace maintenance, repair and overhaul (MRO) provider specializing in gas turbine engines, auxiliary power units (APUs), airframe components and oil & gas rotating equipment. The company offers a full suite of technical services including engine repair and overhaul, component repair, accessory maintenance, parts manufacturing and on-site field support. Its customer base spans commercial airlines, business and general aviation operators, regional carriers, original equipment manufacturers (OEMs) and defense organizations.

With roots dating back to 1911, StandardAero has grown through strategic acquisitions and organic expansion to become one of the largest independent MRO providers in the industry.