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

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 40,000 shares of the firm’s stock in a transaction on Monday, July 6th. The shares were sold at an average price of $30.44, for a total value of $1,217,600.00. Following the completion of the sale, the chief executive officer owned 486,955 shares in the company, valued at approximately $14,822,910.20. This represents a 7.59% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

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 stock was 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 stock was sold at an average price of $27.36, for a total value of $291,055.68.

StandardAero Stock Down 6.1%

Shares of SARO traded down $1.84 during mid-day trading on Wednesday, reaching $28.20. The company’s stock had a trading volume of 3,818,827 shares, compared to its average volume of 4,300,702. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59. StandardAero, Inc. has a 12-month low of $23.83 and a 12-month high of $34.48. The stock has a market cap of $9.37 billion, a PE ratio of 32.04 and a beta of 0.91. The company’s 50 day moving average is $26.83 and its 200 day moving average is $28.27.

StandardAero (NYSE:SARO) last posted its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $1.63 billion during the quarter, compared to analysts’ expectations of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The firm’s revenue was up 13.3% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.19 earnings per share. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Equities analysts anticipate that StandardAero, Inc. will post 1.42 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Wells Fargo & Company initiated coverage on shares of StandardAero in a research note on Wednesday, April 1st. They set an “overweight” rating and a $32.00 price target on the stock. Jefferies Financial Group downgraded shares of StandardAero from a “buy” rating to a “hold” rating and decreased their price objective for the company from $34.00 to $30.00 in a research note on Tuesday, June 2nd. Canadian Imperial Bank of Commerce reaffirmed an “outperform” rating and set a $39.00 price objective on shares of StandardAero in a report on Friday, May 8th. Weiss Ratings raised StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Finally, Truist Financial raised StandardAero to a “strong-buy” rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, StandardAero presently has a consensus rating of “Moderate Buy” and an average price target of $34.25.

Institutional Trading of StandardAero

Several institutional investors and hedge funds have recently bought and sold shares of SARO. Comerica Bank acquired a new position in StandardAero in the first quarter valued at $26,000. Aventura Private Wealth LLC acquired a new stake in shares of StandardAero during the fourth quarter worth about $45,000. Optiver Holding B.V. acquired a new stake in shares of StandardAero during the first quarter worth about $51,000. Danske Bank A S purchased a new position in shares of StandardAero during the third quarter worth about $82,000. Finally, GAMMA Investing LLC increased its position in StandardAero by 54.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock valued at $90,000 after acquiring an additional 1,060 shares during the period.

StandardAero Company Profile

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.