Belpointe Asset Management LLC Has $403,000 Stake in Aercap Holdings N.V. $AER

Key Points

• Belpointe Asset Management LLC reduced its stake in Aercap Holdings N.V. by 39% in the second quarter, currently holding shares valued at $403,000.
• Aercap reported earnings per share of $2.83 for its most recent quarter, surpassing expectations, but its revenue fell 3.6% year-over-year.
• Major analyst firms have increased their price targets for Aercap, with Barclays noting a new target of $131.00 and maintaining an "overweight" rating.

Belpointe Asset Management LLC decreased its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 39.0% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,448 shares of the financial services provider's stock after selling 2,202 shares during the quarter. Belpointe Asset Management LLC's holdings in Aercap were worth $403,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. Mather Group LLC. grew its position 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 buying an additional 214 shares during the period. Quarry LP acquired a new stake in shares of Aercap during the 1st quarter worth approximately $37,000. Geneos Wealth Management Inc. grew its position in shares of Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider's stock worth $46,000 after buying an additional 94 shares during the period. Summit Securities Group LLC acquired a new stake in shares of Aercap during the 1st quarter worth approximately $64,000. Finally, Blue Trust Inc. grew its position in shares of Aercap by 42.2% during the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after buying an additional 391 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Price Performance

Shares of NYSE:AER opened at $120.90 on Friday. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. The stock's fifty day simple moving average is $119.58 and its two-hundred day simple moving average is $112.54. Aercap Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $126.27. The stock has a market cap of $22.58 billion, a PE ratio of 7.52, a price-to-earnings-growth ratio of 2.43 and a beta of 1.40.

Aercap (NYSE:AER - Get Free Report) last issued its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts' expectations of $2.03 billion. During the same period last year, the business earned $3.01 EPS. The business's revenue was down 3.6% on a year-over-year basis. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, 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. Shareholders of record on Wednesday, August 13th were paid a dividend of $0.27 per share. The ex-dividend date was Wednesday, August 13th. This represents a $1.08 annualized dividend and a yield of 0.9%. Aercap's dividend payout ratio (DPR) is 6.72%.

Wall Street Analyst Weigh In

Several brokerages have recently commented on AER. Morgan Stanley raised their price objective on shares of Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. Susquehanna lifted their price target on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research report on Wednesday, August 13th. Barclays lifted their price target on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Finally, Weiss Ratings reissued a "buy (b+)" rating on shares of Aercap in a research report on Wednesday. Seven investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $122.57.

Aercap Company 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.

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