Aercap Holdings N.V. $AER Shares Sold by Atria Wealth Solutions Inc.

Key Points

• Atria Wealth Solutions Inc. decreased its stake in Aercap Holdings N.V. by 43.5%, selling 2,413 shares and holding 3,134 shares valued at approximately $321,000 post-sale.
• Despite Atria's sell-off, other hedge funds increased their positions in Aercap, with notable increases including Bessemer Group Inc. raising their stake by 473.2%.
• Wall Street analysts are optimistic about Aercap, with target price increases from multiple firms, including JPMorgan Chase raising it to $114.00 and Barclays to $131.00, reflecting a consensus of a "Moderate Buy" rating.

Atria Wealth Solutions Inc. decreased its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 43.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,134 shares of the financial services provider's stock after selling 2,413 shares during the period. Atria Wealth Solutions Inc.'s holdings in Aercap were worth $321,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. 59 North Capital Management LP raised its stake in Aercap by 17.0% in the 4th quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock valued at $354,560,000 after purchasing an additional 538,703 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in Aercap by 22.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock valued at $249,595,000 after purchasing an additional 485,999 shares during the last quarter. Lord Abbett & CO. LLC raised its stake in Aercap by 8.6% in the 4th quarter. Lord Abbett & CO. LLC now owns 2,271,769 shares of the financial services provider's stock valued at $217,408,000 after purchasing an additional 179,539 shares during the last quarter. Ameriprise Financial Inc. raised its stake in Aercap by 12.9% in the 4th quarter. Ameriprise Financial Inc. now owns 1,913,857 shares of the financial services provider's stock valued at $183,199,000 after purchasing an additional 218,930 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its stake in Aercap by 1.3% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 1,764,609 shares of the financial services provider's stock valued at $168,874,000 after purchasing an additional 22,156 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Trading Up 0.4%

Shares of NYSE AER traded up $0.5140 during mid-day trading on Wednesday, reaching $115.7040. 1,614,520 shares of the company's stock were exchanged, compared to its average volume of 1,492,890. The firm has a market capitalization of $21.61 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 2.31 and a beta of 1.44. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $118.07. The company's 50-day moving average is $113.52 and its 200-day moving average is $106.98.

Aercap (NYSE:AER - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share 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 prior year, the business posted $3.01 EPS. The company's 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. Analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th will be paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is presently 6.72%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on AER shares. JPMorgan Chase & Co. raised their target price on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research note on Thursday, May 1st. Barclays raised their target price on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research note on Thursday, July 10th. Morgan Stanley raised their target price on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research note on Thursday, July 17th. Finally, Susquehanna raised their target price on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research note on Wednesday, August 13th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently 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.