Aercap Holdings N.V. $AER Holdings Raised by 140 Summer Partners LP

Key Points

• 140 Summer Partners LP increased its stake in Aercap Holdings N.V. by 4.2%, owning a total of 898,001 shares, making it the firm's second largest investment with a worth of $91,749,000.
• Analysts are optimistic about Aercap, with several brokerages raising their price targets; Barclays set an increased target of $131.00, reflecting a general "positive" outlook on the stock.
• Aercap announced a quarterly dividend of $0.27 per share, equating to an annualized dividend of $1.08 and a yield of 0.9%, affecting shareholders of record as of August 13.

140 Summer Partners LP raised its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 4.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 898,001 shares of the financial services provider's stock after buying an additional 36,427 shares during the quarter. Aercap comprises approximately 11.8% of 140 Summer Partners LP's portfolio, making the stock its 2nd biggest position. 140 Summer Partners LP owned 0.48% of Aercap worth $91,749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. American Century Companies Inc. lifted its position in Aercap by 6.5% during the first quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider's stock valued at $13,215,000 after buying an additional 7,896 shares during the period. Mather Group LLC. lifted its position in Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after buying an additional 214 shares during the period. Bank of New York Mellon Corp lifted its position in Aercap by 1.4% during the first quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock valued at $46,219,000 after buying an additional 6,073 shares during the period. Mirae Asset Global Investments Co. Ltd. lifted its position in Aercap by 9.8% during the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock valued at $1,123,000 after buying an additional 978 shares during the period. Finally, Bessemer Group Inc. lifted its position in Aercap by 473.2% during the first quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after buying an additional 1,216 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Stock Performance

Shares of Aercap stock traded up $0.92 during trading hours on Friday, reaching $123.52. 1,670,551 shares of the stock traded hands, compared to its average volume of 1,840,932. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $125.45. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The firm has a market capitalization of $23.07 billion, a price-to-earnings ratio of 7.68, a P/E/G ratio of 2.47 and a beta of 1.46. The company has a 50 day moving average price of $115.20 and a 200 day moving average price of $109.02.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm posted $3.01 EPS. The firm's quarterly revenue was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, equities research analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.27 per share. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is 6.72%.

Analysts Set New Price Targets

AER has been the subject of several recent research reports. Susquehanna raised their price objective on Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research report on Wednesday, August 13th. Barclays lifted their price target on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Morgan Stanley lifted their price target on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. Six research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $122.57.

Aercap Company 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.