12,115 Shares in Aercap Holdings N.V. $AER Bought by Plato Investment Management Ltd

Key Points

• Plato Investment Management bought a new 12,115-share stake in AerCap worth approximately $1.76 million. Institutional investors collectively own 96.42% of the company.
• AerCap reported strong quarterly results, with $5.14 in earnings per share and $2.22 billion in revenue, beating estimates and increasing revenue 14.9% year over year.
• The company authorized a $1 billion share buyback and declared a quarterly dividend of $0.40 per share. Analysts maintain a consensus “Buy” rating with an average price target of $172.56.

Plato Investment Management Ltd purchased a new stake in Aercap Holdings N.V. (NYSE:AER - Free Report) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor purchased 12,115 shares of the financial services provider's stock, valued at approximately $1,756,000.

Other hedge funds also recently added to or reduced their stakes in the company. Groupe la Francaise increased its position in Aercap by 221.4% in the first quarter. Groupe la Francaise now owns 180 shares of the financial services provider's stock worth $25,000 after buying an additional 124 shares during the period. Greenline Wealth Management LLC acquired a new position in shares of Aercap during the fourth quarter valued at $30,000. Advisory Services Network LLC acquired a new position in shares of Aercap during the third quarter valued at $35,000. Cedar Mountain Advisors LLC bought a new position in shares of Aercap during the first quarter worth about $44,000. Finally, Geneos Wealth Management Inc. grew its position in shares of Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock worth $46,000 after acquiring an additional 94 shares during the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Aercap Stock Down 1.4%

AER opened at $150.39 on Tuesday. Aercap Holdings N.V. has a one year low of $112.93 and a one year high of $158.80. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.28 and a current ratio of 0.28. The stock's fifty day moving average is $148.29 and its 200-day moving average is $144.21. The company has a market capitalization of $25.10 billion, a PE ratio of 7.40, a P/E/G ratio of 0.61 and a beta of 0.93.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.14 by $1.00. Aercap had a return on equity of 17.60% and a net margin of 37.85%.The business had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.10 billion. During the same quarter in the prior year, the firm posted $2.83 earnings per share. The company's revenue was up 14.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. On average, equities analysts predict that Aercap Holdings N.V. will post 18.95 EPS for the current fiscal year.

Aercap declared that its Board of Directors has initiated a stock buyback program on Wednesday, April 29th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board of directors believes its stock is undervalued.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Wednesday, August 12th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, August 12th. Aercap's dividend payout ratio is presently 7.87%.

Wall Street Analyst Weigh In

A number of brokerages have recently commented on AER. Zacks Research raised Aercap from a "hold" rating to a "strong-buy" rating in a report on Monday, July 20th. Citigroup upped their price objective on shares of Aercap from $173.00 to $178.00 and gave the stock a "buy" rating in a report on Thursday, July 30th. JPMorgan Chase & Co. increased their target price on shares of Aercap from $150.00 to $155.00 and gave the company an "overweight" rating in a research report on Thursday, April 30th. Susquehanna raised their target price on shares of Aercap from $170.00 to $176.00 and gave the company a "positive" rating in a research note on Tuesday, July 7th. Finally, TD Cowen boosted their price target on shares of Aercap from $175.00 to $180.00 and gave the stock a "buy" rating in a research report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Buy" and an average target price of $172.56.

Aercap Company Profile

AerCap Holdings N.V. NYSE: AER is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

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