AAR (NYSE:AIR) Reaches New 52-Week High Following Earnings Beat

AAR Corp. (NYSE:AIR)’s stock price reached a new 52-week high on Wednesday after the company announced better than expected quarterly earnings. The stock traded as high as $122.55 and last traded at $121.9020, with a volume of 434864 shares changing hands. The stock had previously closed at $107.81.

The aerospace company reported $1.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.21 by $0.04. AAR had a net margin of 5.46% and a return on equity of 12.39%. The business had revenue of $845.10 million for the quarter, compared to the consensus estimate of $812.58 million. During the same period in the previous year, the firm earned $0.99 EPS. The company’s quarterly revenue was up 24.6% compared to the same quarter last year.

AAR News Roundup

Here are the key news stories impacting AAR this week:

• Positive Sentiment: Q3 results topped estimates — EPS and sales grew ~26% and ~25% year-over-year, driven by parts distribution and broad segment strength, supporting near-term earnings momentum. AAR Q3 Earnings Surpass Estimates
• Positive Sentiment: Analyst bullishness increased — Royal Bank of Canada raised its price target to $125 (Outperform) and KeyCorp lifted its target to $120 (Overweight), signaling upside from current levels. Benzinga: Price Target Raises
• Positive Sentiment: Zacks upgraded AAR to a Rank #2 (Buy) and published pieces highlighting AAR as a growth and momentum stock, which can attract momentum-driven flows. All You Need to Know About AAR Rating Upgrade
• Positive Sentiment: AAR recently hit a 52-week high, reflecting strong investor interest and suggesting the company’s fundamentals have been re-rated. AAR Hit a 52 Week High
• Neutral Sentiment: Earnings call transcripts and highlights provide execution detail but no new surprises — useful for longer-term thesis but likely already priced in near term. AAR Q3 2026 Earnings Call Transcript
• Neutral Sentiment: Brokerage consensus reads as a “Moderate Buy,” reflecting broad analyst support but not unanimous conviction. Consensus Recommendation
• Negative Sentiment: Risk disclosure note — AAR kept FY2025 risk disclosures largely unchanged and added a regulation-category risk, which TipRanks flagged as raising oversight/emerging-threat questions that could weigh on sentiment. TipRanks: Risk Disclosures Unchanged

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Jefferies Financial Group increased their price target on shares of AAR to $150.00 and gave the stock a “buy” rating in a research note on Tuesday. Wall Street Zen raised AAR from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Weiss Ratings reissued a “hold (c-)” rating on shares of AAR in a research report on Monday, December 29th. Zacks Research cut AAR from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 16th. Finally, The Goldman Sachs Group started coverage on AAR in a research report on Monday, January 26th. They set a “neutral” rating and a $121.00 price target on the stock. Four equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $128.80.

Insider Buying and Selling at AAR

In other AAR news, CFO Sarah Louise Flanagan sold 10,750 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $108.56, for a total value of $1,167,020.00. Following the sale, the chief financial officer owned 32,848 shares in the company, valued at approximately $3,565,978.88. This represents a 24.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Mcclain Holmes III sold 10,000 shares of the firm’s stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $108.44, for a total transaction of $1,084,400.00. Following the transaction, the chief executive officer directly owned 237,064 shares of the company’s stock, valued at $25,707,220.16. This represents a 4.05% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 128,984 shares of company stock worth $12,517,090. Insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of AAR by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 20,779 shares of the aerospace company’s stock worth $1,163,000 after acquiring an additional 904 shares during the last quarter. Millennium Management LLC raised its position in shares of AAR by 35.8% in the 1st quarter. Millennium Management LLC now owns 134,966 shares of the aerospace company’s stock worth $7,557,000 after purchasing an additional 35,608 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in AAR by 4.6% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 97,384 shares of the aerospace company’s stock worth $5,453,000 after purchasing an additional 4,288 shares in the last quarter. Legal & General Group Plc boosted its stake in AAR by 12.1% in the 2nd quarter. Legal & General Group Plc now owns 120,577 shares of the aerospace company’s stock worth $8,294,000 after purchasing an additional 12,976 shares in the last quarter. Finally, Rhumbline Advisers grew its position in AAR by 0.5% during the 2nd quarter. Rhumbline Advisers now owns 112,600 shares of the aerospace company’s stock valued at $7,746,000 after purchasing an additional 542 shares during the last quarter. Hedge funds and other institutional investors own 90.74% of the company’s stock.

AAR Stock Down 6.4%

The company has a market capitalization of $4.39 billion, a PE ratio of 24.59 and a beta of 1.19. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.31 and a current ratio of 2.70. The company’s 50-day moving average is $110.28 and its 200 day moving average is $92.65.

AAR Company Profile

AAR Corp. (NYSE: AIR) is a global provider of aviation products and services to commercial, government and defense customers. The company offers a comprehensive portfolio of maintenance, repair and overhaul (MRO) solutions, component repair and overhaul, and engineering services designed to support a wide variety of fixed-wing and rotary aircraft. Leveraging FAA and EASA certifications, AAR delivers turnkey maintenance programs and ad hoc repair services that enhance aircraft availability and reliability.

In its Aviation Supply Chain Services segment, AAR sources, stores and distributes parts for both commercial airlines and military operators.