Aercap Holdings N.V. $AER Stock: Cooke & Bieler LP Cuts Position

Key Points

• Cooke & Bieler LP reduced its AerCap stake by 29.8% in the third quarter, selling 276,266 shares and retaining 651,665 shares valued at approximately $93.5 million. Institutional investors collectively own 96.42% of AerCap.
• Analysts remain broadly positive on AER, with one Strong Buy, eight Buy and two Hold ratings. The consensus rating is “Moderate Buy,” with an average price target of $173.11.
• AerCap shares opened at $147.93, while the company recently exceeded quarterly earnings expectations with $5.14 in EPS versus a $4.14 consensus estimate. It also pays a quarterly dividend of $0.40, equivalent to a 1.1% annual yield.

Cooke & Bieler LP lowered its stake in Aercap Holdings N.V. (NYSE:AER - Free Report) by 29.8% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 651,665 shares of the financial services provider's stock after selling 276,266 shares during the period. Aercap comprises 1.4% of Cooke & Bieler LP's investment portfolio, making the stock its 29th biggest position. Cooke & Bieler LP owned approximately 0.39% of Aercap worth $93,527,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Groupe la Francaise grew its position in shares of Aercap by 221.4% during the first quarter. Groupe la Francaise now owns 180 shares of the financial services provider's stock worth $25,000 after buying an additional 124 shares in the last quarter. Trust Co. of Vermont purchased a new stake in shares of Aercap during the second quarter worth approximately $38,000. Cedar Mountain Advisors LLC acquired a new stake in Aercap in the first quarter valued at approximately $44,000. Mather Group LLC. raised its holdings in Aercap by 75.0% in the third quarter. Mather Group LLC. now owns 392 shares of the financial services provider's stock valued at $56,000 after acquiring an additional 168 shares in the last quarter. Finally, Western Wealth Management LLC acquired a new stake in Aercap in the first quarter valued at approximately $60,000. Hedge funds and other institutional investors own 96.42% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on AER shares. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and issued a $190.00 price target on shares of Aercap in a research note on Thursday, July 30th. Weiss Ratings upgraded shares of Aercap from a "buy (b+)" rating to a "buy (a-)" rating in a report on Thursday, October 8th. TD Cowen increased their price objective on shares of Aercap from $180.00 to $185.00 and gave the company a "buy" rating in a research report on Monday, October 12th. Truist Financial set a $180.00 price objective on shares of Aercap in a report on Monday, October 5th. Finally, Susquehanna raised their price objective on shares of Aercap from $170.00 to $176.00 and gave the company a "positive" rating in a report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $173.11.

Aercap Stock Up 2.4%

Shares of NYSE AER opened at $147.93 on Thursday. The business has a 50-day moving average price of $145.23 and a 200 day moving average price of $145.00. The stock has a market cap of $24.69 billion, a PE ratio of 7.43, a price-to-earnings-growth ratio of 0.57 and a beta of 0.98. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 2.32. Aercap Holdings N.V. has a 52-week low of $118.96 and a 52-week high of $158.80.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $5.14 EPS for the quarter, topping the consensus estimate of $4.14 by $1.00. The company had revenue of $2.17 billion for the quarter, compared to analyst estimates of $2.10 billion. Aercap had a return on equity of 17.60% and a net margin of 37.85%. During the same quarter in the previous year, the company posted $2.83 earnings per share. The firm's 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. Equities research analysts forecast that Aercap Holdings N.V. will post 19.26 earnings per share for the current year.

Aercap Dividend Announcement

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

Aercap Profile

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland, and listed on the New York Stock Exchange under the symbol AER. Through its subsidiaries, AerCap owns, manages and leases commercial aircraft, engines and helicopters to airlines and other aviation customers worldwide.

The company provides operating leases, finance leases, aircraft trading and asset management services. Its fleet portfolio includes aircraft from major manufacturers such as Airbus and Boeing, as well as engines and helicopters.

Want to see what other hedge funds are holding AER? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Aercap Holdings N.V. (NYSE:AER - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.