Glenmede Trust Co. NA Reduces Stock Position in Aercap Holdings N.V. $AER

Glenmede Trust Co. NA cut its holdings in Aercap Holdings N.V. (NYSE:AER) by 24.7% during the first quarter, Holdings Channel reports. The institutional investor owned 46,242 shares of the financial services provider’s stock after selling 15,176 shares during the period. Glenmede Trust Co. NA’s holdings in Aercap were worth $6,343,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of AER. Groupe la Francaise boosted its position in shares of Aercap by 221.4% during the 1st quarter. Groupe la Francaise now owns 180 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 124 shares in the last quarter. Western Wealth Management LLC acquired a new stake in shares of Aercap during the 1st quarter worth about $60,000. EverSource Wealth Advisors LLC raised its position in shares of Aercap by 61.6% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,313 shares of the financial services provider’s stock worth $317,000 after acquiring an additional 882 shares in the last quarter. Empowered Funds LLC lifted its stake in Aercap by 66.6% during the first quarter. Empowered Funds LLC now owns 144,721 shares of the financial services provider’s stock worth $19,853,000 after purchasing an additional 57,840 shares during the last quarter. Finally, Engle Capital Management L.P. lifted its stake in Aercap by 36.7% during the first quarter. Engle Capital Management L.P. now owns 164,000 shares of the financial services provider’s stock worth $22,498,000 after purchasing an additional 44,000 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Aercap Trading Up 2.0%

NYSE:AER opened at $153.85 on Tuesday. The company has a market capitalization of $25.67 billion, a PE ratio of 7.57, a P/E/G ratio of 0.61 and a beta of 0.93. Aercap Holdings N.V. has a 52-week low of $107.50 and a 52-week high of $156.33. The stock’s 50 day moving average price is $145.39 and its 200 day moving average price is $143.60. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 2.32.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share for the quarter, beating analysts’ consensus estimates of $4.14 by $1.00. The company had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.10 billion. Aercap had a return on equity of 17.60% and a net margin of 37.85%.The firm’s revenue for the quarter was up 14.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.83 earnings per share. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. On average, research analysts anticipate that Aercap Holdings N.V. will post 18.75 EPS for the current year.

Aercap announced that its Board of Directors has authorized a share buyback program on Wednesday, April 29th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the financial services provider to reacquire up to 4.3% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

Aercap Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 12th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, August 12th. Aercap’s payout ratio is presently 7.87%.

Wall Street Analyst Weigh In

AER has been the topic of several recent analyst reports. Morgan Stanley increased their price target on shares of Aercap from $155.00 to $165.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Susquehanna boosted their price objective on shares of Aercap from $170.00 to $176.00 and gave the stock a “positive” rating in a research report on Tuesday, July 7th. TD Cowen upped their target price on shares of Aercap from $175.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, July 16th. Citigroup increased their target price on shares of Aercap from $173.00 to $178.00 and gave the company a “buy” rating in a research report on Thursday. Finally, Truist Financial lifted their price target on shares of Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $172.56.

Aercap 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.