Aercap (NYSE:AER) Price Target Raised to $160.00

Aercap (NYSE:AER) had its price target lifted by Morgan Stanley from $150.00 to $160.00 in a research note released on Monday,Benzinga reports. They currently have an equal weight rating on the financial services provider’s stock.

Other research analysts have also recently issued research reports about the stock. Deutsche Bank Aktiengesellschaft set a $175.00 target price on shares of Aercap and gave the stock a “buy” rating in a report on Tuesday, February 10th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Truist Financial initiated coverage on Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price objective for the company. Zacks Research downgraded Aercap from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Finally, Bank of America lifted their price target on Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell 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 $153.38.

Aercap Stock Up 2.5%

Shares of AER stock opened at $149.79 on Monday. Aercap has a fifty-two week low of $85.57 and a fifty-two week high of $154.94. The firm has a market capitalization of $25.00 billion, a PE ratio of 7.02, a P/E/G ratio of 1.29 and a beta of 1.01. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.23 and a current ratio of 0.23. The stock’s 50-day simple moving average is $145.97 and its 200-day simple moving average is $134.37.

Aercap (NYSE:AER) last issued its earnings results on Friday, February 6th. The financial services provider reported $3.95 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 analyst estimates of $2.07 billion. During the same quarter in the prior year, the firm earned $3.31 earnings per share. Aercap’s revenue for the quarter was up 8.3% on a year-over-year basis. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. Equities analysts expect that Aercap will post 11.29 earnings per share for the current year.

Aercap Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, February 25th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, February 25th. This is a positive change from Aercap’s previous quarterly dividend of $0.27. Aercap’s payout ratio is currently 7.50%.

Institutional Trading of Aercap

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Citigroup Inc. grew its position in shares of Aercap by 12.7% during the third quarter. Citigroup Inc. now owns 176,919 shares of the financial services provider’s stock worth $21,407,000 after buying an additional 19,975 shares in the last quarter. ARGA Investment Management LP increased its position in shares of Aercap by 210.8% in the 3rd quarter. ARGA Investment Management LP now owns 31,140 shares of the financial services provider’s stock valued at $3,768,000 after purchasing an additional 21,120 shares during the last quarter. Robeco Institutional Asset Management B.V. raised its holdings in shares of Aercap by 13.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 135,992 shares of the financial services provider’s stock valued at $16,455,000 after purchasing an additional 16,611 shares in the last quarter. Alberta Investment Management Corp grew its stake in shares of Aercap by 142.4% during the third quarter. Alberta Investment Management Corp now owns 38,300 shares of the financial services provider’s stock worth $4,634,000 after purchasing an additional 22,500 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. purchased a new position in Aercap in the second quarter valued at $5,990,000. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

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.