Aercap Holdings N.V. $AER Shares Purchased by Rhumbline Advisers

Key Points

• Rhumbline Advisers increased its stake in Aercap Holdings N.V. by 10%, owning 56,486 shares valued at approximately $5.77 million as of the latest SEC filing.
• Multiple analysts have upgraded their price targets for Aercap, with Morgan Stanley setting a target of $120 and Barclays raising theirs to $131, reflecting a strong market outlook.
• Aercap recently reported a quarterly EPS of $2.83, exceeding analyst expectations, despite a revenue decline of 3.6% year-over-year.

Rhumbline Advisers lifted its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 10.0% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 56,486 shares of the financial services provider's stock after purchasing an additional 5,137 shares during the period. Rhumbline Advisers' holdings in Aercap were worth $5,771,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Ameriflex Group Inc. acquired a new position in shares of Aercap in the 4th quarter valued at $27,000. Mather Group LLC. lifted its stake in shares of Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 214 shares during the period. Quarry LP acquired a new position in shares of Aercap in the 1st quarter valued at $37,000. Geneos Wealth Management Inc. lifted its stake in shares of Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 94 shares during the period. Finally, Summit Securities Group LLC acquired a new position in shares of Aercap in the 1st quarter valued at $64,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

AER has been the subject of a number of research analyst reports. Morgan Stanley upped their price objective 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. Barclays upped their price objective 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. Finally, Susquehanna upped their price objective 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 given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average target price of $122.57.

Aercap Stock Performance

NYSE:AER opened at $122.21 on Friday. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $125.45. The stock has a market capitalization of $22.83 billion, a PE ratio of 7.60, a P/E/G ratio of 2.49 and a beta of 1.46. The company has a fifty day moving average of $115.86 and a two-hundred day moving average of $109.66. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share (EPS) 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 business had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same quarter in the prior year, the firm earned $3.01 earnings per share. The company'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. As a group, 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 announced a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were issued a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.9%. Aercap's dividend payout ratio is presently 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.

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