StandardAero (NYSE:SARO) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of StandardAero (NYSE:SARO) from a hold rating to a buy rating in a research note issued to investors on Saturday,Wall Street Zen reports.

SARO has been the topic of a number of other reports. UBS Group increased their price target on shares of StandardAero from $35.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, August 7th. JPMorgan Chase & Co. lifted their price objective on shares of StandardAero from $38.00 to $40.00 and gave the company an “overweight” rating in a report on Monday, August 10th. Jefferies Financial Group downgraded shares of StandardAero from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $34.00 to $30.00 in a research report on Tuesday, June 2nd. Sanford C. Bernstein reissued an “outperform” rating on shares of StandardAero in a research note on Monday, August 24th. Finally, Weiss Ratings upgraded StandardAero from a “hold (c-)” rating to a “hold (c)” rating in a research note on Monday, June 29th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $35.00.

StandardAero Trading Down 1.7%

Shares of NYSE:SARO opened at $23.63 on Friday. StandardAero has a 12-month low of $23.51 and a 12-month high of $34.48. The company has a market capitalization of $7.82 billion, a PE ratio of 24.36 and a beta of 0.85. The business has a 50 day moving average of $26.96 and a two-hundred day moving average of $26.95. The company has a current ratio of 2.13, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84.

StandardAero (NYSE:SARO) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.40 EPS for the quarter, topping analysts’ consensus estimates of $0.32 by $0.08. The business had revenue of $1.60 billion for the quarter, compared to analysts’ expectations of $1.59 billion. StandardAero had a net margin of 5.12% and a return on equity of 14.52%. The business’s revenue was up 4.6% on a year-over-year basis. During the same quarter last year, the company earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, analysts forecast that StandardAero will post 1.51 EPS for the current year.

Insider Buying and Selling

In other StandardAero news, CEO Russell Ford sold 40,000 shares of the firm’s stock in a transaction on Monday, July 6th. The stock was sold at an average price of $30.44, for a total value of $1,217,600.00. Following the transaction, the chief executive officer owned 486,955 shares in the company, valued at approximately $14,822,910.20. This trade represents a 7.59% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Over the last three months, insiders sold 191,423 shares of company stock valued at $5,847,760. 2.10% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On StandardAero

A number of large investors have recently modified their holdings of SARO. Scholtz & Company LLC acquired a new stake in StandardAero in the 2nd quarter valued at about $3,960,000. WINTON GROUP Ltd boosted its holdings in shares of StandardAero by 19.0% during the 2nd quarter. WINTON GROUP Ltd now owns 113,814 shares of the company’s stock worth $3,404,000 after purchasing an additional 18,206 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of StandardAero by 68.5% during the 2nd quarter. NewEdge Advisors LLC now owns 24,988 shares of the company’s stock worth $747,000 after purchasing an additional 10,154 shares during the last quarter. Arizona State Retirement System grew its position in shares of StandardAero by 12.4% in the second quarter. Arizona State Retirement System now owns 60,870 shares of the company’s stock valued at $1,821,000 after purchasing an additional 6,704 shares in the last quarter. Finally, Nykredit A S purchased a new stake in shares of StandardAero in the second quarter valued at approximately $65,000.

StandardAero Company Profile

StandardAero is an aviation maintenance, repair and overhaul (MRO) company that provides services for commercial, business and general aviation, military and government, and industrial aviation customers. Its offerings are designed to support the operation, reliability and service life of aircraft and aviation systems.

The company’s capabilities include maintenance, repair and overhaul services for aircraft engines, airframes, avionics and components. StandardAero also provides engine modifications, engine upgrades, engineering and technical services, parts support, and other specialized maintenance solutions for a range of aviation platforms.

StandardAero serves customers internationally through a network of facilities across North America, Europe and the Asia-Pacific region.