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

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 40,000 shares of StandardAero stock in a transaction on Monday, July 6th. The stock was sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the completion of the transaction, the chief executive officer directly owned 486,955 shares in the company, valued at $14,822,910.20. This represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 shares were sold at an average price of $27.36, for a total transaction of $291,055.68.

StandardAero Price Performance

Shares of SARO opened at $28.20 on Thursday. The firm has a market capitalization of $9.37 billion, a PE ratio of 32.04 and a beta of 0.91. 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 company’s fifty day moving average price is $26.91 and its 200-day moving average price is $28.28. StandardAero, Inc. has a 1-year low of $23.83 and a 1-year high of $34.48.

StandardAero (NYSE:SARO) last issued its earnings results on Thursday, May 7th. The company reported $0.33 EPS for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.StandardAero’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, equities research analysts predict that StandardAero, Inc. will post 1.42 EPS for the current year.

Institutional Trading of StandardAero

Hedge funds and other institutional investors have recently modified their holdings of the business. Vulcan Value Partners LLC purchased a new stake in StandardAero in the fourth quarter valued at approximately $13,618,000. ArrowMark Colorado Holdings LLC lifted its holdings in StandardAero by 45.5% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 2,428,485 shares of the company’s stock worth $66,273,000 after buying an additional 759,694 shares in the last quarter. Allspring Global Investments Holdings LLC boosted its position in StandardAero by 16.4% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock valued at $312,934,000 after buying an additional 1,484,755 shares during the period. Fortress Investment Group LLC increased its position in shares of StandardAero by 35.1% during the third quarter. Fortress Investment Group LLC now owns 945,400 shares of the company’s stock worth $25,800,000 after acquiring an additional 245,400 shares during the period. Finally, Massachusetts Financial Services Co. MA boosted its holdings in StandardAero by 5.5% in the fourth quarter. Massachusetts Financial Services Co. MA now owns 3,465,939 shares of the company’s stock valued at $99,403,000 after purchasing an additional 179,930 shares during the period.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. BTIG Research began coverage on StandardAero in a research note on Thursday, April 2nd. They issued a “buy” rating and a $35.00 price target for the company. Wells Fargo & Company assumed coverage on shares of StandardAero in a research note on Wednesday, April 1st. They set an “overweight” rating and a $32.00 target price for the company. Zacks Research cut StandardAero from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 12th. UBS Group raised shares of StandardAero from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $35.00 to $34.00 in a research note on Monday, May 11th. Finally, Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research report on Monday, June 29th. 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 MarketBeat.com, StandardAero currently has a consensus rating of “Moderate Buy” and an average target price of $34.25.

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.