National Pension Service Buys 2,998 Shares of Aercap Holdings N.V. $AER

Key Points

• The National Pension Service increased its stake in Aercap Holdings N.V. by 0.5%, now holding 561,019 shares valued at approximately $57.32 million.
• Several hedge funds significantly boosted their holdings in Aercap, with Alyeska Investment Group increasing its stake by 139.1% in the fourth quarter.
• Analysts have raised their price targets for Aercap, with Barclays increasing it from $115.00 to $131.00 and several others maintaining a largely positive outlook.

National Pension Service increased its stake in Aercap Holdings N.V. (NYSE:AER - Free Report) by 0.5% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 561,019 shares of the financial services provider's stock after acquiring an additional 2,998 shares during the period. National Pension Service owned about 0.30% of Aercap worth $57,319,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Alyeska Investment Group L.P. raised 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 valued at $144,105,000 after purchasing an additional 875,950 shares during the last quarter. TOMS Capital Investment Management LP lifted its position in shares of Aercap by 118.8% in the 4th quarter. TOMS Capital Investment Management LP now owns 1,398,000 shares of the financial services provider's stock worth $133,789,000 after purchasing an additional 759,000 shares during the period. Millennium Management LLC boosted its stake in shares of Aercap by 190.7% during the 4th quarter. Millennium Management LLC now owns 1,074,931 shares of the financial services provider's stock valued at $102,871,000 after purchasing an additional 705,212 shares in the last quarter. JPMorgan Chase & Co. increased its position in shares of Aercap by 43.7% during the first quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider's stock valued at $234,843,000 after buying an additional 699,520 shares during the period. Finally, Northern Trust Corp raised its stake in Aercap by 90.9% in the fourth quarter. Northern Trust Corp now owns 1,396,937 shares of the financial services provider's stock worth $133,687,000 after buying an additional 664,990 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Price Performance

AER stock traded up $0.51 during trading on Tuesday, hitting $115.04. 396,600 shares of the company's stock traded hands, compared to its average volume of 1,467,482. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $118.07. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. The business has a fifty day simple moving average of $113.55 and a 200 day simple moving average of $106.86. The stock has a market capitalization of $21.49 billion, a price-to-earnings ratio of 7.16, a P/E/G ratio of 2.26 and a beta of 1.44.

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

Aercap Dividend Announcement

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

Analyst Ratings Changes

AER has been the topic of several research reports. Morgan Stanley lifted their price objective on Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. Susquehanna upped their target price on shares of Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report on Wednesday, August 13th. JPMorgan Chase & Co. lifted their price target on shares of Aercap from $112.00 to $114.00 and gave the company an "overweight" rating in a research report on Thursday, May 1st. Finally, Barclays boosted their price target on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Six equities research 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's stock. According to MarketBeat, Aercap presently 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.