StandardAero (NYSE:SARO) Cut to “Hold” at Wall Street Zen

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

A number of other research firms have also weighed in on SARO. Susquehanna restated a “negative” rating on shares of StandardAero in a research note on Thursday. JPMorgan Chase & Co. increased their target price on StandardAero from $38.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Weiss Ratings cut StandardAero from a “hold (c)” rating to a “hold (c-)” rating in a research note on Friday, September 11th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of StandardAero in a report on Monday, August 24th. Finally, Morgan Stanley set a $33.00 price objective on StandardAero in a research report on Monday, August 10th. Two analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $34.08.

StandardAero Stock Performance

NYSE:SARO opened at $21.08 on Friday. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.59 and a current ratio of 2.13. The company has a 50 day moving average price of $25.27 and a 200 day moving average price of $26.24. StandardAero has a fifty-two week low of $20.78 and a fifty-two week high of $34.48. The stock has a market capitalization of $6.98 billion, a P/E ratio of 21.74 and a beta of 0.91.

StandardAero (NYSE:SARO) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share for the quarter, beating analysts’ consensus estimates of $0.32 by $0.08. The business had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%.The company’s revenue was up 4.6% on a year-over-year basis. During the same period in the previous year, the firm posted $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Equities research analysts forecast that StandardAero will post 1.5 EPS for the current year.

Insiders Place Their Bets

In other StandardAero news, CEO Russell Ford sold 20,413 shares of the company’s stock in a transaction on Friday, August 7th. The shares were sold at an average price of $30.56, for a total value of $623,821.28. Following the completion of the transaction, the chief executive officer owned 295,573 shares in the company, valued at $9,032,710.88. This represents a 6.46% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Insiders have sold 111,423 shares of company stock valued at $3,420,960 over the last three months. 2.10% of the stock is owned by insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of StandardAero by 19.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 437,138 shares of the company’s stock valued at $13,075,000 after acquiring an additional 72,089 shares in the last quarter. Carlyle Group Inc. purchased a new position in StandardAero during the second quarter worth about $2,529,998,000. Bank of America Corp DE acquired a new stake in StandardAero in the second quarter valued at about $178,878,000. BlackRock Inc. purchased a new stake in StandardAero in the 2nd quarter valued at approximately $646,128,000. Finally, Oregon Public Employees Retirement Fund purchased a new stake in StandardAero in the 1st quarter valued at approximately $1,005,000.

StandardAero Company Profile

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.