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

StandardAero, Inc. (NYSE:SAROGet Free Report) CEO Russell Wayne Ford sold 40,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $30.23, for a total value of $1,209,200.00. Following the transaction, the chief executive officer owned 566,955 shares of the company’s stock, valued at approximately $17,139,049.65. This represents a 6.59% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • 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 transaction of $291,055.68.

StandardAero Stock Up 2.7%

Shares of SARO traded up $0.80 during mid-day trading on Monday, hitting $30.91. 3,700,068 shares of the company’s stock were exchanged, compared to its average volume of 4,308,385. The company has a market cap of $10.28 billion, a price-to-earnings ratio of 35.13 and a beta of 0.91. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48. The company has a debt-to-equity ratio of 0.81, a quick ratio of 1.59 and a current ratio of 2.12. The stock’s 50-day moving average is $26.59 and its 200-day moving average is $28.23.

StandardAero (NYSE:SAROGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, beating analysts’ consensus estimates of $0.30 by $0.03. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the previous year, the business posted $0.19 earnings per share. The business’s quarterly revenue was up 13.3% compared to the same quarter last year. 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.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. Comerica Bank purchased a new position in shares of StandardAero during the first quarter valued at approximately $26,000. Royal Bank of Canada lifted its position in StandardAero by 418.8% during the first quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock worth $3,682,000 after buying an additional 111,617 shares during the period. AQR Capital Management LLC purchased a new position in StandardAero during the first quarter worth about $521,000. Goldman Sachs Group Inc. acquired a new stake in StandardAero in the 1st quarter worth about $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in StandardAero in the 1st quarter valued at about $12,343,000.

Analyst Ratings Changes

Several research firms have recently issued reports on SARO. BTIG Research initiated coverage on shares of StandardAero in a research report on Thursday, April 2nd. They set a “buy” rating and a $35.00 price objective for the company. Wall Street Zen downgraded StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and lowered their price target for the stock from $34.00 to $30.00 in a report on Tuesday, June 2nd. Truist Financial raised shares of StandardAero to a “strong-buy” rating in a research note on Friday, May 1st. Finally, UBS Group upgraded shares of StandardAero from a “neutral” rating to a “buy” rating and reduced their price objective for the company from $35.00 to $34.00 in a research report on Monday, May 11th. Two research analysts have rated the stock with a Strong Buy rating, six have given a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $34.25.

Check Out Our Latest Stock Report on SARO

StandardAero Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for StandardAero (NYSE:SARO)

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