Free Trial

PCJ Investment Counsel Ltd. Raises Stock Holdings in Aercap Holdings N.V. (NYSE:AER)

Aercap logo with Transportation background

Key Points

  • PCJ Investment Counsel Ltd. increased its shareholding in Aercap Holdings N.V. by 68.7%, owning 51,360 shares valued at approximately $5.25 million as of the last reporting period.
  • Aercap recently announced a quarterly dividend of $0.27 per share, yielding 1.0%, with the dividend payout ratio currently at 6.72%.
  • Analysts have a Moderate Buy rating on Aercap, with an average target price of $122.00 as several institutions have raised their price objectives significantly over the past few months.
  • Looking to Export and Analyze Aercap Data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

PCJ Investment Counsel Ltd. grew its position in Aercap Holdings N.V. (NYSE:AER - Free Report) by 68.7% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 51,360 shares of the financial services provider's stock after buying an additional 20,910 shares during the quarter. Aercap accounts for 2.1% of PCJ Investment Counsel Ltd.'s holdings, making the stock its 15th largest holding. PCJ Investment Counsel Ltd.'s holdings in Aercap were worth $5,247,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. Forsta AP Fonden grew its position in shares of Aercap by 100.0% during the 1st quarter. Forsta AP Fonden now owns 22,000 shares of the financial services provider's stock worth $2,248,000 after buying an additional 11,000 shares in the last quarter. Citigroup Inc. grew its position in shares of Aercap by 3.8% during the 1st quarter. Citigroup Inc. now owns 148,860 shares of the financial services provider's stock worth $15,209,000 after buying an additional 5,451 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of Aercap by 9.7% during the 1st quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 153,700 shares of the financial services provider's stock worth $15,704,000 after buying an additional 13,596 shares in the last quarter. Headlands Technologies LLC grew its position in shares of Aercap by 191.9% during the 1st quarter. Headlands Technologies LLC now owns 6,933 shares of the financial services provider's stock worth $708,000 after buying an additional 4,558 shares in the last quarter. Finally, Ontario Teachers Pension Plan Board grew its position in shares of Aercap by 91.2% during the 1st quarter. Ontario Teachers Pension Plan Board now owns 18,194 shares of the financial services provider's stock worth $1,859,000 after buying an additional 8,678 shares in the last quarter. Institutional investors own 96.42% of the company's stock.

Aercap Stock Up 1.1%

NYSE:AER traded up $1.16 during mid-day trading on Friday, hitting $110.32. 1,477,962 shares of the company's stock traded hands, compared to its average volume of 1,367,458. The company has a fifty day moving average of $113.88 and a 200 day moving average of $106.05. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $118.07. The company has a market capitalization of $20.61 billion, a P/E ratio of 6.86, a P/E/G ratio of 2.21 and a beta of 1.44. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44.

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 (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 company had revenue of $1.89 billion for the quarter, compared to analyst estimates of $2.03 billion. During the same period in the prior year, the company posted $3.01 EPS. The firm's quarterly revenue was down 3.6% compared to the same quarter last year. On average, analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, August 13th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 1.0%. Aercap's dividend payout ratio is currently 6.72%.

Wall Street Analysts Forecast Growth

AER has been the topic of a number of recent research reports. Susquehanna increased their price target on Aercap from $120.00 to $130.00 and gave the stock a "positive" rating in a research report on Tuesday, May 13th. 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. JPMorgan Chase & Co. boosted their price target on Aercap from $112.00 to $114.00 and gave the stock an "overweight" rating in a research report on Thursday, May 1st. Finally, Morgan Stanley boosted their price target on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a research report on Thursday, July 17th. One research analyst has rated the stock with a sell rating, one has given a hold rating and six have assigned a buy rating to the company's stock. According to MarketBeat.com, Aercap has an average rating of "Moderate Buy" and a consensus price target of $122.00.

Get Our Latest Stock Analysis on Aercap

Aercap Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for Aercap (NYSE:AER)

Should You Invest $1,000 in Aercap Right Now?

Before you consider Aercap, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Aercap wasn't on the list.

While Aercap currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

The 10 Best AI Stocks to Own in 2025 Cover

Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

3 Growth Stocks That Could Pop Before Summer Ends
3 Buy-the-Dip Stocks Poised to Rebound Soon
Quantum Boom: 3 Strong Picks with Lower Risk

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines