Aercap (NYSE:AER) Reaches New 12-Month High – Still a Buy?

Shares of Aercap Holdings N.V. (NYSE:AER) reached a new 52-week high on Wednesday . The company traded as high as $158.39 and last traded at $157.62, with a volume of 48033 shares trading hands. The stock had previously closed at $155.08.

Analyst Ratings Changes

A number of brokerages have recently issued reports on AER. Susquehanna upped their target price on shares of Aercap from $170.00 to $176.00 and gave the company a “positive” rating in a report on Tuesday, July 7th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and set a $190.00 price target on shares of Aercap in a report on Thursday, July 30th. Morgan Stanley boosted their price target on Aercap from $155.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 30th. Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Finally, TD Cowen boosted their target price on Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $172.56.

Aercap Stock Performance

The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.28 and a current ratio of 0.28. The firm has a market capitalization of $25.92 billion, a price-to-earnings ratio of 7.64, a PEG ratio of 0.62 and a beta of 0.93. The company has a fifty day moving average of $146.29 and a two-hundred day moving average of $143.87.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.14 by $1.00. Aercap had a return on equity of 17.60% and a net margin of 37.85%.The business had revenue of $2.22 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the prior year, the business posted $2.83 earnings per share. The firm’s quarterly revenue was up 14.9% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. As a group, equities research analysts predict that Aercap Holdings N.V. will post 18.95 earnings per share for the current fiscal year.

Aercap Dividend Announcement

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

Aercap announced that its board has authorized a stock buyback program on Wednesday, April 29th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

Hedge Funds Weigh In On Aercap

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Arkadios Wealth Advisors grew its position in Aercap by 2.7% during the fourth quarter. Arkadios Wealth Advisors now owns 2,525 shares of the financial services provider’s stock valued at $363,000 after buying an additional 67 shares during the period. Williams & Novak LLC boosted its stake in shares of Aercap by 4.6% during the 2nd quarter. Williams & Novak LLC now owns 1,531 shares of the financial services provider’s stock worth $223,000 after acquiring an additional 68 shares during the last quarter. Parallel Advisors LLC grew its position in shares of Aercap by 7.1% during the 1st quarter. Parallel Advisors LLC now owns 1,110 shares of the financial services provider’s stock valued at $152,000 after acquiring an additional 74 shares during the period. Contravisory Investment Management Inc. increased its stake in shares of Aercap by 4.2% in the 2nd quarter. Contravisory Investment Management Inc. now owns 1,968 shares of the financial services provider’s stock worth $287,000 after purchasing an additional 79 shares in the last quarter. Finally, Geneos Wealth Management Inc. raised its holdings in Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after purchasing an additional 94 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

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.