Assenagon Asset Management S.A. Trims Stock Position in Aercap Holdings N.V. $AER

Assenagon Asset Management S.A. lowered its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 61.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 325,337 shares of the financial services provider's stock after selling 510,320 shares during the quarter. Assenagon Asset Management S.A. owned approximately 0.19% of Aercap worth $47,428,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Arbejdsmarkedets Tillaegspension bought a new position in Aercap in the fourth quarter worth approximately $23,935,000. Public Employees Retirement System of Ohio raised its position in shares of Aercap by 29.2% in the 1st quarter. Public Employees Retirement System of Ohio now owns 92,152 shares of the financial services provider's stock worth $12,641,000 after acquiring an additional 20,808 shares in the last quarter. Convergence Investment Partners LLC purchased a new position in Aercap in the fourth quarter valued at about $1,520,000. Mitsubishi UFJ Asset Management Co. Ltd. grew its stake in Aercap by 6.3% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 175,986 shares of the financial services provider's stock valued at $25,453,000 after purchasing an additional 10,447 shares during the last quarter. Finally, Nippon Life Global Investors Americas Inc. raised its holdings in Aercap by 4.2% in the fourth quarter. Nippon Life Global Investors Americas Inc. now owns 189,430 shares of the financial services provider's stock worth $27,232,000 after purchasing an additional 7,660 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

Aercap Price Performance

Shares of NYSE AER opened at $151.84 on Friday. The business's 50 day moving average price is $146.53 and its 200 day moving average price is $143.92. The firm has a market cap of $25.34 billion, a P/E ratio of 7.47, a P/E/G ratio of 0.60 and a beta of 0.93. Aercap Holdings N.V. has a 52 week low of $109.21 and a 52 week high of $158.80. 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 (NYSE:AER - Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.14 by $1.00. The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.10 billion. Aercap had a net margin of 37.85% and a return on equity of 17.60%. Aercap's revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period last year, the firm posted $2.83 EPS. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. On average, sell-side analysts expect that Aercap Holdings N.V. will post 18.95 earnings per share for the current year.

Aercap announced that its Board of Directors has approved a share repurchase program on Wednesday, April 29th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy up to 4.3% of its stock through open market purchases. Stock repurchase programs are typically a sign that the company's leadership believes its shares are undervalued.

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Shareholders of record on Wednesday, August 12th will be paid a dividend of $0.40 per share. The ex-dividend date is Wednesday, August 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Aercap's dividend payout ratio (DPR) is presently 7.87%.

Analysts Set New Price Targets

Several analysts have commented on AER shares. Susquehanna increased their price target on shares of Aercap from $170.00 to $176.00 and gave the company a "positive" rating in a research report on Tuesday, July 7th. Citigroup increased their price objective on Aercap from $173.00 to $178.00 and gave the company a "buy" rating in a report on Thursday, July 30th. Barclays raised their price objective on Aercap from $164.00 to $179.00 and gave the stock an "overweight" rating in a research report on Tuesday, July 7th. Morgan Stanley upped their price objective on shares of Aercap from $155.00 to $165.00 and gave the company an "equal weight" rating in a report on Thursday, July 30th. Finally, TD Cowen increased their price objective on shares of Aercap from $175.00 to $180.00 and gave the company a "buy" rating in a research report on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Buy" and an average target price of $172.56.

Aercap Profile

AerCap Holdings N.V. NYSE: AER is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.

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