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

StandardAero, Inc. (NYSE:SARO – Get Free Report) CEO Russell Wayne Ford sold 40,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer owned 395,986 shares in the company, valued at approximately $11,974,616.64. This trade represents a 9.17% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

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• 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 transaction 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 transaction of $1,217,600.00.
• On Wednesday, July 1st, Russell Wayne Ford sold 40,000 shares of StandardAero stock. The shares were sold at an average price of $30.23, for a total value of $1,209,200.00.

StandardAero Stock Performance

NYSE SARO traded up $0.19 on Wednesday, hitting $30.87. 3,638,071 shares of the company’s stock were exchanged, compared to its average volume of 4,141,569. 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’s 50-day moving average price is $27.81 and its two-hundred day moving average price is $28.05. StandardAero, Inc. has a fifty-two week low of $23.83 and a fifty-two week high of $34.48. The firm has a market cap of $10.26 billion, a price-to-earnings ratio of 35.08 and a beta of 0.92.

StandardAero (NYSE:SARO – Get Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.33 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.30 by $0.03. The business had revenue of $1.63 billion during the quarter, compared to the consensus estimate of $1.49 billion. StandardAero had a return on equity of 12.36% and a net margin of 4.71%.The company’s revenue for the quarter was up 13.3% on a year-over-year basis. During the same period in the prior year, the business posted $0.19 EPS. StandardAero has set its FY 2026 guidance at 1.400-1.500 EPS. On average, research analysts expect that StandardAero, Inc. will post 1.42 EPS for the current year.

Institutional Trading of StandardAero

A number of institutional investors have recently bought and sold shares of SARO. Comerica Bank purchased a new position in shares of StandardAero in the first quarter valued at $26,000. Optiver Holding B.V. purchased a new stake in shares of StandardAero in the 1st quarter worth about $51,000. Danske Bank A S purchased a new stake in shares of StandardAero in the 3rd quarter worth about $82,000. GAMMA Investing LLC grew its stake in StandardAero by 54.6% in the 2nd quarter. GAMMA Investing LLC now owns 3,002 shares of the company’s stock valued at $90,000 after acquiring an additional 1,060 shares during the last quarter. Finally, Parallel Advisors LLC increased its holdings in StandardAero by 210.3% during the 4th quarter. Parallel Advisors LLC now owns 3,050 shares of the company’s stock valued at $87,000 after acquiring an additional 2,067 shares in the last quarter.

Wall Street Analyst Weigh In

A number of research firms have commented on SARO. Zacks Research downgraded StandardAero from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 12th. Morgan Stanley set a $31.00 price objective on shares of StandardAero in a research note on Wednesday, July 15th. Weiss Ratings raised shares of StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a report on Monday, June 29th. Wall Street Zen lowered shares of StandardAero from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Royal Bank Of Canada dropped their target price on shares of StandardAero from $37.00 to $34.00 and set an “outperform” rating for the company 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 assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $34.00.

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About StandardAero

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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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