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

StandardAero, Inc. (NYSE:SAROGet Free Report) CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $30.24, for a total transaction of $1,209,600.00. Following the sale, the chief executive officer directly owned 395,986 shares in the company, valued at approximately $11,974,616.64. The trade was a 9.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

  • On Monday, August 3rd, Russell Wayne Ford sold 10,969 shares of StandardAero stock. The stock was sold at an average price of $30.04, for a total value of $329,508.76.
  • On Monday, July 6th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.44, for a total value of $1,217,600.00.
  • 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.

StandardAero Price Performance

SARO stock opened at $30.15 on Friday. The company has a debt-to-equity ratio of 0.81, a current ratio of 2.12 and a quick ratio of 1.59. The firm has a market capitalization of $10.02 billion, a P/E ratio of 34.27 and a beta of 0.92. The business’s 50-day moving average is $27.91 and its two-hundred day moving average is $28.02. StandardAero, Inc. has a 1 year low of $23.83 and a 1 year high of $34.48.

StandardAero (NYSE:SAROGet Free Report) last announced 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. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The business had revenue of $1.60 billion during the quarter, compared to the consensus estimate of $1.59 billion. During the same period in the previous year, the company posted $0.20 earnings per share. The business’s revenue for the quarter was up 4.6% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Analysts anticipate that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the stock. Allspring Global Investments Holdings LLC raised its stake in StandardAero by 42.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock worth $395,890,000 after acquiring an additional 4,523,693 shares in the last quarter. Price T Rowe Associates Inc. MD boosted its stake in StandardAero by 33.8% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 14,000,143 shares of the company’s stock valued at $401,525,000 after acquiring an additional 3,540,167 shares in the last quarter. Janus Henderson Group PLC grew its holdings in shares of StandardAero by 7.3% during the first quarter. Janus Henderson Group PLC now owns 12,040,337 shares of the company’s stock worth $311,002,000 after purchasing an additional 816,276 shares during the last quarter. T. Rowe Price Investment Management Inc. increased its position in shares of StandardAero by 11.1% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 11,984,551 shares of the company’s stock worth $343,717,000 after purchasing an additional 1,194,488 shares in the last quarter. Finally, Wellington Management Group LLP increased its position in shares of StandardAero by 5.0% during the fourth quarter. Wellington Management Group LLP now owns 10,867,767 shares of the company’s stock worth $311,688,000 after purchasing an additional 522,203 shares in the last quarter.

Trending Headlines about StandardAero

Here are the key news stories impacting StandardAero this week:

  • Positive Sentiment: Quarterly earnings beat expectations. StandardAero reported second-quarter EPS of $0.40, above estimates ranging from $0.32 to $0.35 and double the $0.20 reported a year earlier. Revenue increased 4.6% year over year to $1.60 billion, slightly exceeding the $1.59 billion consensus. StandardAero Tops Q2 Earnings and Revenue Estimates
  • Positive Sentiment: Full-year guidance was raised well above analyst expectations. The company projected fiscal 2026 EPS of $1.50 to $1.57, compared with a prior consensus estimate of $1.23. Revenue guidance of $6.4 billion to $6.5 billion was broadly in line with expectations, indicating that the main upside is coming from profitability and execution. StandardAero Earnings Report
  • Neutral Sentiment: Analyst sentiment remains favorable but mixed. StandardAero has a “Moderate Buy” consensus rating and an average target price of $34, although Jefferies and Zacks previously downgraded the stock to “Hold.” The shares trade at a relatively elevated valuation, with a price-to-earnings ratio above 34.
  • Negative Sentiment: CEO selling may be weighing on sentiment. CEO Russell Wayne Ford sold 10,969 shares for approximately $330,000 on August 3 and 40,000 shares for about $1.21 million on August 4. These transactions reduced his direct holdings, although he still owns a substantial stake. StandardAero CEO Insider Selling

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on SARO. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and dropped their target price for the company from $34.00 to $30.00 in a report on Tuesday, June 2nd. Susquehanna cut their price target on StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research note on Monday, May 11th. Morgan Stanley set a $31.00 price objective on StandardAero in a research report on Wednesday, July 15th. Finally, Royal Bank Of Canada dropped their price objective on StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $34.00.

Get Our Latest Analysis on SARO

StandardAero Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for StandardAero (NYSE:SARO)

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