StandardAero (NYSE:SARO) CEO Sells $1,256,800.00 in Stock

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $31.42, for a total transaction of $1,256,800.00. Following the transaction, the chief executive officer directly owned 315,986 shares of the company’s stock, valued at $9,928,280.12. This trade represents a 11.24% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Tuesday, August 4th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.24, for a total transaction of $1,209,600.00.
• On Monday, August 3rd, Russell Wayne Ford sold 10,969 shares of StandardAero stock. The shares were sold at an average price of $30.04, for a total transaction of $329,508.76.
• On Monday, July 6th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00.
• On Wednesday, July 1st, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.23, for a total value of $1,209,200.00.

StandardAero Trading Down 2.4%

StandardAero stock traded down $0.71 during midday trading on Friday, reaching $29.29. The stock had a trading volume of 6,297,743 shares, compared to its average volume of 4,158,879. StandardAero, Inc. has a twelve month low of $23.83 and a twelve month high of $34.48. The stock has a market capitalization of $9.74 billion, a PE ratio of 33.28 and a beta of 0.92. 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 stock’s 50-day simple moving average is $27.91 and its 200 day simple moving average is $28.02.

StandardAero (NYSE:SARO) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.40 EPS for the quarter, topping the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The firm’s revenue was up 4.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Analysts expect that StandardAero, Inc. will post 1.42 EPS for the current year.

Wall Street Analyst Weigh In

Several research analysts recently commented on the stock. Canadian Imperial Bank of Commerce restated an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a report on Friday, May 8th. Royal Bank Of Canada dropped their price objective on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Morgan Stanley set a $31.00 target price on shares of StandardAero in a research note on Wednesday, July 15th. Jefferies Financial Group lowered shares of StandardAero from a “buy” rating to a “hold” rating and reduced their target price for the company from $34.00 to $30.00 in a report on Tuesday, June 2nd. Finally, UBS Group reaffirmed a “buy” rating and set a $36.00 price target on shares of StandardAero in a research report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $34.17.

Hedge Funds Weigh In On StandardAero

A number of institutional investors have recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in StandardAero during the 2nd quarter valued at approximately $646,128,000. Norges Bank purchased a new position in shares of StandardAero during the 4th quarter valued at approximately $217,655,000. Allspring Global Investments Holdings LLC grew its position in shares of StandardAero by 42.8% during the first quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock worth $395,890,000 after buying an additional 4,523,693 shares in the last quarter. Price T Rowe Associates Inc. MD grew its position in shares of StandardAero by 33.8% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock worth $401,525,000 after buying an additional 3,540,167 shares in the last quarter. Finally, Victory Capital Management Inc. increased its stake in shares of StandardAero by 175.8% in the fourth quarter. Victory Capital Management Inc. now owns 5,040,723 shares of the company’s stock worth $144,568,000 after buying an additional 3,212,827 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.