Aercap Holdings N.V. $AER Stock Acquired by Assenagon Asset Management S.A.

Key Points

• Assenagon Asset Management increased its AerCap stake by 10.2% in the third quarter, purchasing 33,240 additional shares and bringing its holdings to 358,577 shares worth approximately $51.5 million. Institutional investors collectively own 96.42% of AerCap.
• Wall Street remains broadly positive on AER, with one Strong Buy, eight Buy and two Hold ratings. The consensus price target is $173.11, above the stock’s reported price of $145.68.
• AerCap reported quarterly EPS of $5.14, beating estimates by $1.00, while revenue rose 14.9% year over year to $2.17 billion. The company also pays a quarterly dividend of $0.40 per share, yielding about 1.1% annually.

Assenagon Asset Management S.A. boosted its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 10.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 358,577 shares of the financial services provider's stock after purchasing an additional 33,240 shares during the quarter. Assenagon Asset Management S.A. owned about 0.21% of Aercap worth $51,463,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in the business. Ninety One UK Ltd boosted its stake in Aercap by 12.0% during the third quarter. Ninety One UK Ltd now owns 2,275,507 shares of the financial services provider's stock valued at $326,581,000 after buying an additional 243,488 shares in the last quarter. Ninety One North America Inc. raised its holdings in shares of Aercap by 17.1% in the 3rd quarter. Ninety One North America Inc. now owns 30,137 shares of the financial services provider's stock worth $4,325,000 after purchasing an additional 4,411 shares in the last quarter. ZWJ Investment Counsel Inc. bought a new stake in shares of Aercap in the 3rd quarter worth approximately $247,000. Mather Group LLC. lifted its stake in Aercap by 75.0% during the third quarter. Mather Group LLC. now owns 392 shares of the financial services provider's stock valued at $56,000 after purchasing an additional 168 shares during the last quarter. Finally, Fortitude Family Office LLC lifted its stake in Aercap by 318.7% during the third quarter. Fortitude Family Office LLC now owns 1,118 shares of the financial services provider's stock valued at $160,000 after purchasing an additional 851 shares during the last quarter. Institutional investors own 96.42% of the company's stock.

Wall Street Analyst Weigh In

Several research firms have issued reports on AER. Citigroup upped their price target on Aercap from $173.00 to $178.00 and gave the company a "buy" rating in a report on Thursday, July 30th. TD Cowen raised their price objective on Aercap from $180.00 to $185.00 and gave the stock a "buy" rating in a research note on Monday, October 12th. Susquehanna lifted their target price on Aercap from $170.00 to $176.00 and gave the stock a "positive" rating in a report on Tuesday, July 7th. Barclays lifted their target price on Aercap from $164.00 to $179.00 and gave the stock an "overweight" rating in a report on Tuesday, July 7th. Finally, Morgan Stanley boosted their target price on Aercap from $155.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, Aercap has an average rating of "Moderate Buy" and a consensus price target of $173.11.

Aercap Stock Down 0.2%

Aercap stock opened at $145.68 on Friday. The firm has a market cap of $24.31 billion, a PE ratio of 7.17, a P/E/G ratio of 0.57 and a beta of 0.98. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.28 and a current ratio of 0.28. The firm's 50 day moving average price is $145.46 and its two-hundred day moving average price is $144.76. Aercap Holdings N.V. has a twelve month low of $118.96 and a twelve month high of $158.80.

Aercap (NYSE:AER - Get Free Report) last issued its earnings results on Wednesday, July 29th. The financial services provider reported $5.14 EPS for the quarter, beating analysts' consensus estimates of $4.14 by $1.00. Aercap had a return on equity of 17.60% and a net margin of 37.85%. The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the previous year, the company posted $2.83 earnings per share. The business's quarterly revenue was up 14.9% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. On average, research analysts predict that Aercap Holdings N.V. will post 19.26 EPS for the current fiscal year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 12th were paid a dividend of $0.40 per share. The ex-dividend date was Wednesday, August 12th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Aercap's dividend payout ratio is 7.87%.

Aercap Company Profile

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland. The company provides aircraft leasing and aviation finance services to airlines and other aviation customers worldwide, helping them access commercial aircraft and related equipment without owning the assets outright.

AerCap's business includes the leasing, purchase, sale and financing of commercial passenger aircraft, cargo aircraft, engines and helicopters. It also provides asset management and fleet planning services, and supports customers through aircraft transitions, remarketing, maintenance coordination and other lifecycle activities.

The company serves airlines across major aviation markets, including North America, Europe, Asia-Pacific, the Middle East, Latin America and Africa.

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