Stefan Weingartner Increases Stake in StandardAero, Inc.
Stefan Weingartner acquired 6,011 shares of StandardAero on June 12, boosting his position in the aerospace company.
Key Points
- Stefan Weingartner acquired 6,011 shares of StandardAero, Inc. (NYSE: SARO) on June 12, increasing his stake in the company.
- StandardAero's stock is trading at $26.91, with a market cap of approximately $8.95 billion and a P/E ratio of 30.58.
- Analysts have mixed views, with Jefferies downgrading to hold and Susquehanna maintaining a buy rating with a $37 target.
Stefan Weingartner recently bought 6,011 shares of StandardAero, Inc. (NYSE: SARO) on June 12. This move shows his increased interest in the aerospace company, though the purchase price and total value were not disclosed. The stock is currently trading at $26.91.
Other Institutional Activity in StandardAero
Several institutional investors have also adjusted their positions in StandardAero. Carlyle Group Inc. reduced its holdings by 68,086,856 shares, leaving it with 84,587,035 shares worth about $2.18 billion. On the other hand, Price T Rowe Associates Inc. increased its stake by 25,045,575 shares, now holding 39,045,718 shares valued at approximately $1.01 billion. Similarly, BlackRock, Inc. added 12,462,016 shares, bringing its total to 21,787,131 shares worth about $562.76 million.
StandardAero, Inc. Stock Snapshot
Shares of StandardAero are trading near $26.91. The company has a market cap of roughly $8.95 billion and a P/E ratio of 30.58, with a forward P/E of 15.61. Its stock has ranged from a 52-week low of $23.83 to a high of $34.48. StandardAero's 50-day moving average is $25.99, while the 200-day moving average is $27.68. The company's current ratio is 2.12, and its quick ratio is 1.55, with a debt-to-equity ratio of 91.40.
Recent Earnings
StandardAero reported revenue of $6.25 billion, reflecting a growth rate of 13.3%. The company achieved an EPS of $0.88, with a net margin of 4.71% and a return on equity of 11.48%. The next earnings report is expected on August 12, 2026.
Insider Buying and Selling at StandardAero, Inc.
On June 12, several insiders, including Wendy Motlong Masiello and Derek Kerr, also bought 6,011 shares each. These transactions were not part of any planned trading programs.
Analysts Set New Price Targets
On June 2, Jefferies downgraded StandardAero to a hold rating with a $30 price target. Morgan Stanley maintained its hold rating with a $34 target on May 12, and Susquehanna kept its buy rating with a $37 target on May 11. The consensus recommendation is a buy, with an average target price of $35.61 from 14 analysts.
About StandardAero, Inc.
StandardAero, Inc. is a major player in the aerospace and defense sector, specializing in engine aftermarket services for aircraft. Headquartered in Scottsdale, Arizona, the company operates globally, offering maintenance, repair, and overhaul services. Led by CEO Russell W. Ford, StandardAero has about 8,000 employees and serves commercial aerospace, military, and business aviation markets.
Bottom Line
Stefan Weingartner's recent purchase of StandardAero shares highlights ongoing interest in the company. As a key player in aerospace services, StandardAero draws attention from investors and analysts alike. However, it's important to remember that insider trades are disclosed after the fact, and current positions may differ.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.