StandardAero (NYSE:SARO – Get Free Report) had its price target cut by investment analysts at Susquehanna from $37.00 to $34.00 in a report released on Thursday, Benzinga reports. The brokerage presently has a “positive” rating on the stock. Susquehanna’s target price would suggest a potential upside of 59.21% from the stock’s current price.
Several other equities research analysts have also issued reports on the stock. Morgan Stanley set a $33.00 target price on shares of StandardAero in a report on Monday, August 10th. JPMorgan Chase & Co. upped their price target on shares of StandardAero from $38.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Sanford C. Bernstein reissued an “outperform” rating on shares of StandardAero in a research report on Monday, August 24th. UBS Group raised their price objective on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, August 7th. Finally, Guggenheim assumed coverage on StandardAero in a research report on Monday, September 14th. They set a “neutral” rating for the company. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, StandardAero currently has an average rating of “Moderate Buy” and a consensus target price of $34.08.
View Our Latest Analysis on StandardAero
StandardAero Price Performance
StandardAero (NYSE:SARO – Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, beating the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.StandardAero’s quarterly revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Equities analysts expect that StandardAero will post 1.5 EPS for the current year.
Insider Activity at StandardAero
In other news, CEO Russell Ford sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The shares were 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 approximately $9,928,280.12. This trade represents a 11.24% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 151,423 shares of company stock worth $4,638,560 over the last 90 days. Company insiders own 2.10% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of SARO. Carlyle Group Inc. bought a new position in shares of StandardAero during the 2nd quarter worth $2,529,998,000. BlackRock Inc. bought a new stake in shares of StandardAero in the second quarter valued at about $646,128,000. Jupiter Topco LLC bought a new stake in shares of StandardAero in the second quarter valued at about $366,857,000. Bank of America Corp DE purchased a new stake in StandardAero in the second quarter worth about $178,878,000. Finally, Findlay Park Partners LLP purchased a new stake in StandardAero in the second quarter worth about $150,523,000.
About StandardAero
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.
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