Generate Investment Management Ltd Purchases 29,739 Shares of Aercap Holdings N.V. $AER

Key Points

• Generate Investment Management Ltd increased its holdings in Aercap Holdings N.V. by 61.5% during the second quarter, now owning 78,082 shares valued at approximately $9.14 million.
• Aercap's recent quarterly earnings reported an EPS of $2.83, exceeding analysts' expectations, although revenue fell 3.6% year-over-year.
• The stock has received positive ratings from multiple analysts, with an average target price of $122.57 and a consensus recommendation of "Moderate Buy."

Generate Investment Management Ltd grew its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 61.5% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 78,082 shares of the financial services provider's stock after buying an additional 29,739 shares during the period. Generate Investment Management Ltd's holdings in Aercap were worth $9,136,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in AER. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Aercap by 110.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider's stock worth $167,000 after purchasing an additional 914 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Aercap by 17.9% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 24,501 shares of the financial services provider's stock worth $2,345,000 after buying an additional 3,715 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Aercap by 7.7% in the first quarter. MassMutual Private Wealth & Trust FSB now owns 4,344 shares of the financial services provider's stock valued at $444,000 after buying an additional 312 shares during the period. Versant Capital Management Inc boosted its stake in Aercap by 14,194.1% in the first quarter. Versant Capital Management Inc now owns 2,430 shares of the financial services provider's stock valued at $248,000 after acquiring an additional 2,413 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Aercap by 10,117.0% during the 1st quarter. GAMMA Investing LLC now owns 25,236 shares of the financial services provider's stock worth $2,578,000 after acquiring an additional 24,989 shares during the period. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Trading Up 0.7%

NYSE:AER opened at $123.18 on Monday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. 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 cap of $23.01 billion, a P/E ratio of 7.66, a price-to-earnings-growth ratio of 2.46 and a beta of 1.45. The business has a 50 day moving average price of $117.22 and a two-hundred day moving average price of $111.29.

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 business had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The firm's revenue for the quarter was down 3.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were given a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.9%. Aercap's payout ratio is currently 6.72%.

Wall Street Analysts Forecast Growth

AER has been the topic of a number of analyst reports. Morgan Stanley increased their price target on Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research note on Thursday, July 17th. Barclays boosted their target price on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Susquehanna lifted 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. Six analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $122.57.

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.

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