StandardAero (NYSE:SARO) Downgraded by Wall Street Zen to “Hold”

Wall Street Zen downgraded shares of StandardAero (NYSE:SARO) from a buy rating to a hold rating in a research note issued to investors on Sunday morning.

A number of other research analysts also recently commented on the stock. UBS Group raised 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 research report on Monday, May 11th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $39.00 price objective on shares of StandardAero in a research report on Friday, May 8th. Truist Financial raised shares of StandardAero to a “strong-buy” rating in a research report on Friday, May 1st. Susquehanna lowered their price objective on shares of StandardAero from $40.00 to $37.00 and set a “positive” rating on the stock in a research report on Monday, May 11th. Finally, BTIG Research assumed coverage on shares of StandardAero in a research report on Thursday, April 2nd. They set a “buy” rating and a $35.00 price objective on the stock. Two analysts have rated the stock with a Strong Buy rating, six have issued a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat.com, StandardAero currently has a consensus rating of “Moderate Buy” and an average price target of $34.64.

StandardAero Trading Down 0.0%

NYSE SARO opened at $25.24 on Friday. 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 fifty day moving average price is $26.31 and its 200 day moving average price is $28.09. The company has a market capitalization of $8.39 billion, a price-to-earnings ratio of 28.69 and a beta of 0.81. StandardAero has a 12 month low of $23.83 and a 12 month high of $34.48.

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

Insider Activity at StandardAero

In related news, insider Lewis Prebble sold 1,141 shares of the stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $27.36, for a total transaction of $31,217.76. Following the completion of the transaction, the insider directly owned 3,006 shares of the company’s stock, valued at $82,244.16. This represents a 27.51% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Russell Wayne Ford sold 40,000 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $30.09, for a total transaction of $1,203,600.00. Following the transaction, the chief executive officer directly owned 606,955 shares of the company’s stock, valued at $18,263,275.95. This represents a 6.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 59,337 shares of company stock worth $1,732,660 in the last three months.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. ArrowMark Colorado Holdings LLC raised its holdings in StandardAero by 45.5% during the third quarter. ArrowMark Colorado Holdings LLC now owns 2,428,485 shares of the company’s stock worth $66,273,000 after purchasing an additional 759,694 shares in the last quarter. Dynamic Technology Lab Private Ltd acquired a new stake in shares of StandardAero in the third quarter valued at about $1,241,000. Allspring Global Investments Holdings LLC lifted its stake in shares of StandardAero by 16.4% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 10,557,823 shares of the company’s stock valued at $312,934,000 after purchasing an additional 1,484,755 shares during the period. Fortress Investment Group LLC lifted its stake in shares of StandardAero by 35.1% in the third quarter. Fortress Investment Group LLC now owns 945,400 shares of the company’s stock valued at $25,800,000 after purchasing an additional 245,400 shares during the period. Finally, JPMorgan Chase & Co. lifted its stake in shares of StandardAero by 42.9% in the third quarter. JPMorgan Chase & Co. now owns 308,384 shares of the company’s stock valued at $8,416,000 after purchasing an additional 92,514 shares during the period.

About StandardAero

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.