Andra AP fonden Sells 19,500 Shares of Aercap Holdings N.V. $AER

Key Points

• Andra AP fonden cut its Aercap stake by 19.9% in the second quarter, selling 19,500 shares and retaining 78,643 shares valued at approximately $11.5 million. Institutional investors collectively own 96.42% of Aercap.
• 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 maintains a $0.40 quarterly dividend, equivalent to a 1.1% annual yield.
• Wall Street remains broadly positive, with a consensus “Buy” rating and an average price target of $172.56, above the reported share price of $144.20.

Andra AP fonden reduced its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 19.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 78,643 shares of the financial services provider's stock after selling 19,500 shares during the period. Andra AP fonden's holdings in Aercap were worth $11,465,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of AER. Groupe la Francaise boosted its holdings in Aercap by 221.4% in the first quarter. Groupe la Francaise now owns 180 shares of the financial services provider's stock valued at $25,000 after acquiring an additional 124 shares in the last quarter. Trust Co. of Vermont purchased a new position in shares of Aercap during the second quarter valued at about $38,000. Cedar Mountain Advisors LLC bought a new position in Aercap in the first quarter worth about $44,000. Western Wealth Management LLC purchased a new stake in Aercap in the first quarter worth about $60,000. Finally, GAMMA Investing LLC boosted its position in Aercap by 52.8% during the 2nd quarter. GAMMA Investing LLC now owns 457 shares of the financial services provider's stock valued at $67,000 after acquiring an additional 158 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

Aercap Stock Performance

Shares of AER opened at $144.20 on Wednesday. The company has a market cap of $24.06 billion, a price-to-earnings ratio of 7.10, a P/E/G ratio of 0.57 and a beta of 0.93. The business's fifty day simple moving average is $147.71 and its two-hundred day simple moving average is $143.70. Aercap Holdings N.V. has a 12 month low of $118.93 and a 12 month high of $158.80. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 2.32.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.14 by $1.00. The firm had revenue of $2.17 billion during the quarter, compared to analysts' expectations of $2.10 billion. Aercap had a net margin of 37.85% and a return on equity of 17.60%. The firm's quarterly revenue was up 14.9% on a year-over-year basis. During the same period in the previous year, the company earned $2.83 earnings per share. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. Research analysts anticipate that Aercap Holdings N.V. will post 18.95 earnings per share for the current fiscal year.

Aercap Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on AER. Barclays increased their price objective on Aercap from $164.00 to $179.00 and gave the stock an "overweight" rating in a report on Tuesday, July 7th. Truist Financial lifted their price target on shares of Aercap from $175.00 to $180.00 and gave the company a "buy" rating in a research report on Thursday, July 30th. Weiss Ratings cut shares of Aercap from a "buy (a-)" rating to a "buy (b+)" rating in a report on Thursday, July 30th. Susquehanna raised their target price on shares of Aercap from $170.00 to $176.00 and gave the company a "positive" rating in a research note on Tuesday, July 7th. Finally, Morgan Stanley boosted their price target 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 investment analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Aercap has a consensus rating of "Buy" and an average price target of $172.56.

Aercap Company 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. The company provides aircraft, engine and helicopter leasing services to airlines and other aviation customers worldwide.

AerCap's business includes operating leases, finance leases, aircraft sales, asset management and fleet transition services. Its portfolio is centered on commercial passenger aircraft and also includes freighter aircraft, aircraft 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.