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

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction that occurred on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the sale, the chief executive officer directly owned 486,955 shares of the company’s stock, valued at $14,822,910.20. This represents a 7.59% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.

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

• On Wednesday, July 1st, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.23, for a total value of $1,209,200.00.
• On Thursday, April 16th, Russell Wayne Ford sold 10,638 shares of StandardAero stock. The stock was sold at an average price of $27.36, for a total value of $291,055.68.

StandardAero Trading Down 0.2%

Shares of StandardAero stock opened at $28.09 on Friday. The company has a market capitalization of $9.34 billion, a P/E ratio of 31.92 and a beta of 0.91. The stock has a fifty day simple moving average of $26.98 and a 200 day simple moving average of $28.27. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. 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 (NYSE:SARO) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.03. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The business had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.49 billion. During the same period last year, the business earned $0.19 EPS. The business’s revenue was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, sell-side analysts anticipate that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on SARO shares. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a research report on Friday, May 8th. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Jefferies Financial Group downgraded StandardAero from a “buy” rating to a “hold” rating and cut their target price for the stock from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Morgan Stanley decreased their price target on StandardAero from $35.00 to $34.00 and set an “equal weight” rating for the company in a research report on Tuesday, May 12th. Finally, UBS Group upgraded StandardAero from a “neutral” rating to a “buy” rating and dropped their price target for the stock from $35.00 to $34.00 in a report on Monday, May 11th. Two research 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 company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $34.25.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of SARO. Cerity Partners LLC raised its holdings in shares of StandardAero by 0.6% in the 2nd quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after purchasing an additional 416 shares during the period. Royal Bank of Canada grew its holdings in StandardAero by 0.3% during the first quarter. Royal Bank of Canada now owns 161,325 shares of the company’s stock valued at $4,167,000 after purchasing an additional 448 shares during the period. Comerica Bank purchased a new stake in StandardAero in the first quarter worth $26,000. GAMMA Investing LLC increased its position in StandardAero by 54.6% in the second quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock worth $90,000 after buying an additional 1,060 shares during the last quarter. Finally, US Bancorp DE raised its stake in shares of StandardAero by 46.4% in the third quarter. US Bancorp DE now owns 4,506 shares of the company’s stock valued at $123,000 after buying an additional 1,428 shares during the period.

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.