PFA Pension Forsikringsaktieselskab bought a new position in Aercap Holdings N.V. (NYSE:AER – Free Report) during the 4th quarter, Holdings Channel reports. The fund bought 13,006 shares of the financial services provider’s stock, valued at approximately $1,875,000.
Several other institutional investors have also recently bought and sold shares of the company. Mizuho Markets Cayman LP raised its holdings in Aercap by 45,615.5% in the 3rd quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock worth $424,769,000 after acquiring an additional 3,502,812 shares during the period. Ninety One UK Ltd raised its holdings in Aercap by 1.1% in the 4th quarter. Ninety One UK Ltd now owns 2,804,003 shares of the financial services provider’s stock worth $403,103,000 after acquiring an additional 31,794 shares during the period. WGI DM LLC raised its holdings in Aercap by 40.6% in the 3rd quarter. WGI DM LLC now owns 2,555,812 shares of the financial services provider’s stock worth $309,253,000 after acquiring an additional 738,176 shares during the period. Mawer Investment Management Ltd. increased its holdings in shares of Aercap by 35.1% during the 3rd quarter. Mawer Investment Management Ltd. now owns 2,093,694 shares of the financial services provider’s stock worth $253,337,000 after purchasing an additional 543,465 shares during the period. Finally, Ameriprise Financial Inc. increased its holdings in shares of Aercap by 1.3% during the 3rd quarter. Ameriprise Financial Inc. now owns 1,958,577 shares of the financial services provider’s stock worth $237,409,000 after purchasing an additional 25,034 shares during the period. Institutional investors own 96.42% of the company’s stock.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on the stock. Barclays increased their target price on shares of Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a research note on Thursday. JPMorgan Chase & Co. lifted their target price on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Truist Financial lifted their target price on Aercap from $159.00 to $161.00 and gave the stock a “buy” rating in a research report on Thursday, April 30th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research report on Monday, April 20th. Finally, TD Cowen lifted their target price on Aercap from $170.00 to $175.00 and gave the stock a “buy” rating in a research report on Thursday. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $163.13.
Aercap Stock Down 2.2%
AER stock opened at $137.89 on Tuesday. Aercap Holdings N.V. has a twelve month low of $105.65 and a twelve month high of $154.94. The company has a market cap of $23.01 billion, a PE ratio of 6.04, a price-to-earnings-growth ratio of 0.99 and a beta of 0.95. The business’s 50-day simple moving average is $141.15 and its 200 day simple moving average is $139.52. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 2.34.
Aercap (NYSE:AER – Get Free Report) last posted its earnings results on Wednesday, April 29th. The financial services provider reported $5.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.59 by $1.80. The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.07 billion. Aercap had a net margin of 45.22% and a return on equity of 16.01%. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.68 earnings per share. Aercap has set its FY 2026 guidance at 14.500-14.50 EPS. On average, research analysts anticipate that Aercap Holdings N.V. will post 17.08 earnings per share for the current year.
Aercap Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Wednesday, May 13th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. Aercap’s payout ratio is presently 7.01%.
Aercap announced that its board has authorized a share buyback plan on Wednesday, April 29th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.
Aercap Company Profile
AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.
Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.
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