Aercap Holdings N.V. $AER Shares Bought by Aberdeen Group plc

Key Points

• Aberdeen Group plc significantly increased its stake in Aercap Holdings N.V. by 1,570.1% during the second quarter, acquiring an additional 487,708 shares, bringing its total holdings to 518,770 shares valued at approximately $60.7 million.
• Aercap reported an EPS of $2.83 for the last quarter, exceeding the consensus estimate of $2.75, despite a 3.6% decline in revenue compared to the prior year.
• The company recently announced a quarterly dividend of $0.27, representing an annual yield of 0.9%, with a low dividend payout ratio of 6.72%.

Aberdeen Group plc raised its stake in Aercap Holdings N.V. (NYSE:AER - Free Report) by 1,570.1% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 518,770 shares of the financial services provider's stock after acquiring an additional 487,708 shares during the quarter. Aberdeen Group plc owned approximately 0.28% of Aercap worth $60,696,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the stock. Fiduciary Alliance LLC lifted its holdings in Aercap by 0.4% in the second quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider's stock valued at $2,727,000 after acquiring an additional 93 shares during the period. Geneos Wealth Management Inc. lifted its holdings in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock valued at $46,000 after acquiring an additional 94 shares during the period. Signaturefd LLC lifted its holdings in Aercap by 1.8% in the first quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider's stock valued at $595,000 after acquiring an additional 102 shares during the period. Citizens National Bank Trust Department lifted its holdings in Aercap by 0.8% in the second quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider's stock valued at $1,634,000 after acquiring an additional 104 shares during the period. Finally, Allworth Financial LP raised its stake in shares of Aercap by 8.0% during the 1st quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider's stock worth $160,000 after buying an additional 116 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.

Aercap Stock Down 0.5%

NYSE AER opened at $120.90 on Friday. The business has a fifty day moving average price of $119.58 and a 200 day moving average price of $112.61. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $126.27. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. The company has a market cap of $22.58 billion, a P/E ratio of 7.52, a P/E/G ratio of 2.42 and a beta of 1.40.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings data 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. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $2.03 billion. During the same period in the prior year, the company earned $3.01 EPS. The firm's 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. Research analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

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

Wall Street Analyst Weigh In

AER has been the subject of several recent analyst reports. Weiss Ratings reissued a "buy (b+)" rating on shares of Aercap in a report on Wednesday. Susquehanna lifted their target price on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research report on Wednesday, August 13th. Morgan Stanley upped 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, Barclays raised their price target on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Aercap currently has an average rating of "Moderate Buy" and a consensus target price 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.

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