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

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the transaction, the chief executive officer directly owned 606,955 shares in the company, valued at $18,263,275.95. The trade was a 6.18% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, February 4th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.12, for a total value of $1,204,800.00.
• On Monday, February 2nd, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.47, for a total value of $1,218,800.00.
• On Wednesday, January 7th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.24, for a total value of $1,209,600.00.
• On Monday, January 5th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.18, for a total value of $1,207,200.00.

StandardAero Stock Down 1.4%

SARO stock opened at $28.89 on Friday. StandardAero, Inc. has a fifty-two week low of $21.31 and a fifty-two week high of $34.48. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.20 and a quick ratio of 1.57. The stock has a market capitalization of $9.61 billion, a price-to-earnings ratio of 34.81 and a beta of 1.02. The business’s fifty day moving average price is $30.91 and its two-hundred day moving average price is $28.42.

StandardAero (NYSE:SARO) last announced its earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.24. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. The company had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same quarter in the previous year, the business posted ($0.04) earnings per share. StandardAero’s quarterly revenue was up 13.5% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. On average, equities analysts anticipate that StandardAero, Inc. will post 0.29 earnings per share for the current year.

StandardAero announced that its board has initiated a share buyback plan on Wednesday, December 10th that allows the company to repurchase $450.00 million in shares. This repurchase authorization allows the company to buy up to 5% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Wall Street Analyst Weigh In

Several research analysts have recently commented on SARO shares. Sanford C. Bernstein reaffirmed an “outperform” rating and set a $39.00 target price on shares of StandardAero in a report on Tuesday, February 24th. Bank of America reduced their price target on StandardAero from $33.00 to $30.00 and set a “neutral” rating on the stock in a research report on Friday, November 14th. Royal Bank Of Canada restated an “outperform” rating and set a $37.00 price objective on shares of StandardAero in a research note on Thursday, January 29th. UBS Group lifted their price objective on StandardAero from $34.00 to $35.00 and gave the company a “neutral” rating in a report on Thursday, February 26th. Finally, Susquehanna set a $38.00 target price on StandardAero in a research report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, StandardAero currently has an average rating of “Moderate Buy” and an average price target of $34.67.

Institutional Trading of StandardAero

A number of hedge funds have recently made changes to their positions in the company. Comerica Bank acquired a new position in shares of StandardAero in the first quarter valued at approximately $26,000. State of Wyoming bought a new stake in StandardAero during the 3rd quarter worth approximately $27,000. First Horizon Advisors Inc. grew its holdings in StandardAero by 100.4% during the 2nd quarter. First Horizon Advisors Inc. now owns 1,016 shares of the company’s stock worth $32,000 after acquiring an additional 509 shares during the last quarter. First Horizon Corp acquired a new position in StandardAero in the 3rd quarter valued at approximately $34,000. Finally, Aventura Private Wealth LLC bought a new position in shares of StandardAero during the fourth quarter valued at $45,000.

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.