Aercap Holdings N.V. $AER Stock Position Lowered by California State Teachers Retirement System

California State Teachers Retirement System lowered its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 2.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 218,587 shares of the financial services provider's stock after selling 4,635 shares during the period. California State Teachers Retirement System owned about 0.13% of Aercap worth $31,865,613 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Groupe la Francaise lifted its holdings in shares of Aercap by 221.4% during the 1st quarter. Groupe la Francaise now owns 180 shares of the financial services provider's stock worth $25,000 after acquiring an additional 124 shares during the period. Trust Co. of Vermont purchased a new position in Aercap during the 2nd quarter valued at $38,000. Cedar Mountain Advisors LLC bought a new stake in shares of Aercap in the 1st quarter worth $44,000. Western Wealth Management LLC purchased a new stake in Aercap in the 1st quarter worth approximately $60,000. Finally, GAMMA Investing LLC lifted its holdings in shares of Aercap by 52.8% in the 2nd quarter. GAMMA Investing LLC now owns 457 shares of the financial services provider's stock valued at $67,000 after acquiring an additional 158 shares during the last quarter. Institutional investors own 96.42% of the company's stock.

Analyst Upgrades and Downgrades

AER has been the subject of a number of research analyst reports. TD Cowen increased their target price on Aercap from $175.00 to $180.00 and gave the company a "buy" rating in a report on Thursday, July 16th. Citigroup upped their target price on shares of Aercap from $173.00 to $178.00 and gave the company a "buy" rating in a research note on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $190.00 target price on shares of Aercap in a research note on Thursday, July 30th. Truist Financial raised their target price on Aercap from $175.00 to $180.00 and gave the stock a "buy" rating in a research report on Thursday, July 30th. Finally, Morgan Stanley increased their price objective on shares of Aercap from $155.00 to $165.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 30th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus price target of $172.56.

Aercap Stock Performance

NYSE AER traded down $1.13 on Tuesday, hitting $138.29. 753,366 shares of the company traded hands, compared to its average volume of 1,243,530. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 2.32. The company has a market capitalization of $23.08 billion, a price-to-earnings ratio of 6.81, a P/E/G ratio of 0.56 and a beta of 0.93. Aercap Holdings N.V. has a 52-week low of $118.93 and a 52-week high of $158.80. The business's 50 day moving average price is $148.58 and its 200-day moving average price is $144.00.

Aercap (NYSE:AER - Get Free Report) last announced its earnings results on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share for the quarter, topping the consensus estimate of $4.14 by $1.00. Aercap had a return on equity of 17.60% and a net margin of 37.85%.The firm had revenue of $2.17 billion for the quarter, compared to the consensus estimate of $2.10 billion. During the same period in the previous year, the business earned $2.83 EPS. The firm's revenue for the quarter was up 14.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. Equities analysts expect that Aercap Holdings N.V. will post 18.95 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Shareholders of record on Wednesday, August 12th were given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, August 12th. Aercap's payout ratio is 7.87%.

About Aercap

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland, and listed on the New York Stock Exchange under the symbol AER. The company provides aircraft, engine and helicopter leasing services to airlines and other aviation customers worldwide.

AerCap's business includes operating leases, finance leases, aircraft sales, asset management and fleet transition services. Its portfolio is centered on commercial passenger aircraft and also includes freighter aircraft, aircraft engines and helicopters.

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