StandardAero (NYSE:SARO) Price Target Cut to $32.00 by Analysts at Royal Bank Of Canada

StandardAero (NYSE:SARO) had its price target reduced by investment analysts at Royal Bank Of Canada from $34.00 to $32.00 in a report issued on Wednesday, Benzinga reports. The brokerage currently has an “outperform” rating on the stock. Royal Bank Of Canada‘s target price would indicate a potential upside of 44.24% from the stock’s current price.

A number of other equities research analysts also recently weighed in on SARO. Weiss Ratings downgraded StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Bank of America decreased their price objective on shares of StandardAero from $35.00 to $27.00 and set a “neutral” rating for the company in a report on Thursday, September 17th. Morgan Stanley set a $33.00 target price on shares of StandardAero in a research report on Monday, August 10th. Guggenheim started coverage on StandardAero in a report on Monday, September 14th. They set a “neutral” rating on the stock. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of StandardAero in a report on Monday, August 24th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.45.

StandardAero Stock Performance

Shares of SARO stock traded down $0.23 on Wednesday, hitting $22.18. 394,572 shares of the stock traded hands, compared to its average volume of 3,975,305. StandardAero has a 1-year low of $19.56 and a 1-year high of $34.48. The company’s fifty day moving average is $22.80 and its 200 day moving average is $26.82.

StandardAero (NYSE:SARO) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. The company had revenue of $1.60 billion for the quarter, compared to the consensus estimate of $1.59 billion. During the same quarter in the previous year, the company earned $0.20 earnings per share. StandardAero’s quarterly revenue was up 4.6% compared to the same quarter last year. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, equities research analysts predict that StandardAero will post 1.50 EPS for the current year.

Insider Activity at StandardAero

In other StandardAero news, CEO Russell Ford sold 40,000 shares of the firm’s stock in a transaction that occurred on Thursday, August 6th. The stock was sold at an average price of $31.42, for a total value of $1,256,800.00. Following the sale, the chief executive officer owned 315,986 shares of the company’s stock, valued at $9,928,280.12. This trade represents a 11.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders sold 112,203 shares of company stock valued at $3,437,527 in the last 90 days. Insiders own 2.10% of the company’s stock.

Institutional Investors Weigh In On StandardAero

Institutional investors have recently added to or reduced their stakes in the company. Royal Bank of Canada raised its stake in shares of StandardAero by 0.3% in the first quarter. Royal Bank of Canada now owns 161,325 shares of the company’s stock valued at $4,167,000 after purchasing an additional 448 shares in the last quarter. MassMutual Private Wealth & Trust FSB lifted its position in StandardAero by 72.7% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company’s stock worth $28,000 after purchasing an additional 543 shares during the period. Signaturefd LLC boosted its stake in StandardAero by 37.4% during the third quarter. Signaturefd LLC now owns 2,302 shares of the company’s stock worth $49,000 after buying an additional 627 shares in the last quarter. GAMMA Investing LLC boosted its stake in StandardAero by 54.6% during the second quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock worth $90,000 after buying an additional 1,060 shares in the last quarter. Finally, Kirr Marbach & Co. LLC IN increased its holdings in StandardAero by 0.6% in the 3rd quarter. Kirr Marbach & Co. LLC IN now owns 231,382 shares of the company’s stock valued at $4,940,000 after buying an additional 1,329 shares during the period.

About StandardAero

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company that provides services for commercial and business aviation, military and government operators, and helicopter customers. The company supports aircraft throughout their operating life, helping customers maintain, repair, upgrade and return aircraft and components to service.

Its services include engine maintenance, repair and overhaul; airframe maintenance; avionics and electrical work; component and accessory repair; engineering; and aircraft modifications.