StandardAero (NYSE:SARO) Insider Sells 780 Shares of Company Stock

Key Points

• Insider sale: Michael Kaplan sold 780 StandardAero shares for $16,567 at an average price of $21.24, reducing his direct holdings by 26.52%. The sale covered tax-withholding obligations tied to vested equity awards.
• Stock and earnings: StandardAero shares rose 1.4% to $21.28, while the company reported quarterly EPS of $0.40, beating estimates by $0.08, and revenue of $1.60 billion, up 4.6% year over year.
• Analyst outlook: Despite mixed ratings, StandardAero has a consensus “Moderate Buy” rating and an average price target of $34, well above its current trading level.

StandardAero, Inc. (NYSE:SARO - Get Free Report) 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 value of $16,567.20. Following the sale, the insider directly owned 2,161 shares in the company, valued at approximately $45,899.64. This represents a 26.52% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

StandardAero Stock Up 1.4%

Shares of NYSE:SARO traded up $0.29 during trading on Friday, hitting $21.28. 4,971,402 shares of the company's stock traded hands, compared to its average volume of 4,078,657. StandardAero, Inc. has a 52 week low of $19.56 and a 52 week high of $34.48. The company has a current ratio of 2.13, a quick ratio of 1.59 and a debt-to-equity ratio of 0.84. The company has a market cap of $7.04 billion, a price-to-earnings ratio of 21.94 and a beta of 0.91. The company has a 50-day moving average price of $23.57 and a 200-day moving average price of $25.87.

StandardAero (NYSE:SARO - Get Free Report) last issued 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 business had revenue of $1.60 billion during the quarter, compared to analyst estimates of $1.59 billion. StandardAero had a return on equity of 14.52% and a net margin of 5.12%. StandardAero's quarterly revenue was up 4.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.20 EPS. StandardAero has set its FY 2026 guidance at 1.500-1.570 EPS. As a group, research analysts forecast that StandardAero, Inc. will post 1.50 EPS for the current fiscal year.

Institutional Trading of StandardAero

Institutional investors and hedge funds have recently bought and sold shares of the business. Carlyle Group Inc. bought a new position in shares of StandardAero during the 2nd quarter worth approximately $2,529,998,000. BlackRock Inc. acquired a new position in shares of StandardAero during the 2nd quarter worth approximately $646,128,000. Allspring Global Investments Holdings LLC increased its holdings in shares of StandardAero by 42.8% during the 1st quarter. Allspring Global Investments Holdings LLC now owns 15,081,516 shares of the company's stock worth $395,890,000 after acquiring an additional 4,523,693 shares during the last quarter. Jupiter Topco LLC acquired a new position in shares of StandardAero during the 2nd quarter worth approximately $366,857,000. Finally, Janus Henderson Group PLC raised its stake in StandardAero by 7.3% in the 1st quarter. Janus Henderson Group PLC now owns 12,040,337 shares of the company's stock valued at $311,002,000 after acquiring an additional 816,276 shares during the period.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on SARO. Susquehanna reiterated a "negative" rating on shares of StandardAero in a report on Thursday, October 1st. UBS Group increased their target price on shares of StandardAero from $35.00 to $36.00 and gave the stock a "buy" rating in a report on Friday, August 7th. Weiss Ratings downgraded shares of StandardAero from a "hold (c)" rating to a "hold (c-)" rating in a research report on Friday, September 11th. Guggenheim initiated coverage on shares of StandardAero in a research report on Monday, September 14th. They issued a "neutral" rating for the company. Finally, Bank of America reduced their price objective on shares of StandardAero from $35.00 to $27.00 and set a "neutral" rating for the company in a research note on Thursday, September 17th. Two equities research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and six have issued a Hold rating to the company's stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $34.00.

About StandardAero

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.

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