Janney Montgomery Scott LLC Boosts Stock Holdings in Aercap Holdings N.V. $AER

Key Points

• Janney Montgomery Scott LLC increased its stake in Aercap Holdings N.V. by 1.1% during the second quarter, owning 463,604 shares valued at approximately $54.2 million as of the latest SEC filing.
• Aercap reported earnings of $2.83 per share for the last quarter, surpassing analysts' estimates of $2.75, although revenue decreased 3.6% year-over-year.
• The company recently declared a quarterly dividend of $0.27, translating to an annualized payment of $1.08 and a dividend yield of 0.9%.

Janney Montgomery Scott LLC raised its holdings in Aercap Holdings N.V. (NYSE:AER - Free Report) by 1.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 463,604 shares of the financial services provider's stock after purchasing an additional 5,111 shares during the quarter. Janney Montgomery Scott LLC owned 0.25% of Aercap worth $54,242,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also modified their holdings of the company. 59 North Capital Management LP lifted its holdings in Aercap by 40.6% in the first quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider's stock valued at $532,258,000 after acquiring an additional 1,504,620 shares during the period. Dorsey Asset Management LLC acquired a new stake in shares of Aercap in the first quarter valued at about $116,325,000. JPMorgan Chase & Co. grew its position in Aercap by 43.7% during the first quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider's stock worth $234,843,000 after buying an additional 699,520 shares during the period. Nuveen LLC purchased a new position in Aercap in the first quarter valued at about $54,951,000. Finally, MBB Public Markets I LLC acquired a new stake in shares of Aercap during the 1st quarter valued at approximately $52,794,000. 96.42% of the stock is owned by hedge funds and other institutional investors.

Aercap Price Performance

AER stock opened at $121.07 on Wednesday. The stock has a market capitalization of $22.61 billion, a price-to-earnings ratio of 7.53, a price-to-earnings-growth ratio of 2.43 and a beta of 1.45. 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 52-week low of $85.57 and a 52-week high of $125.45. The stock's fifty day simple moving average is $117.59 and its 200-day simple moving average is $111.50.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.75 by $0.08. The firm had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $2.03 billion. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The firm's revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the business posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Equities research analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

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

Analyst Ratings Changes

Several brokerages recently issued reports on AER. Morgan Stanley lifted 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. Barclays boosted their price objective on shares of Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Finally, Susquehanna raised their target price on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a report on Wednesday, August 13th. Six investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $122.57.

Aercap 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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