Groupe la Francaise Buys Shares of 47,477 Aercap Holdings N.V. $AER

Key Points

• Groupe la Francaise has acquired 47,477 shares of Aercap Holdings N.V., valued at approximately $4.88 million, indicating growing institutional interest in the company.
• Aercap's stock has seen a 1.2% increase, with its twelve-month price range being $85.57 to $120.48, reflecting a stable performance in the market.
• The company has declared a quarterly dividend of $0.27 per share, with an annualized yield of 0.9%, showing its commitment to returning value to shareholders.

Groupe la Francaise acquired a new stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The fund acquired 47,477 shares of the financial services provider's stock, valued at approximately $4,879,000.

A number of other hedge funds have also recently modified their holdings of AER. Alyeska Investment Group L.P. boosted its holdings in Aercap by 139.1% in the 4th quarter. Alyeska Investment Group L.P. now owns 1,505,799 shares of the financial services provider's stock worth $144,105,000 after buying an additional 875,950 shares during the period. TOMS Capital Investment Management LP boosted its holdings in Aercap by 118.8% in the 4th quarter. TOMS Capital Investment Management LP now owns 1,398,000 shares of the financial services provider's stock worth $133,789,000 after buying an additional 759,000 shares during the period. Millennium Management LLC boosted its holdings in Aercap by 190.7% in the 4th quarter. Millennium Management LLC now owns 1,074,931 shares of the financial services provider's stock worth $102,871,000 after buying an additional 705,212 shares during the period. JPMorgan Chase & Co. boosted its holdings in Aercap by 43.7% in the 1st quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider's stock worth $234,843,000 after buying an additional 699,520 shares during the period. Finally, Northern Trust Corp boosted its holdings in Aercap by 90.9% in the 4th quarter. Northern Trust Corp now owns 1,396,937 shares of the financial services provider's stock worth $133,687,000 after buying an additional 664,990 shares during the period. Institutional investors own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. Susquehanna increased their price objective on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a report on Wednesday, August 13th. Barclays upped their target price on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. JPMorgan Chase & Co. boosted their price objective on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Finally, Morgan Stanley raised their price objective on Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research note on Thursday, July 17th. Six investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $122.57.

Aercap Trading Down 0.5%

Aercap stock traded down $0.66 during midday trading on Wednesday, reaching $123.03. The stock had a trading volume of 2,117,161 shares, compared to its average volume of 1,505,853. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $123.79. The firm has a market cap of $22.98 billion, a price-to-earnings ratio of 7.65, a price-to-earnings-growth ratio of 2.41 and a beta of 1.44. The company has a fifty day moving average of $113.89 and a 200 day moving average of $107.72.

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

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 4th. Shareholders of record on Wednesday, August 13th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a $1.08 dividend on an annualized basis and a yield of 0.9%. Aercap's payout ratio is 6.72%.

About Aercap

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.