Russell Wayne Ford Sells 10,969 Shares of StandardAero (NYSE:SARO) Stock

StandardAero, Inc. (NYSE:SAROGet Free Report) CEO Russell Wayne Ford sold 10,969 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $30.04, for a total value of $329,508.76. Following the completion of the sale, the chief executive officer directly owned 435,986 shares of the company’s stock, valued at $13,097,019.44. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Tuesday, August 4th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.24, for a total value of $1,209,600.00.
  • On Monday, July 6th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.44, for a total transaction 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 transaction of $1,209,200.00.

StandardAero Stock Performance

NYSE:SARO opened at $30.15 on Friday. The firm’s fifty day simple moving average is $27.91 and its 200-day simple moving average is $28.02. The company has a quick ratio of 1.59, a current ratio of 2.12 and a debt-to-equity ratio of 0.81. The stock has a market cap of $10.02 billion, a PE ratio of 34.27 and a beta of 0.92. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week 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, beating the consensus estimate of $0.32 by $0.08. The firm had revenue of $1.60 billion during the quarter, compared to analysts’ expectations of $1.59 billion. StandardAero had a net margin of 4.71% and a return on equity of 12.36%. The business’s revenue for the quarter was up 4.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.20 earnings per share. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. Analysts expect that StandardAero, Inc. will post 1.42 earnings per share for the current fiscal year.

Institutional Investors Weigh In On StandardAero

Hedge funds and other institutional investors have recently modified their holdings of the company. Norges Bank acquired a new position in StandardAero in the fourth quarter valued at $217,655,000. Allspring Global Investments Holdings LLC boosted its stake in StandardAero by 42.8% in the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company’s stock worth $395,890,000 after buying an additional 4,523,693 shares during the last quarter. Price T Rowe Associates Inc. MD grew its holdings 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 buying an additional 3,540,167 shares during the period. Victory Capital Management Inc. grew its holdings in StandardAero by 175.8% in the 4th quarter. Victory Capital Management Inc. now owns 5,040,723 shares of the company’s stock valued at $144,568,000 after buying an additional 3,212,827 shares during the period. Finally, Bessemer Group Inc. increased its stake in shares of StandardAero by 447,114.3% during the 4th quarter. Bessemer Group Inc. now owns 3,103,667 shares of the company’s stock valued at $89,014,000 after acquiring an additional 3,102,973 shares during the last quarter.

StandardAero News Summary

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on SARO. Royal Bank Of Canada lowered their price target on StandardAero from $37.00 to $34.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Jefferies Financial Group lowered StandardAero from a “buy” rating to a “hold” rating and lowered their target price for the company from $34.00 to $30.00 in a report on Tuesday, June 2nd. UBS Group upgraded shares of StandardAero from a “neutral” rating to a “buy” rating and dropped their target price for the company from $35.00 to $34.00 in a report on Monday, May 11th. Wall Street Zen cut shares of StandardAero from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Susquehanna dropped their price target on StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a research report on Monday, May 11th. 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. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $34.00.

View Our Latest Stock Analysis on SARO

About StandardAero

(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.

Further Reading

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

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