Aercap Holdings N.V. $AER Shares Acquired by Hsbc Holdings PLC

Key Points

• Hsbc Holdings PLC increased its stake in Aercap Holdings N.V. by 5.1%, acquiring an additional 4,076 shares, bringing their total holdings to 84,458 shares valued at approximately $8.6 million.
• Aercap recently reported earnings per share (EPS) of $2.83, exceeding estimates, despite a year-over-year revenue decline of 3.6%.
• The company announced a quarterly dividend of $0.27, with a payout ratio of 6.72%, scheduled for payment to shareholders on September 4th.

Hsbc Holdings PLC grew its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 5.1% in the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,458 shares of the financial services provider's stock after buying an additional 4,076 shares during the quarter. Hsbc Holdings PLC's holdings in Aercap were worth $8,596,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AER. Signaturefd LLC increased its position in Aercap by 1.8% during the 1st quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider's stock worth $595,000 after purchasing an additional 102 shares in the last quarter. Allworth Financial LP raised its stake in shares of Aercap by 8.0% in the 1st quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider's stock valued at $160,000 after acquiring an additional 116 shares during the period. Covestor Ltd increased its position in shares of Aercap by 9.6% during the first quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock worth $145,000 after acquiring an additional 125 shares during the last quarter. Measured Wealth Private Client Group LLC grew its stake in Aercap by 3.1% during the 1st quarter. Measured Wealth Private Client Group LLC now owns 5,080 shares of the financial services provider's stock valued at $519,000 after purchasing an additional 154 shares in the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its holdings in Aercap by 0.9% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 24,096 shares of the financial services provider's stock worth $2,301,000 after purchasing an additional 209 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Trading Up 1.2%

Shares of AER stock opened at $119.5050 on Monday. The stock has a 50-day simple moving average of $113.63 and a 200 day simple moving average of $107.45. The stock has a market capitalization of $22.32 billion, a P/E ratio of 7.43, a P/E/G ratio of 2.39 and a beta of 1.44. 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 fifty-two week low of $85.57 and a fifty-two week high of $120.48.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating the consensus estimate of $2.75 by $0.08. The business had revenue of $1.89 billion during 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 business's quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the prior year, the business earned $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, sell-side analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 13th will be paid a $0.27 dividend. 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 dividend payout ratio (DPR) is currently 6.72%.

Wall Street Analyst Weigh In

AER has been the topic of a number of research analyst reports. Morgan Stanley increased their price objective on shares of Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research note on Thursday, July 17th. JPMorgan Chase & Co. increased their target price on shares of Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Barclays raised their target price on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Finally, Susquehanna increased their price target on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report on Wednesday, August 13th. Six equities 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's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target 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.

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