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

StandardAero, Inc. (NYSE:SARO) CEO Russell Wayne Ford sold 40,000 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total value of $1,203,600.00. Following the completion of the sale, the chief executive officer directly owned 606,955 shares of the company’s stock, valued at $18,263,275.95. This trade represents a 6.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Wednesday, February 4th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.12, for a total value of $1,204,800.00.
• On Monday, February 2nd, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.47, for a total transaction of $1,218,800.00.
• On Wednesday, January 7th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.24, for a total transaction of $1,209,600.00.
• On Monday, January 5th, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The stock was sold at an average price of $30.18, for a total transaction of $1,207,200.00.

StandardAero Price Performance

Shares of SARO stock opened at $28.89 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.20 and a quick ratio of 1.57. The firm’s 50-day moving average is $30.91 and its two-hundred day moving average is $28.43. StandardAero, Inc. has a 12 month low of $21.31 and a 12 month high of $34.48. The company has a market capitalization of $9.61 billion, a PE ratio of 34.81 and a beta of 1.02.

StandardAero (NYSE:SARO) last posted its earnings results on Wednesday, February 25th. The company reported $0.24 earnings per share for the quarter, meeting the consensus estimate of $0.24. The company had revenue of $1.60 billion for the quarter, compared to analyst estimates of $1.57 billion. StandardAero had a net margin of 4.58% and a return on equity of 10.88%. StandardAero’s revenue was up 13.5% on a year-over-year basis. During the same period in the previous year, the business posted ($0.04) EPS. StandardAero has set its FY 2026 guidance at 1.350-1.450 EPS. Analysts predict that StandardAero, Inc. will post 0.29 earnings per share for the current year.

StandardAero declared that its board has approved a share repurchase plan on Wednesday, December 10th that allows the company to repurchase $450.00 million in outstanding shares. This repurchase authorization allows the company to repurchase up to 5% of its stock through open market purchases. Stock repurchase plans are usually a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

SARO has been the subject of several recent analyst reports. UBS Group raised their target price on StandardAero from $34.00 to $35.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. Susquehanna set a $38.00 price target on StandardAero in a research note on Thursday, January 15th. Royal Bank Of Canada reiterated an “outperform” rating and set a $37.00 price target on shares of StandardAero in a report on Thursday, January 29th. Sanford C. Bernstein restated an “outperform” rating and issued a $39.00 price objective on shares of StandardAero in a report on Tuesday, February 24th. Finally, Bank of America decreased their target price on shares of StandardAero from $33.00 to $30.00 and set a “neutral” rating on the stock in a research report on Friday, November 14th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of SARO. Comerica Bank purchased a new stake in shares of StandardAero in the 1st quarter valued at $26,000. Royal Bank of Canada boosted its holdings in StandardAero by 418.8% during the 1st quarter. Royal Bank of Canada now owns 138,268 shares of the company’s stock valued at $3,682,000 after acquiring an additional 111,617 shares during the period. AQR Capital Management LLC acquired a new position in StandardAero in the 1st quarter valued at about $521,000. Goldman Sachs Group Inc. acquired a new position in StandardAero in the 1st quarter valued at about $6,821,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC purchased a new stake in StandardAero during the first quarter worth about $12,343,000.

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.