M3F Inc. Invests $17.62 Million in Aercap Holdings N.V. $AER

Key Points

• M3F Inc. has acquired a significant stake in Aercap Holdings N.V. by purchasing 172,500 shares worth approximately $17.6 million, now making up 4.8% of its investment portfolio.
• Aercap recently reported an earnings per share (EPS) of $2.83 for the last quarter, exceeding estimates, but noted a year-over-year revenue decline of 3.6%.
• The company announced a quarterly dividend of $0.27, equating to an annualized dividend of $1.08 with a yield of 0.9%, scheduled for payment on September 4th.

M3F Inc. purchased a new position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) during the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 172,500 shares of the financial services provider's stock, valued at approximately $17,624,000. Aercap makes up approximately 4.8% of M3F Inc.'s holdings, making the stock its 8th largest position. M3F Inc. owned 0.09% of Aercap at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AER. Alyeska Investment Group L.P. lifted its position in Aercap by 139.1% during the 4th quarter. Alyeska Investment Group L.P. now owns 1,505,799 shares of the financial services provider's stock worth $144,105,000 after buying an additional 875,950 shares in the last quarter. Millennium Management LLC lifted its position in Aercap by 190.7% during the 4th quarter. Millennium Management LLC now owns 1,074,931 shares of the financial services provider's stock worth $102,871,000 after buying an additional 705,212 shares in the last quarter. JPMorgan Chase & Co. lifted 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 buying an additional 699,520 shares in the last quarter. Northern Trust Corp raised its holdings in Aercap by 90.9% during the 4th quarter. Northern Trust Corp now owns 1,396,937 shares of the financial services provider's stock worth $133,687,000 after purchasing an additional 664,990 shares during the last quarter. Finally, 59 North Capital Management LP raised its holdings in Aercap by 17.0% during the 4th quarter. 59 North Capital Management LP now owns 3,704,914 shares of the financial services provider's stock worth $354,560,000 after purchasing an additional 538,703 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company's stock.

Wall Street Analyst Weigh In

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

Aercap Stock Down 0.1%

Shares of AER traded down $0.18 on Monday, hitting $123.62. The company's stock had a trading volume of 1,753,048 shares, compared to its average volume of 1,737,158. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The firm's fifty day moving average price is $114.40 and its 200-day moving average price is $108.32. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $124.48. The firm has a market capitalization of $23.09 billion, a price-to-earnings ratio of 7.69, a P/E/G ratio of 2.47 and a beta of 1.45.

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

Aercap Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Investors of record on Wednesday, August 13th will be given a $0.27 dividend. The ex-dividend date is Wednesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. Aercap's payout ratio is currently 6.72%.

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.