Amundi Has $289.17 Million Stake in Aercap Holdings N.V. $AER

Key Points

• Amundi has reduced its stake in Aercap Holdings N.V. by 10.9%, now owning approximately 2,931,230 shares valued at about $289 million.
• Aercap reported earnings of $2.83 per share for the last quarter, exceeding analyst expectations, but experienced a revenue decline of 3.6% year-over-year.
• The company announced a quarterly dividend of $0.27, reflecting a dividend yield of 0.9% and a payout ratio of 6.72%.

Amundi lowered its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 10.9% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,931,230 shares of the financial services provider's stock after selling 359,539 shares during the quarter. Amundi owned 1.57% of Aercap worth $289,166,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. American Century Companies Inc. grew its holdings in shares of Aercap by 6.5% during the 1st quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider's stock worth $13,215,000 after purchasing an additional 7,896 shares in the last quarter. Mather Group LLC. grew its holdings in shares of Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after purchasing an additional 214 shares in the last quarter. Bank of New York Mellon Corp grew its holdings in shares of Aercap by 1.4% during the 1st quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock worth $46,219,000 after purchasing an additional 6,073 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in shares of Aercap by 9.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock worth $1,123,000 after purchasing an additional 978 shares in the last quarter. Finally, Bessemer Group Inc. grew its holdings in shares of Aercap by 473.2% during the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock worth $150,000 after purchasing an additional 1,216 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Trading Down 0.8%

Shares of AER stock traded down $0.97 on Tuesday, reaching $122.03. 448,990 shares of the stock were exchanged, compared to its average volume of 1,530,350. The stock has a market cap of $22.79 billion, a PE ratio of 7.59, a P/E/G ratio of 2.47 and a beta of 1.45. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $125.45. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The stock has a 50 day moving average price of $115.32 and a 200 day moving average price of $109.19.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, topping analysts' consensus estimates of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The business had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $2.03 billion. During the same period in the previous year, the firm earned $3.01 earnings per share. The firm's quarterly 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. Equities research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were paid 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 payout ratio is 6.72%.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on the company. Morgan Stanley lifted their price objective on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Susquehanna increased their target price 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. Finally, Barclays increased their target price 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. Six 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's stock. According to data from MarketBeat.com, Aercap presently has a consensus rating of "Moderate Buy" and an average price target 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.