Permanens Capital L.P. Boosts Stake in Aercap Holdings N.V. $AER

Key Points

• Permanens Capital L.P. increased its stake in Aercap Holdings N.V. by 59.9%, owning 12,464 shares worth approximately $1.275 million as reported in their latest SEC filing.
• Aercap reported a net margin of 36.93% and a return on equity of 13.13%, but its quarterly revenue decreased by 3.6% year-over-year, totaling $1.89 billion.
• The company declared a quarterly dividend of $0.27 per share, resulting in an annualized dividend yield of 0.9%, with a payout ratio of 6.72%.

Permanens Capital L.P. increased its stake in Aercap Holdings N.V. (NYSE:AER - Free Report) by 59.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 12,464 shares of the financial services provider's stock after purchasing an additional 4,668 shares during the quarter. Permanens Capital L.P.'s holdings in Aercap were worth $1,275,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of AER. Nissay Asset Management Corp Japan ADV raised its stake in shares of Aercap by 0.5% in the first quarter. Nissay Asset Management Corp Japan ADV now owns 24,222 shares of the financial services provider's stock valued at $2,475,000 after buying an additional 126 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Aercap by 282.7% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider's stock worth $680,000 after acquiring an additional 4,919 shares during the last quarter. Integrated Wealth Concepts LLC lifted its holdings in Aercap by 19.0% during the first quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider's stock valued at $271,000 after purchasing an additional 423 shares during the last quarter. Dorsey Asset Management LLC bought a new position in Aercap during the first quarter worth about $116,325,000. Finally, 140 Summer Partners LP boosted its position in Aercap by 4.2% during the first quarter. 140 Summer Partners LP now owns 898,001 shares of the financial services provider's stock worth $91,749,000 after purchasing an additional 36,427 shares during the period. 96.42% of the stock is owned by institutional investors.

Aercap Price Performance

NYSE:AER traded up $2.64 during trading hours on Thursday, hitting $124.07. The stock had a trading volume of 1,585,006 shares, compared to its average volume of 1,534,795. The company has a 50 day simple moving average of $115.57 and a two-hundred day simple moving average of $109.36. The firm has a market capitalization of $23.17 billion, a price-to-earnings ratio of 7.72, a P/E/G ratio of 2.43 and a beta of 1.46. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $125.45.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.75 by $0.08. The firm had revenue of $1.89 billion for the quarter, compared to analysts' expectations 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 quarter in the prior year, the firm posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Research analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is 6.72%.

Analyst Ratings Changes

A number of brokerages recently commented on AER. Susquehanna upped their price target on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research note on Wednesday, August 13th. Barclays increased their target price 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 company an "equal weight" rating in a research report on Thursday, July 17th. Six equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $122.57.

Aercap 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.