Shares of StandardAero, Inc. (NYSE:SARO – Get Free Report) have been assigned a consensus recommendation of “Moderate Buy” from the fourteen ratings firms that are currently covering the firm, Marketbeat Ratings reports. Six research analysts have rated the stock with a hold rating, six have given a buy rating and two have given a strong buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $34.00.
Several analysts have recently issued reports on the company. Weiss Ratings upgraded StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Susquehanna dropped their price target on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research note on Monday, May 11th. Royal Bank Of Canada lowered their target price on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company in a report on Friday, May 1st. Wall Street Zen lowered shares of StandardAero from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Finally, 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.
Read Our Latest Research Report on SARO
StandardAero Stock Up 1.0%
StandardAero (NYSE:SARO – Get Free Report) last posted its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.30 by $0.03. The firm had revenue of $1.63 billion for the quarter, compared to analyst estimates of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.StandardAero’s revenue was up 13.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Research analysts expect that StandardAero will post 1.42 earnings per share for the current year.
Insider Buying and Selling at StandardAero
In other news, CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction dated Monday, July 6th. The stock was 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 directly owned 486,955 shares of the company’s stock, valued at approximately $14,822,910.20. The trade was a 7.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.10% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in shares of StandardAero in the fourth quarter valued at approximately $217,655,000. Allspring Global Investments Holdings LLC increased its holdings in shares of StandardAero by 42.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock valued at $395,890,000 after acquiring an additional 4,523,693 shares during the period. Price T Rowe Associates Inc. MD raised its position in StandardAero by 33.8% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after purchasing an additional 3,540,167 shares during the last quarter. Victory Capital Management Inc. boosted its stake in StandardAero by 175.8% during the 4th quarter. Victory Capital Management Inc. now owns 5,040,723 shares of the company’s stock worth $144,568,000 after purchasing an additional 3,212,827 shares during the period. Finally, Bessemer Group Inc. boosted its stake in StandardAero by 447,114.3% during the 4th quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company’s stock worth $89,014,000 after purchasing an additional 3,102,973 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.
Featured Stories
- Five stocks we like better than StandardAero
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for StandardAero Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for StandardAero and related companies with MarketBeat.com's FREE daily email newsletter.
