PNC Financial Services Group Inc. Lowers Position in Aercap Holdings N.V. $AER

PNC Financial Services Group Inc. decreased its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 6.3% in the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 142,533 shares of the financial services provider’s stock after selling 9,637 shares during the period. PNC Financial Services Group Inc.’s holdings in Aercap were worth $17,246,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in AER. Aberdeen Group plc raised its holdings in shares of Aercap by 1.0% in the 3rd quarter. Aberdeen Group plc now owns 523,825 shares of the financial services provider’s stock valued at $63,629,000 after acquiring an additional 5,055 shares in the last quarter. Four Tree Island Advisory LLC increased its position in shares of Aercap by 0.4% in the third quarter. Four Tree Island Advisory LLC now owns 99,650 shares of the financial services provider’s stock worth $12,147,000 after purchasing an additional 407 shares during the last quarter. WJ Financial Advisors LLC bought a new position in shares of Aercap in the third quarter worth approximately $518,000. Hi Line Capital Management LLC raised its stake in Aercap by 27.0% in the third quarter. Hi Line Capital Management LLC now owns 41,676 shares of the financial services provider’s stock valued at $5,043,000 after purchasing an additional 8,849 shares in the last quarter. Finally, Public Sector Pension Investment Board lifted its position in Aercap by 6.5% during the third quarter. Public Sector Pension Investment Board now owns 106,161 shares of the financial services provider’s stock valued at $12,845,000 after purchasing an additional 6,500 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors.

Aercap Stock Performance

Aercap stock opened at $152.54 on Wednesday. The firm has a fifty day simple moving average of $144.33 and a two-hundred day simple moving average of $131.51. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $153.16. The company has a market capitalization of $28.49 billion, a PE ratio of 7.15, a P/E/G ratio of 1.30 and a beta of 1.05.

Aercap (NYSE:AER) last announced its quarterly earnings data on Friday, February 6th. The financial services provider reported $3.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.64. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The firm had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same period last year, the firm earned $3.31 earnings per share. The company’s revenue for the quarter was up 8.3% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. Research analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Wednesday, February 25th will be given a $0.40 dividend. The ex-dividend date is Wednesday, February 25th. This is an increase from Aercap’s previous quarterly dividend of $0.27. This represents a $1.60 annualized dividend and a yield of 1.0%. Aercap’s dividend payout ratio is presently 7.50%.

Analyst Upgrades and Downgrades

A number of research firms have commented on AER. Barclays boosted their price target on shares of Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Susquehanna upped their target price on shares of Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research report on Tuesday, November 11th. Deutsche Bank Aktiengesellschaft set a $175.00 price target on Aercap and gave the company a “buy” rating in a research report on Tuesday, February 10th. TD Cowen reaffirmed a “buy” rating on shares of Aercap in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, January 21st. Eight research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $152.13.

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.