Swedbank AB Grows Position in Aercap Holdings N.V. $AER

Key Points

• Swedbank AB increased its stake in Aercap Holdings N.V. by 34.1% to own 127,809 shares, valued at approximately $13 million.
• Aercap has received positive price target adjustments from several analysts, with Barclays raising it to $131.00 and Morgan Stanley to $120.00, reflecting strong optimism in the stock's potential.
• The company reported earnings of $2.83 per share for the last quarter, surpassing expectations and revealing a net margin of 36.93%, despite a year-over-year revenue decline.

Swedbank AB raised its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 34.1% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 127,809 shares of the financial services provider's stock after acquiring an additional 32,483 shares during the period. Swedbank AB owned approximately 0.07% of Aercap worth $13,058,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also bought and sold shares of the company. Geneos Wealth Management Inc. increased its position in Aercap by 26.6% during 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 last quarter. Signaturefd LLC increased its position in Aercap by 1.8% during 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 last quarter. Allworth Financial LP increased its position in Aercap by 8.0% during the first 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 last quarter. Covestor Ltd increased its position in Aercap by 9.6% during the first quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock valued at $145,000 after acquiring an additional 125 shares during the last quarter. Finally, Nissay Asset Management Corp Japan ADV increased its position in Aercap by 0.5% during 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 acquiring an additional 126 shares during the last quarter. Institutional investors own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

AER has been the topic of a number of analyst reports. Barclays boosted their price objective 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. Susquehanna boosted their target price 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. Finally, Morgan Stanley boosted their target price 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. Six equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $122.57.

Aercap Stock Down 0.9%

NYSE:AER traded down $1.09 during mid-day trading on Friday, reaching $120.15. The company's stock had a trading volume of 1,285,414 shares, compared to its average volume of 1,790,165. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $125.45. The stock has a fifty day moving average of $116.41 and a 200-day moving average of $110.32. The firm has a market capitalization of $22.44 billion, a PE ratio of 7.47, a price-to-earnings-growth ratio of 2.43 and a beta of 1.46. 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 (NYSE:AER - Get Free Report) last released 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. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the firm earned $3.01 earnings per share. The firm's revenue for the quarter was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Equities research analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were paid a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $1.08 dividend on an annualized basis and a yield of 0.9%. Aercap's dividend payout ratio is 6.72%.

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.