StandardAero (NYSE:SARO) CEO Russell Wayne Ford Sells 10,638 Shares

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 10,638 shares of StandardAero stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $27.36, for a total value of $291,055.68. Following the transaction, the chief executive officer owned 14,342 shares in the company, valued at approximately $392,397.12. This represents a 42.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

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

• On Wednesday, March 4th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00.
• On Wednesday, February 4th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.12, for a total transaction of $1,204,800.00.
• On Monday, February 2nd, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.47, for a total value of $1,218,800.00.

StandardAero Stock Up 2.8%

Shares of SARO stock traded up $0.74 during trading on Friday, reaching $26.75. The company’s stock had a trading volume of 2,362,254 shares, compared to its average volume of 3,493,697. The business has a fifty day moving average price of $28.26 and a 200-day moving average price of $28.36. StandardAero, Inc. has a one year low of $23.97 and a one year high of $34.48. The company has a quick ratio of 1.57, a current ratio of 2.20 and a debt-to-equity ratio of 0.82. The company has a market cap of $8.90 billion, a price-to-earnings ratio of 32.23 and a beta of 1.35.

StandardAero (NYSE:SARO) last posted its quarterly earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share for the quarter, hitting the consensus estimate of $0.24. StandardAero had a return on equity of 10.88% and a net margin of 4.58%.The firm had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. During the same quarter in the previous year, the firm earned ($0.04) EPS. The business’s quarterly revenue was up 13.5% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Analysts anticipate that StandardAero, Inc. will post 0.29 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on SARO shares. Sanford C. Bernstein reiterated an “outperform” rating and set a $39.00 target price on shares of StandardAero in a research note on Tuesday, February 24th. BTIG Research initiated coverage on StandardAero in a research report on Thursday, April 2nd. They set a “buy” rating and a $35.00 target price for the company. UBS Group increased their price objective on shares of StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Royal Bank Of Canada restated an “outperform” rating and issued a $37.00 target price on shares of StandardAero in a research report on Thursday, January 29th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of StandardAero in a research report on Monday, December 22nd. Two investment analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $34.70.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Cerity Partners LLC lifted its holdings in shares of StandardAero by 0.6% in the second quarter. Cerity Partners LLC now owns 69,758 shares of the company’s stock worth $2,208,000 after acquiring an additional 416 shares during the last quarter. PNC Financial Services Group Inc. raised its position in StandardAero by 20.5% in the third quarter. PNC Financial Services Group Inc. now owns 4,411 shares of the company’s stock valued at $120,000 after purchasing an additional 751 shares during the last quarter. Comerica Bank bought a new stake in shares of StandardAero during the first quarter worth about $26,000. State of Wyoming acquired a new stake in StandardAero during the 3rd quarter worth approximately $27,000. Finally, CWM LLC increased its position in StandardAero by 46.7% in the 3rd quarter. CWM LLC now owns 3,234 shares of the company’s stock valued at $88,000 after acquiring an additional 1,029 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.