Kathmere Capital Management LLC Takes $253,000 Position in Aercap Holdings N.V. $AER

Key Points

• Kathmere Capital Management LLC invested approximately $253,000 in Aercap Holdings N.V., purchasing 2,161 shares in the second quarter, as reported in a recent SEC filing.
• Aercap's stock decreased by 1.4%, with a market cap of $22.67 billion and a current price of $121.36, reflecting a 12-month high of $125.45.
• The company announced a quarterly dividend of $0.27 per share, representing an annualized dividend of $1.08 and a dividend yield of 0.9%.

Kathmere Capital Management LLC purchased a new stake in Aercap Holdings N.V. (NYSE:AER - Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 2,161 shares of the financial services provider's stock, valued at approximately $253,000.

A number of other hedge funds have also made changes to their positions in the company. 59 North Capital Management LP increased its position in shares of 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 buying an additional 1,504,620 shares in the last quarter. JPMorgan Chase & Co. increased its position in Aercap by 43.7% during the 1st quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider's stock worth $234,843,000 after purchasing an additional 699,520 shares in the last quarter. Ameriprise Financial Inc. increased its position in Aercap by 1.9% during the 1st quarter. Ameriprise Financial Inc. now owns 1,950,255 shares of the financial services provider's stock worth $200,278,000 after purchasing an additional 36,398 shares in the last quarter. Price T Rowe Associates Inc. MD increased its position in Aercap by 2.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,814,146 shares of the financial services provider's stock worth $185,352,000 after purchasing an additional 49,537 shares in the last quarter. Finally, Russell Investments Group Ltd. increased its position in Aercap by 13.0% during the 1st quarter. Russell Investments Group Ltd. now owns 1,166,677 shares of the financial services provider's stock worth $119,200,000 after purchasing an additional 134,384 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Stock Down 1.4%

Shares of NYSE:AER opened at $121.36 on Tuesday. The stock's 50-day moving average price is $117.41 and its two-hundred day moving average price is $111.43. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $125.45. The firm has a market cap of $22.67 billion, a price-to-earnings ratio of 7.55, a PEG ratio of 2.46 and a beta of 1.45.

Aercap (NYSE:AER - Get Free Report) last issued its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.75 by $0.08. The firm had revenue of $1.89 billion for 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 firm's quarterly revenue was down 3.6% on a year-over-year basis. During the same period last year, the company earned $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. On average, research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The company also recently announced 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 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 presently 6.72%.

Analyst Ratings Changes

AER has been the subject of a number of recent research reports. Morgan Stanley lifted their price objective on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. Barclays lifted their price objective 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 Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report 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. Based on data from MarketBeat, Aercap 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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