Northwestern Mutual Wealth Management Co. Grows Holdings in Aercap Holdings N.V. $AER

Key Points

• Northwestern Mutual Wealth Management Co. increased its stake in Aercap Holdings N.V. by 28.7% during the first quarter, acquiring an additional 2,881 shares to reach a total of 12,904 shares valued at approximately $1.32 million.
• Aercap reported a quarterly EPS of $2.83, exceeding analyst estimates of $2.75, though its revenue of $1.89 billion was below expectations of $2.03 billion.
• The company has declared a quarterly dividend of $0.27 per share, translating to an annualized yield of 0.9%, with the payment scheduled for September 4th.

Northwestern Mutual Wealth Management Co. grew its stake in Aercap Holdings N.V. (NYSE:AER - Free Report) by 28.7% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,904 shares of the financial services provider's stock after buying an additional 2,881 shares during the period. Northwestern Mutual Wealth Management Co.'s holdings in Aercap were worth $1,318,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Signaturefd LLC grew its stake in Aercap by 1.8% in the 1st quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider's stock worth $595,000 after buying an additional 102 shares in the last quarter. Allworth Financial LP grew its stake in Aercap by 8.0% in the 1st quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider's stock worth $160,000 after buying an additional 116 shares in the last quarter. Covestor Ltd boosted its stake in shares of Aercap by 9.6% in the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock valued at $145,000 after purchasing an additional 125 shares in the last quarter. CW Advisors LLC boosted its stake in shares of Aercap by 5.2% in the 1st quarter. CW Advisors LLC now owns 2,714 shares of the financial services provider's stock valued at $277,000 after purchasing an additional 135 shares in the last quarter. Finally, Measured Wealth Private Client Group LLC boosted its stake in shares of Aercap by 3.1% in the 1st quarter. Measured Wealth Private Client Group LLC now owns 5,080 shares of the financial services provider's stock valued at $519,000 after purchasing an additional 154 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company's stock.

Aercap Trading Down 0.1%

NYSE:AER opened at $123.62 on Friday. The company has a fifty day moving average of $114.40 and a 200 day moving average of $108.26. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $124.48. 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 has a market capitalization of $23.09 billion, a P/E ratio of 7.69, a P/E/G ratio of 2.47 and a beta of 1.44.

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, beating analysts' consensus estimates of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company had revenue of $1.89 billion during the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the business posted $3.01 EPS. The firm's 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, research analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

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

Wall Street Analyst Weigh In

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