Aercap Holdings N.V. $AER Position Boosted by Vanguard Group Inc.

Key Points

• Vanguard Group Inc. increased its stake in Aercap Holdings N.V. by 1.4%, owning approximately 463,159 shares valued at $47.3 million at the end of the last quarter.
• Aercap reported an EPS of $2.83 for the quarter, exceeding estimates by $0.08, despite revenues declining 3.6% year-over-year.
• The company announced a quarterly dividend of $0.27 per share, with a dividend yield of 0.9%, reflecting a payout ratio of 6.72%.

Vanguard Group Inc. increased its stake in Aercap Holdings N.V. (NYSE:AER - Free Report) by 1.4% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 463,159 shares of the financial services provider's stock after purchasing an additional 6,262 shares during the quarter. Vanguard Group Inc. owned about 0.25% of Aercap worth $47,321,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. 59 North Capital Management LP lifted its holdings in Aercap by 17.0% in the fourth quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock worth $354,560,000 after purchasing an additional 538,703 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Aercap by 22.9% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock worth $249,595,000 after purchasing an additional 485,999 shares during the period. Ameriprise Financial Inc. raised its position in Aercap by 12.9% in the fourth quarter. Ameriprise Financial Inc. now owns 1,913,857 shares of the financial services provider's stock worth $183,199,000 after acquiring an additional 218,930 shares in the last quarter. Alyeska Investment Group L.P. raised its position in Aercap by 139.1% in the fourth quarter. Alyeska Investment Group L.P. now owns 1,505,799 shares of the financial services provider's stock worth $144,105,000 after acquiring an additional 875,950 shares in the last quarter. Finally, TOMS Capital Investment Management LP raised its position in Aercap by 118.8% in the fourth quarter. TOMS Capital Investment Management LP now owns 1,398,000 shares of the financial services provider's stock worth $133,789,000 after acquiring an additional 759,000 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Trading Down 0.1%

NYSE AER traded down $0.18 on Friday, hitting $123.62. 1,753,048 shares of the company were exchanged, compared to its average volume of 1,737,158. The company's 50 day moving average price is $114.40 and its 200-day moving average price is $108.32. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The firm has a market capitalization of $23.09 billion, a P/E ratio of 7.69, a price-to-earnings-growth ratio of 2.47 and a beta of 1.45. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $124.48.

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 (EPS) 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 the consensus estimate of $2.03 billion. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The business's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts have commented on the stock. Barclays boosted their price target on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Morgan Stanley boosted their price target on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. Finally, Susquehanna boosted their price target on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report on Wednesday, August 13th. Six research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $122.57.

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.