Balefire LLC Makes New $297,000 Investment in Aercap Holdings N.V. $AER

Key Points

• Balefire LLC has invested approximately $297,000 in Aercap Holdings N.V., acquiring 2,540 shares during the second quarter.
• Aercap reported a quarterly earnings per share (EPS) of $2.83, exceeding analysts' expectations of $2.75 but showing a revenue decline of 3.6% year-over-year.
• Several large investors have increased their holdings in Aercap, with 96.42% of the stock now owned by institutional investors and hedge funds.

Balefire LLC bought a new stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,540 shares of the financial services provider's stock, valued at approximately $297,000.

Several other institutional investors also recently added to or reduced their stakes in AER. Fiduciary Alliance LLC boosted its position in Aercap by 0.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider's stock valued at $2,727,000 after buying an additional 93 shares during the period. Geneos Wealth Management Inc. boosted its holdings in shares of Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock valued at $46,000 after purchasing an additional 94 shares during the period. Signaturefd LLC boosted its holdings in shares of Aercap by 1.8% in the first quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider's stock valued at $595,000 after purchasing an additional 102 shares during the period. Allworth Financial LP grew its stake in Aercap by 8.0% in the first quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider's stock worth $160,000 after purchasing an additional 116 shares in the last quarter. Finally, Covestor Ltd increased its holdings in Aercap by 9.6% during the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock worth $145,000 after purchasing an additional 125 shares during the period. Hedge funds and other institutional investors own 96.42% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on AER shares. Barclays upped their target price on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Susquehanna upped their price objective on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research note on Wednesday, August 13th. Finally, Morgan Stanley raised their target price on shares of Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. Six equities research 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. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $122.57.

Aercap Stock Up 1.7%

AER traded up $2.09 during trading on Monday, hitting $122.30. The stock had a trading volume of 825,548 shares, compared to its average volume of 1,740,650. The stock has a 50 day simple moving average of $116.56 and a two-hundred day simple moving average of $110.60. 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 twelve month low of $85.57 and a twelve month high of $125.45. The company has a market capitalization of $22.84 billion, a PE ratio of 7.61, a PEG ratio of 2.41 and a beta of 1.45.

Aercap (NYSE:AER - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating the consensus estimate of $2.75 by $0.08. The firm had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The business's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, research analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Shareholders of record on Wednesday, August 13th were issued a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is currently 6.72%.

About Aercap

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.