StandardAero, Inc. (NYSE:SARO – Get Free Report) has earned a consensus rating of “Moderate Buy” from the fourteen research firms that are currently covering the firm, Marketbeat.com reports. Six research analysts have rated the stock with a hold recommendation, six have issued a buy recommendation and two have issued a strong buy recommendation on the company. The average 1-year price target among analysts that have issued ratings on the stock in the last year is $34.00.
A number of equities analysts recently commented on SARO shares. UBS Group raised shares of StandardAero from a “neutral” rating to a “buy” rating and lowered their price target for the stock from $35.00 to $34.00 in a research report on Monday, May 11th. BTIG Research started coverage on shares of StandardAero in a research report on Thursday, April 2nd. They set a “buy” rating and a $35.00 target price on the stock. Susquehanna cut their price objective on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating for the company in a research report on Monday, May 11th. Weiss Ratings upgraded shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Finally, Wall Street Zen lowered shares of StandardAero from a “buy” rating to a “hold” rating in a report on Sunday, May 17th.
Get Our Latest Stock Analysis on StandardAero
StandardAero Price Performance
StandardAero (NYSE:SARO – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.30 by $0.03. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.49 billion. During the same period in the previous year, the company posted $0.19 EPS. The firm’s quarterly revenue was up 13.3% on a year-over-year basis. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. Equities research analysts predict that StandardAero will post 1.42 earnings per share for the current year.
Insider Buying and Selling
In related news, CEO Russell Wayne Ford sold 40,000 shares of the company’s stock in a transaction that occurred on Monday, July 6th. The shares were sold at an average price of $30.44, for a total transaction of $1,217,600.00. Following the completion of the transaction, the chief executive officer directly owned 486,955 shares in the company, valued at $14,822,910.20. This represents a 7.59% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 2.10% of the company’s stock.
Institutional Inflows and Outflows
Large investors have recently modified their holdings of the company. Vulcan Value Partners LLC acquired a new position in shares of StandardAero in the fourth quarter valued at approximately $13,618,000. Allspring Global Investments Holdings LLC boosted its position in StandardAero by 16.4% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock worth $312,934,000 after buying an additional 1,484,755 shares during the period. Trinity Street Asset Management LLP bought a new stake in StandardAero during the 1st quarter worth approximately $25,692,000. Massachusetts Financial Services Co. MA grew its holdings in StandardAero by 5.5% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 3,465,939 shares of the company’s stock worth $99,403,000 after acquiring an additional 179,930 shares during the last quarter. Finally, M.D. Sass LLC increased its position in StandardAero by 69.5% in the 4th quarter. M.D. Sass LLC now owns 1,991,537 shares of the company’s stock valued at $57,117,000 after acquiring an additional 816,573 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.
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