Daiwa Securities Group Inc. lifted its position in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) by 33.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 111,069 shares of the financial services provider’s stock after purchasing an additional 27,740 shares during the quarter. Daiwa Securities Group Inc. owned approximately 0.06% of Aercap worth $12,995,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also modified their holdings of the company. Fiduciary Alliance LLC lifted its position in Aercap by 0.4% in the second quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider’s stock worth $2,727,000 after purchasing an additional 93 shares during the period. Geneos Wealth Management Inc. raised its stake 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 valued at $46,000 after buying an additional 94 shares in the last quarter. Lido Advisors LLC lifted its holdings in shares of Aercap by 3.9% during the 2nd quarter. Lido Advisors LLC now owns 2,626 shares of the financial services provider’s stock worth $307,000 after acquiring an additional 99 shares during the period. Citizens National Bank Trust Department boosted its position in shares of Aercap by 0.8% during the 2nd quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider’s stock valued at $1,634,000 after acquiring an additional 104 shares in the last quarter. Finally, Frank Rimerman Advisors LLC raised its position in Aercap by 0.4% in the second quarter. Frank Rimerman Advisors LLC now owns 26,702 shares of the financial services provider’s stock worth $3,124,000 after purchasing an additional 106 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities research analysts have recently weighed in on the company. Cowen reiterated a “buy” rating on shares of Aercap in a research note on Thursday, October 30th. TD Cowen boosted their price target on Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Bank of America increased their price objective on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Susquehanna boosted their target price on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday, November 11th. Finally, Morgan Stanley upped their target price on shares of Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $146.29.
Aercap Stock Performance
Shares of NYSE:AER opened at $139.80 on Thursday. The business has a fifty day moving average of $129.62 and a 200-day moving average of $121.09. The firm has a market cap of $26.11 billion, a PE ratio of 6.62, a price-to-earnings-growth ratio of 0.73 and a beta of 1.13. 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 twelve month low of $85.57 and a twelve month high of $140.86.
Aercap (NYSE:AER – Get Free Report) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter last year, the company posted $2.41 EPS. The company’s quarterly revenue was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, equities research analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.
Aercap Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 12th were given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.8%. The ex-dividend date was Wednesday, November 12th. Aercap’s payout ratio is 5.12%.
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.
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