Russell Wayne Ford Sells 10,969 Shares of StandardAero (NYSE:SARO) Stock

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 10,969 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $30.04, for a total transaction of $329,508.76. Following the completion of the sale, the chief executive officer owned 435,986 shares of the company’s stock, valued at approximately $13,097,019.44. This trade represents a 2.45% decrease in their position. The sale was disclosed in a filing 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 transaction of $1,209,600.00.
• 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 shares were sold at an average price of $30.23, for a total transaction of $1,209,200.00.

StandardAero Stock Up 0.6%

StandardAero stock traded up $0.19 during mid-day trading on Wednesday, hitting $30.87. The company’s stock had a trading volume of 3,638,071 shares, compared to its average volume of 4,141,569. StandardAero, Inc. has a 52-week low of $23.83 and a 52-week high of $34.48. The company has a market cap of $10.26 billion, a PE ratio of 35.08 and a beta of 0.92. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59. The firm’s 50 day moving average is $27.81 and its 200 day moving average is $28.05.

StandardAero (NYSE:SARO) last released its earnings results 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. The company had revenue of $1.63 billion for the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The business’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, analysts anticipate that StandardAero, Inc. will post 1.42 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on SARO. Morgan Stanley set a $31.00 price objective on shares of StandardAero in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and issued a $39.00 price target on shares of StandardAero in a research note on Friday, May 8th. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and cut their price objective for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Finally, Royal Bank Of Canada reduced their price objective on StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.00.

Institutional Trading of StandardAero

A number of large investors have recently bought and sold shares of SARO. Oppenheimer Asset Management Inc. acquired a new position in shares of StandardAero in the 2nd quarter worth approximately $698,000. Handelsbanken Fonder AB increased its holdings in StandardAero by 32.0% during the 2nd quarter. Handelsbanken Fonder AB now owns 76,700 shares of the company’s stock valued at $2,294,000 after purchasing an additional 18,600 shares in the last quarter. GAMMA Investing LLC increased its holdings in StandardAero by 54.6% during the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock valued at $90,000 after purchasing an additional 1,060 shares in the last quarter. Pacer Advisors Inc. bought a new position in StandardAero in the 1st quarter valued at $579,000. Finally, NewEdge Advisors LLC bought a new position in StandardAero in the 1st quarter valued at $383,000.

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.