StandardAero (NYSE:SARO) Insider Michael Kaplan Sells 780 Shares of Stock

StandardAero, Inc. (NYSE:SARO) insider Michael Kaplan sold 780 shares of the company’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $21.24, for a total transaction of $16,567.20. Following the completion of the sale, the insider directly owned 2,161 shares in the company, valued at approximately $45,899.64. The trade was a 26.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

StandardAero Price Performance

NYSE:SARO traded up $0.29 during mid-day trading on Friday, hitting $21.28. The company’s stock had a trading volume of 4,971,402 shares, compared to its average volume of 4,078,657. The company has a market capitalization of $7.04 billion, a price-to-earnings ratio of 21.94 and a beta of 0.91. The company has a current ratio of 2.13, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84. StandardAero, Inc. has a fifty-two week low of $19.56 and a fifty-two week high of $34.48. The stock has a fifty day moving average of $23.57 and a 200-day moving average of $25.87.

StandardAero (NYSE:SARO) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the business earned $0.20 earnings per share. The company’s quarterly revenue was up 4.6% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, equities analysts forecast that StandardAero, Inc. will post 1.50 EPS for the current fiscal year.

Institutional Trading of StandardAero

Hedge funds have recently modified their holdings of the company. Carlyle Group Inc. acquired a new position in shares of StandardAero in the 2nd quarter worth approximately $2,529,998,000. BlackRock Inc. bought a new stake in StandardAero during the 2nd quarter worth approximately $646,128,000. Jupiter Topco LLC acquired a new stake in StandardAero during the 2nd quarter valued at $366,857,000. Bank of America Corp DE acquired a new stake in StandardAero during the 2nd quarter valued at $178,878,000. Finally, Findlay Park Partners LLP acquired a new stake in StandardAero during the 2nd quarter valued at $150,523,000.

Analyst Ratings Changes

SARO has been the subject of several analyst reports. Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Susquehanna reiterated a “negative” rating on shares of StandardAero in a research report on Thursday, October 1st. Morgan Stanley set a $33.00 price objective on StandardAero in a research note on Monday, August 10th. Guggenheim initiated coverage on StandardAero in a research note on Monday, September 14th. They set a “neutral” rating for the company. Finally, Weiss Ratings cut StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a report on Friday, September 11th. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

StandardAero Company Profile

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company serving commercial aviation, business aviation, general aviation, military and government customers. The company provides services designed to maintain, repair, overhaul and extend the operating life of aircraft and their components.

Its offerings include engine maintenance and overhaul, airframe services, avionics and electrical work, landing-gear and component support, engineering, and parts and logistics services.