StandardAero, Inc. (NYSE:SARO – Get Free Report) shares hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as $20.46 and last traded at $20.4640, with a volume of 105856 shares changing hands. The stock had previously closed at $20.94.
Analyst Ratings Changes
A number of research firms have recently commented on SARO. Guggenheim initiated coverage on StandardAero in a report on Monday, September 14th. They set a “neutral” rating for the company. Bank of America reduced their price objective on StandardAero from $35.00 to $27.00 and set a “neutral” rating on the stock in a research note on Thursday, September 17th. Morgan Stanley set a $33.00 target price on StandardAero in a research note on Monday, August 10th. JPMorgan Chase & Co. increased their target price on shares of StandardAero from $38.00 to $40.00 and gave the stock an “overweight” rating in a report on Monday, August 10th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of StandardAero in a research note on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $34.08.
Get Our Latest Stock Report on SARO
StandardAero Stock Down 3.5%
StandardAero (NYSE:SARO – Get Free Report) last released its quarterly earnings data 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 the consensus estimate of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.StandardAero’s revenue for the quarter was up 4.6% on a year-over-year basis. During the same quarter last year, the business posted $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Sell-side analysts expect that StandardAero, Inc. will post 1.5 earnings per share for the current fiscal year.
Insider Buying and Selling
In other StandardAero news, CEO Russell Ford sold 40,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 315,986 shares in the company, valued at approximately $9,928,280.12. This trade represents a 11.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 111,423 shares of company stock valued at $3,420,960 in the last ninety days. 2.10% of the stock is currently owned by company insiders.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in SARO. MassMutual Private Wealth & Trust FSB raised its holdings in StandardAero by 72.7% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company’s stock valued at $28,000 after buying an additional 543 shares during the last quarter. CX Institutional bought a new stake in StandardAero during the 3rd quarter worth approximately $36,000. Northwestern Mutual Wealth Management Co. acquired a new position in StandardAero in the 2nd quarter valued at approximately $55,000. Optiver Holding B.V. acquired a new position in StandardAero in the 1st quarter valued at approximately $51,000. Finally, Nykredit A S bought a new position in shares of StandardAero during the second quarter valued at $65,000.
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.
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