StandardAero (NYSE:SARO) Stock: Insider Michael Kaplan Sells 780 Shares

StandardAero, Inc. (NYSE:SARO) insider Michael Kaplan sold 780 shares of the firm’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $21.24, for a total transaction of $16,567.20. Following the completion of the transaction, the insider directly owned 2,161 shares in the company, valued at approximately $45,899.64. This represents a 26.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

StandardAero Stock Performance

SARO opened at $21.28 on Friday. The firm has a market capitalization of $7.04 billion, a PE ratio of 21.94 and a beta of 0.91. StandardAero, Inc. has a twelve month low of $19.56 and a twelve month high of $34.48. The firm’s 50-day moving average price is $23.57 and its 200 day moving average price is $25.87. 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 announced its quarterly earnings data on Thursday, August 6th. The company reported $0.40 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.32 by $0.08. The company had revenue of $1.60 billion during 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%. StandardAero’s revenue was up 4.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, sell-side analysts expect that StandardAero, Inc. will post 1.50 EPS for the current fiscal year.

Analysts Set New Price Targets

SARO has been the subject of a number of analyst reports. JPMorgan Chase & Co. upped their price target on StandardAero from $38.00 to $40.00 and gave the company an “overweight” rating in a research report on Monday, August 10th. Sanford C. Bernstein reiterated an “outperform” rating on shares of StandardAero in a research report on Monday, August 24th. Morgan Stanley set a $33.00 price objective on StandardAero in a research note on Monday, August 10th. Susquehanna reissued a “negative” rating on shares of StandardAero in a research note on Thursday, October 1st. Finally, Guggenheim started coverage on StandardAero in a report on Monday, September 14th. They issued a “neutral” rating for the company. Two analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $34.00.

Institutional Investors Weigh In On StandardAero

Hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada boosted its holdings in StandardAero by 0.3% in the 1st quarter. Royal Bank of Canada now owns 161,325 shares of the company’s stock valued at $4,167,000 after purchasing an additional 448 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in shares of StandardAero by 72.7% in the 3rd quarter. MassMutual Private Wealth & Trust FSB now owns 1,290 shares of the company’s stock valued at $28,000 after buying an additional 543 shares during the period. GAMMA Investing LLC grew its stake in shares of 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 buying an additional 1,060 shares during the period. CX Institutional acquired a new stake in shares of StandardAero during the 3rd quarter worth approximately $36,000. Finally, Northwestern Mutual Wealth Management Co. acquired a new stake in shares of StandardAero during the 2nd quarter worth approximately $55,000.

StandardAero Company Profile

StandardAero is an aerospace maintenance, repair and overhaul (MRO) company serving commercial aviation, business aviation, general aviation, military and government customers. The company provides services designed to maintain, repair, overhaul and extend the operating life of aircraft and their components.

Its offerings include engine maintenance and overhaul, airframe services, avionics and electrical work, landing-gear and component support, engineering, and parts and logistics services.