AAR (NYSE:AIR) Receives "Hold (C-)" Rating from Weiss Ratings

Key Points

• AAR Corp's stock received a "hold (C-)" rating from Weiss Ratings, reflecting mixed sentiments among analysts regarding its performance.
• Multiple research firms have raised their price targets for AAR, with Truist Financial increasing it to $90.00 and Zacks Research upgrading it to a "strong-buy" rating.
• AAR reported earnings of $1.08 per share for the last quarter, exceeding analysts' expectations, and noted an 11.8% revenue increase year-over-year, totaling $739.60 million.

AAR (NYSE:AIR - Get Free Report)'s stock had its "hold (c-)" rating reissued by equities research analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other research firms have also commented on AIR. Truist Financial raised their price target on AAR from $81.00 to $90.00 and gave the stock a "buy" rating in a research report on Wednesday, September 24th. Zacks Research raised AAR from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, September 30th. KeyCorp raised their price target on AAR from $86.00 to $93.00 and gave the stock an "overweight" rating in a research report on Monday, September 29th. Wall Street Zen raised AAR from a "hold" rating to a "buy" rating in a research report on Sunday, September 28th. Finally, Royal Bank Of Canada reaffirmed an "outperform" rating and set a $85.00 price target on shares of AAR in a research report on Wednesday, September 24th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $89.33.

AAR Trading Up 0.5%

AIR traded up $0.46 during midday trading on Wednesday, reaching $83.52. 111,605 shares of the company were exchanged, compared to its average volume of 359,625. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.91. AAR has a one year low of $46.51 and a one year high of $89.69. The stock has a market capitalization of $3.27 billion, a P/E ratio of 107.24 and a beta of 1.52. The stock's 50-day simple moving average is $77.00 and its 200 day simple moving average is $68.27.

AAR (NYSE:AIR - Get Free Report) last issued its earnings results on Tuesday, September 23rd. The aerospace company reported $1.08 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.10. AAR had a return on equity of 12.29% and a net margin of 1.01%.The firm had revenue of $739.60 million for the quarter, compared to analysts' expectations of $692.47 million. During the same quarter last year, the business earned $0.50 earnings per share. The company's revenue was up 11.8% compared to the same quarter last year. AAR has set its Q2 2026 guidance at EPS. As a group, analysts forecast that AAR will post 3.77 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other AAR news, CFO Sean M. Gillen sold 18,000 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $77.37, for a total value of $1,392,660.00. Following the completion of the transaction, the chief financial officer owned 99,868 shares of the company's stock, valued at $7,726,787.16. This represents a 15.27% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO John Mcclain Holmes III sold 31,551 shares of the company's stock in a transaction dated Thursday, July 24th. The shares were sold at an average price of $78.03, for a total value of $2,461,924.53. Following the sale, the chief executive officer owned 360,921 shares in the company, valued at approximately $28,162,665.63. The trade was a 8.04% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 95,182 shares of company stock worth $7,331,452 over the last 90 days. Corporate insiders own 3.60% of the company's stock.

Hedge Funds Weigh In On AAR

Institutional investors and hedge funds have recently bought and sold shares of the company. State Street Corp boosted its holdings in shares of AAR by 10.9% in the second quarter. State Street Corp now owns 1,917,821 shares of the aerospace company's stock worth $131,927,000 after acquiring an additional 188,406 shares during the period. Westwood Holdings Group Inc. boosted its stake in AAR by 10.3% during the first quarter. Westwood Holdings Group Inc. now owns 1,589,320 shares of the aerospace company's stock valued at $88,986,000 after buying an additional 148,166 shares during the period. Invesco Ltd. lifted its stake in AAR by 4.2% during the second quarter. Invesco Ltd. now owns 1,208,796 shares of the aerospace company's stock worth $83,153,000 after purchasing an additional 48,376 shares during the last quarter. Franklin Resources Inc. increased its holdings in shares of AAR by 0.5% in the second quarter. Franklin Resources Inc. now owns 842,909 shares of the aerospace company's stock worth $57,984,000 after buying an additional 4,608 shares during the period. Finally, Geode Capital Management LLC increased its holdings in shares of AAR by 1.4% in the second quarter. Geode Capital Management LLC now owns 838,492 shares of the aerospace company's stock worth $57,687,000 after buying an additional 11,170 shares during the period. 90.74% of the stock is owned by institutional investors.

AAR Company Profile

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes.

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