Goldman Sachs Group Inc. Has $99.12 Million Stock Position in Aercap Holdings N.V. $AER

Key Points

• Goldman Sachs increased its holdings in Aercap Holdings N.V. by 11.1%, owning 970,098 shares valued at approximately $99.1 million after purchasing additional shares in the first quarter.
• Aercap reported a quarterly EPS of $2.83, exceeding analyst expectations of $2.75, although its revenue decreased by 3.6% year-over-year.
• The company also announced a quarterly dividend of $0.27, translating to an annualized dividend yield of 0.9%, with a low payout ratio of 6.72%.

Goldman Sachs Group Inc. lifted its holdings in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 11.1% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 970,098 shares of the financial services provider's stock after acquiring an additional 96,984 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.52% of Aercap worth $99,115,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. American Century Companies Inc. boosted its stake in shares of Aercap by 6.5% during the 1st quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider's stock worth $13,215,000 after acquiring an additional 7,896 shares during the period. Mather Group LLC. boosted its stake in 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. Bank of New York Mellon Corp boosted its stake in Aercap by 1.4% in the 1st quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider's stock valued at $46,219,000 after purchasing an additional 6,073 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted its stake in Aercap by 9.8% in the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider's stock valued at $1,123,000 after purchasing an additional 978 shares during the period. Finally, Bessemer Group Inc. boosted its stake in 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. 96.42% of the stock is currently owned by institutional investors.

Aercap Price Performance

NYSE AER traded up $0.02 during midday trading on Tuesday, hitting $120.14. The company had a trading volume of 1,243,260 shares, compared to its average volume of 1,527,873. The company has a market capitalization of $22.44 billion, a PE ratio of 7.47, a P/E/G ratio of 2.45 and a beta of 1.45. 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 firm has a 50-day moving average price of $115.93 and a 200-day moving average price of $109.88. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $125.45.

Aercap (NYSE:AER - Get Free Report) last posted its quarterly earnings results 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. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The company had revenue of $1.89 billion during the quarter, compared to analysts' expectations of $2.03 billion. During the same quarter in the previous year, the firm earned $3.01 EPS. Aercap'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 anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were issued a dividend of $0.27 per share. 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 6.72%.

Wall Street Analyst Weigh In

Several analysts recently issued reports on the company. Susquehanna boosted their price target on Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research note on Wednesday, August 13th. Barclays boosted their price target on Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research note on Thursday, July 10th. Finally, Morgan Stanley lifted their price objective on Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a report on Thursday, July 17th. Six research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target 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.