Annandale Capital LLC Takes $2.34 Million Position in Aercap Holdings N.V. $AER

Annandale Capital LLC bought a new stake in Aercap Holdings N.V. (NYSE:AER) during the second quarter, HoldingsChannel.com reports. The fund bought 20,000 shares of the financial services provider’s stock, valued at approximately $2,340,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Quarry LP bought a new stake in shares of Aercap in the 1st quarter valued at approximately $37,000. Caitong International Asset Management Co. Ltd acquired a new stake in Aercap in the 2nd quarter valued at $43,000. Geneos Wealth Management Inc. grew its position in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares during the period. Whittier Trust Co. bought a new stake in Aercap in the second quarter valued at $53,000. Finally, Summit Securities Group LLC acquired a new position in Aercap during the first quarter worth $64,000. Institutional investors own 96.42% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently commented on AER. Morgan Stanley boosted their target price on shares of Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. Bank of America boosted their price target on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. TD Cowen upped their price objective on shares of Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Cowen reiterated a “buy” rating on shares of Aercap in a research note on Thursday, October 30th. Finally, Susquehanna boosted their target price on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a report on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $144.17.

Aercap Stock Performance

Shares of Aercap stock opened at $138.09 on Thursday. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.30 and a quick ratio of 0.30. The firm has a 50 day simple moving average of $127.87 and a 200 day simple moving average of $120.15. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $138.63. The firm has a market cap of $25.79 billion, a P/E ratio of 6.54, a P/E/G ratio of 0.69 and a beta of 1.13.

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

Aercap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th will be issued a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 12th. Aercap’s payout ratio is currently 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.