KeyCorp Forecasts Strong Price Appreciation for AAR (NYSE:AIR) Stock

AAR (NYSE:AIR) had its price objective upped by stock analysts at KeyCorp from $109.00 to $120.00 in a report issued on Wednesday,Benzinga reports. The brokerage currently has an “overweight” rating on the aerospace company’s stock. KeyCorp’s price target points to a potential upside of 8.21% from the stock’s previous close.

A number of other research analysts have also commented on the company. Jefferies Financial Group upped their price target on AAR to $150.00 and gave the stock a “buy” rating in a report on Tuesday. Weiss Ratings restated a “hold (c-)” rating on shares of AAR in a research note on Monday, December 29th. Wall Street Zen raised shares of AAR from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Royal Bank Of Canada upped their target price on shares of AAR from $90.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, January 7th. Finally, The Goldman Sachs Group began coverage on shares of AAR in a report on Monday, January 26th. They issued a “neutral” rating and a $121.00 price target for the company. Four investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.80.

AAR Trading Down 6.4%

Shares of NYSE:AIR opened at $110.90 on Wednesday. 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 stock’s 50-day moving average is $110.28 and its 200-day moving average is $92.65. The company has a market cap of $4.39 billion, a P/E ratio of 24.59 and a beta of 1.19. AAR has a 52-week low of $46.51 and a 52-week high of $122.97.

AAR (NYSE:AIR) last posted its quarterly earnings data on Tuesday, March 24th. The aerospace company reported $1.25 earnings per share for the quarter, topping the consensus estimate of $1.21 by $0.04. AAR had a return on equity of 12.39% and a net margin of 5.46%.The business had revenue of $845.10 million during the quarter, compared to analysts’ expectations of $812.58 million. During the same quarter in the previous year, the firm earned $0.99 EPS. The firm’s revenue was up 24.6% compared to the same quarter last year. Equities research analysts predict that AAR will post 3.77 earnings per share for the current year.

Insider Transactions at AAR

In other AAR news, SVP Christopher A. Jessup sold 23,621 shares of the business’s stock in a transaction on Friday, January 9th. The shares were sold at an average price of $97.05, for a total value of $2,292,418.05. Following the sale, the senior vice president owned 65,769 shares of the company’s stock, valued at $6,382,881.45. The trade was a 26.42% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CFO Sarah Louise Flanagan sold 10,750 shares of the stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $108.56, for a total transaction of $1,167,020.00. Following the completion of the transaction, the chief financial officer owned 32,848 shares of the company’s stock, valued at approximately $3,565,978.88. This represents a 24.66% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 128,984 shares of company stock valued at $12,517,090. Company insiders own 3.60% of the company’s stock.

Institutional Trading of AAR

Institutional investors have recently made changes to their positions in the business. Lido Advisors LLC raised its position in AAR by 2.8% in the 4th quarter. Lido Advisors LLC now owns 3,618 shares of the aerospace company’s stock valued at $318,000 after purchasing an additional 98 shares during the last quarter. Smartleaf Asset Management LLC grew its holdings in shares of AAR by 12.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 1,162 shares of the aerospace company’s stock worth $97,000 after purchasing an additional 126 shares during the last quarter. Arizona State Retirement System increased its stake in shares of AAR by 1.4% in the third quarter. Arizona State Retirement System now owns 10,683 shares of the aerospace company’s stock valued at $958,000 after buying an additional 147 shares in the last quarter. CWM LLC increased its stake in shares of AAR by 19.3% in the fourth quarter. CWM LLC now owns 950 shares of the aerospace company’s stock valued at $79,000 after buying an additional 154 shares in the last quarter. Finally, Captrust Financial Advisors raised its holdings in shares of AAR by 5.2% in the fourth quarter. Captrust Financial Advisors now owns 3,395 shares of the aerospace company’s stock valued at $281,000 after buying an additional 168 shares during the last quarter. 90.74% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting AAR

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

About AAR

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.