Oak Ridge Investments LLC Takes $1.47 Million Position in AAR Corp. $AIR

Key Points

• Oak Ridge Investments bought a new stake in AAR Corp. (NYSE: AIR) in Q4 — 17,760 shares valued at approximately $1.47 million.
• AAR beat expectations in its most recent quarter (EPS $1.25 vs. $1.21 est.; revenue $845.1M vs. $812.6M), with revenue up 24.6% year‑over‑year and a consensus analyst rating of "Moderate Buy" (avg. target $131.20).
• Insiders have sold 116,872 shares (~$12.8M) in the last 90 days — including CEO and CFO transactions — while institutional investors own roughly 90.74% of the stock.

Oak Ridge Investments LLC bought a new stake in AAR Corp. (NYSE:AIR - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 17,760 shares of the aerospace company's stock, valued at approximately $1,470,000.

A number of other large investors have also modified their holdings of AIR. Wellington Management Group LLP raised its stake in shares of AAR by 144.3% in the third quarter. Wellington Management Group LLP now owns 1,486,775 shares of the aerospace company's stock valued at $133,319,000 after purchasing an additional 878,188 shares in the last quarter. UBS Group AG raised its stake in AAR by 709.2% during the third quarter. UBS Group AG now owns 488,239 shares of the aerospace company's stock worth $43,780,000 after acquiring an additional 427,906 shares in the last quarter. Franklin Resources Inc. raised its stake in AAR by 36.9% during the third quarter. Franklin Resources Inc. now owns 1,154,167 shares of the aerospace company's stock worth $107,752,000 after acquiring an additional 311,258 shares in the last quarter. State Street Corp raised its stake in AAR by 10.9% during the second quarter. State Street Corp now owns 1,917,821 shares of the aerospace company's stock worth $131,927,000 after acquiring an additional 188,406 shares in the last quarter. Finally, Principal Financial Group Inc. grew its holdings in shares of AAR by 35.2% during the third quarter. Principal Financial Group Inc. now owns 640,707 shares of the aerospace company's stock worth $57,452,000 after purchasing an additional 166,903 shares during the last quarter. 90.74% of the stock is currently owned by institutional investors and hedge funds.

AAR Stock Up 2.3%

Shares of AAR stock opened at $123.67 on Tuesday. The business's 50 day simple moving average is $112.25 and its 200 day simple moving average is $96.06. AAR Corp. has a 52-week low of $50.28 and a 52-week high of $124.56. The firm has a market cap of $4.92 billion, a PE ratio of 27.42 and a beta of 1.20. The company has a debt-to-equity ratio of 0.54, a quick ratio of 1.23 and a current ratio of 2.70.

AAR (NYSE:AIR - Get Free Report) last announced its earnings results on Tuesday, March 24th. The aerospace company reported $1.25 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.21 by $0.04. AAR had a return on equity of 12.39% and a net margin of 5.46%.The business had revenue of $845.10 million for the quarter, compared to analyst estimates of $812.58 million. During the same quarter last year, the firm earned $0.99 EPS. AAR's revenue for the quarter was up 24.6% compared to the same quarter last year. On average, analysts predict that AAR Corp. will post 3.77 earnings per share for the current fiscal year.

Insider Activity at AAR

In other AAR news, CEO John Mcclain Holmes III sold 60,000 shares of the business's stock in a transaction that occurred on Thursday, March 26th. The stock was sold at an average price of $112.41, for a total transaction of $6,744,600.00. Following the transaction, the chief executive officer owned 235,064 shares of the company's stock, valued at $26,423,544.24. The trade was a 20.33% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sarah Louise Flanagan sold 10,750 shares of the business's stock in a transaction that occurred on Wednesday, February 4th. The stock was sold at an average price of $108.56, for a total value of $1,167,020.00. Following the transaction, the chief financial officer directly owned 32,848 shares in the company, valued at $3,565,978.88. This trade represents a 24.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 116,872 shares of company stock worth $12,801,281 in the last ninety days. Insiders own 3.60% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the company. The Goldman Sachs Group assumed coverage on AAR in a report on Monday, January 26th. They set a "neutral" rating and a $121.00 target price on the stock. KeyCorp raised their target price on AAR from $120.00 to $132.00 and gave the stock an "overweight" rating in a report on Thursday, April 9th. Royal Bank Of Canada upped their price objective on shares of AAR from $105.00 to $125.00 and gave the company an "outperform" rating in a research report on Wednesday, March 25th. Weiss Ratings upgraded shares of AAR from a "hold (c+)" rating to a "buy (b)" rating in a research report on Friday, March 27th. Finally, Truist Financial restated a "buy" rating and issued a $128.00 price objective (up from $107.00) on shares of AAR in a research report on Friday, March 6th. Five analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $131.20.

About AAR

AAR Corp. NYSE: AIR is a global provider of aviation products and services to commercial, government and defense customers. The company offers a comprehensive portfolio of maintenance, repair and overhaul (MRO) solutions, component repair and overhaul, and engineering services designed to support a wide variety of fixed-wing and rotary aircraft. Leveraging FAA and EASA certifications, AAR delivers turnkey maintenance programs and ad hoc repair services that enhance aircraft availability and reliability.

In its Aviation Supply Chain Services segment, AAR sources, stores and distributes parts for both commercial airlines and military operators.

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