StandardAero (NYSE:SARO) Stock Dropped to “Hold” by Wall Street Zen

Wall Street Zen cut shares of StandardAero (NYSE:SARO) from a buy rating to a hold rating in a research report released on Saturday morning,Wall Street Zen reports.

SARO has been the topic of several other research reports. UBS Group boosted their target price on shares of StandardAero from $35.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Morgan Stanley set a $33.00 target price on shares of StandardAero in a research report on Monday, August 10th. Susquehanna reissued a “negative” rating on shares of StandardAero in a report on Thursday. Guggenheim assumed coverage on shares of StandardAero in a research report on Monday, September 14th. They issued a “neutral” rating on the stock. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of StandardAero in a research note on Monday, August 24th. Two analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.08.

StandardAero Trading Down 0.4%

Shares of SARO opened at $21.07 on Friday. The company has a current ratio of 2.13, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84. The stock has a market cap of $6.97 billion, a PE ratio of 21.73 and a beta of 0.91. StandardAero has a 1 year low of $20.78 and a 1 year high of $34.48. The stock has a 50 day simple moving average of $25.44 and a 200-day simple moving average of $26.28.

StandardAero (NYSE:SARO) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.40 EPS for the quarter, beating the consensus estimate of $0.32 by $0.08. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The business had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.59 billion. During the same quarter in the previous year, the firm earned $0.20 EPS. StandardAero’s quarterly revenue was up 4.6% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. On average, sell-side analysts predict that StandardAero will post 1.5 EPS for the current fiscal year.

Insider Buying and Selling at StandardAero

In other news, CEO Russell Ford sold 20,413 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the sale, the chief executive officer directly owned 295,573 shares in the company, valued at approximately $9,032,710.88. This trade represents a 6.46% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Insiders sold 151,423 shares of company stock valued at $4,638,560 in the last three months. Company insiders own 2.10% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Royal Bank of Canada boosted its position in StandardAero by 0.3% during the 1st quarter. Royal Bank of Canada now owns 161,325 shares of the company’s stock worth $4,167,000 after acquiring an additional 448 shares during the last quarter. GAMMA Investing LLC raised its holdings in shares of StandardAero by 54.6% in the second 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 during the last quarter. CX Institutional acquired a new stake in shares of StandardAero in the third quarter valued at approximately $36,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of StandardAero in the second quarter worth $55,000. Finally, Optiver Holding B.V. bought a new stake in shares of StandardAero in the first quarter worth $51,000.

About StandardAero

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.