California Public Employees Retirement System Boosts Stock Position in Aercap Holdings N.V. $AER

California Public Employees Retirement System grew its position in shares of Aercap Holdings N.V. (NYSE:AER) by 3.1% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 344,574 shares of the financial services provider’s stock after purchasing an additional 10,339 shares during the quarter. California Public Employees Retirement System owned approximately 0.18% of Aercap worth $40,315,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AER. Quarry LP purchased a new stake in Aercap in the first quarter worth approximately $37,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Aercap in the 2nd quarter worth approximately $43,000. Geneos Wealth Management Inc. lifted its holdings in shares of 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 acquiring an additional 94 shares during the last quarter. Whittier Trust Co. purchased a new stake in shares of Aercap in the 2nd quarter valued at $53,000. Finally, Summit Securities Group LLC bought a new position in shares of Aercap during the 1st quarter valued at $64,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

Aercap Trading Up 0.1%

NYSE AER opened at $139.80 on Thursday. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.30 and a current ratio of 0.30. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $140.86. The stock has a market cap of $26.11 billion, a P/E ratio of 6.62, a price-to-earnings-growth ratio of 0.73 and a beta of 1.13. The stock has a 50 day simple moving average of $129.62 and a two-hundred day simple moving average of $121.09.

Aercap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. The company had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2 billion. Aercap had a return on equity of 15.16% and a net margin of 45.41%.The firm’s revenue was up 18.5% on a year-over-year basis. During the same quarter last year, the firm posted $2.41 earnings per share. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were paid a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. Aercap’s payout ratio is presently 5.12%.

Wall Street Analysts Forecast Growth

AER has been the subject of several recent research reports. Susquehanna boosted their price target on shares of Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research note on Tuesday, November 11th. Morgan Stanley lifted their price objective on Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Bank of America raised their price target on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, Cowen reaffirmed a “buy” rating on shares of Aercap in a research note on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $146.29.

Aercap Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.