Brandywine Global Investment Management LLC Has $121.63 Million Position in Aercap Holdings N.V. $AER

Key Points

• Brandywine Global Investment Management LLC decreased its holdings in Aercap Holdings N.V. by 6.2%, owning approximately 1,190,418 shares valued at $121.63 million.
• Aercap's stock was recently upgraded by multiple analysts, with JPMorgan Chase raising its price target from $112.00 to $114.00, indicating a strong outlook for the company.
• The company announced a quarterly dividend of $0.27 per share, expected to yield around 1.0%, reflecting a consistent return strategy to its investors.

Brandywine Global Investment Management LLC decreased its holdings in Aercap Holdings N.V. (NYSE:AER - Free Report) by 6.2% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,190,418 shares of the financial services provider's stock after selling 79,015 shares during the period. Aercap comprises 0.9% of Brandywine Global Investment Management LLC's portfolio, making the stock its 23rd largest holding. Brandywine Global Investment Management LLC owned about 0.64% of Aercap worth $121,625,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in AER. Ameriflex Group Inc. acquired a new position in shares of Aercap in the 4th quarter valued at about $27,000. Mather Group LLC. increased its holdings in shares of Aercap by 230.1% in the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock valued at $31,000 after purchasing an additional 214 shares during the period. Blue Trust Inc. increased its holdings in shares of Aercap by 42.2% in the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock valued at $135,000 after purchasing an additional 391 shares during the period. Covestor Ltd increased its holdings in shares of Aercap by 9.6% in the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock valued at $145,000 after purchasing an additional 125 shares during the period. Finally, Bessemer Group Inc. increased its holdings in shares of Aercap by 473.2% in the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider's stock valued at $150,000 after purchasing an additional 1,216 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Trading Up 0.4%

AER stock traded up $0.5140 during midday trading on Wednesday, reaching $115.7040. The stock had a trading volume of 1,614,520 shares, compared to its average volume of 1,492,890. The business has a fifty day simple moving average of $113.52 and a two-hundred day simple moving average of $106.98. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The firm has a market cap of $21.61 billion, a price-to-earnings ratio of 7.20, a PEG ratio of 2.31 and a beta of 1.44. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $118.07.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, topping analysts' consensus estimates 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 company's revenue was down 3.6% on a year-over-year basis. During the same period last year, the company earned $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, research analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

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

Analysts Set New Price Targets

A number of research firms recently commented on AER. Barclays increased their price objective on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a report on Thursday, July 10th. Susquehanna increased their price objective on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a report on Wednesday, August 13th. Morgan Stanley increased their price objective on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Finally, JPMorgan Chase & Co. increased their price objective on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a report on Thursday, May 1st. Six equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus 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.