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 business’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 value of $1,256,800.00. Following the transaction, the chief executive officer owned 315,986 shares in the company, valued at $9,928,280.12. The trade was a 11.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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 stock was sold at an average price of $30.24, for a total value 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 value 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 transaction 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 transaction of $1,209,200.00.

StandardAero Price Performance

Shares of SARO traded down $0.71 during trading hours on Friday, reaching $29.29. The company had a trading volume of 6,297,743 shares, compared to its average volume of 4,158,879. The company has a current ratio of 2.12, a quick ratio of 1.59 and a debt-to-equity ratio of 0.81. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. The firm has a 50 day simple moving average of $27.91 and a 200-day simple moving average of $28.02. The company has a market capitalization of $9.74 billion, a price-to-earnings ratio of 33.28 and a beta of 0.92.

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

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in SARO. BlackRock Inc. acquired a new position in StandardAero in the second quarter valued at $646,128,000. Allspring Global Investments Holdings LLC grew its holdings in StandardAero by 42.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock valued at $395,890,000 after buying an additional 4,523,693 shares during the period. Price T Rowe Associates Inc. MD grew its holdings in StandardAero by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after buying an additional 3,540,167 shares during the period. Janus Henderson Group PLC increased its stake in shares of StandardAero by 7.3% during the 1st quarter. Janus Henderson Group PLC now owns 12,040,337 shares of the company’s stock valued at $311,002,000 after acquiring an additional 816,276 shares during the last quarter. Finally, T. Rowe Price Investment Management Inc. increased its stake in shares of StandardAero by 11.1% during the 4th quarter. T. Rowe Price Investment Management Inc. now owns 11,984,551 shares of the company’s stock valued at $343,717,000 after acquiring an additional 1,194,488 shares during the last quarter.

Analyst Upgrades and Downgrades

Several research firms have weighed in on SARO. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. UBS Group reiterated a “buy” rating and issued a $36.00 price target on shares of StandardAero in a research report on Friday. Jefferies Financial Group cut shares of StandardAero from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Morgan Stanley set a $31.00 target price on StandardAero in a research note on Wednesday, July 15th. Finally, Royal Bank Of Canada lowered their target price on StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.17.

About StandardAero

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.