Aercap Holdings N.V. $AER Stock Holdings Lessened by Royal Bank of Canada

Royal Bank of Canada decreased its position in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 2.6% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 234,205 shares of the financial services provider's stock after selling 6,148 shares during the quarter. Royal Bank of Canada owned approximately 0.13% of Aercap worth $23,928,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. Cetera Investment Advisers raised its stake in Aercap by 7.7% in the fourth quarter. Cetera Investment Advisers now owns 25,851 shares of the financial services provider's stock valued at $2,474,000 after buying an additional 1,849 shares during the last quarter. CoreCap Advisors LLC raised its stake in Aercap by 104.3% in the fourth quarter. CoreCap Advisors LLC now owns 1,949 shares of the financial services provider's stock valued at $187,000 after buying an additional 995 shares during the last quarter. Ethic Inc. raised its stake in Aercap by 35.3% in the fourth quarter. Ethic Inc. now owns 30,448 shares of the financial services provider's stock valued at $2,914,000 after buying an additional 7,949 shares during the last quarter. Hudson Bay Capital Management LP purchased a new position in shares of Aercap in the fourth quarter worth about $7,465,000. Finally, Investment Management Corp of Ontario raised its stake in shares of Aercap by 25.2% in the fourth quarter. Investment Management Corp of Ontario now owns 23,280 shares of the financial services provider's stock worth $2,228,000 after purchasing an additional 4,681 shares during the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Aercap Price Performance

NYSE AER traded down $1.93 during mid-day trading on Friday, hitting $122.21. The stock had a trading volume of 1,073,890 shares, compared to its average volume of 1,922,212. 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 company has a 50 day simple moving average of $115.86 and a 200 day simple moving average of $109.71. The company has a market cap of $22.83 billion, a price-to-earnings ratio of 7.60, a P/E/G ratio of 2.49 and a beta of 1.46. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $125.45.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data 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 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 the consensus estimate of $2.03 billion. During the same quarter in the previous year, the business earned $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. Equities analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

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

Analysts Set New Price Targets

AER has been the topic of several research analyst reports. Morgan Stanley raised their price objective on Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a report on Thursday, July 17th. Susquehanna lifted their price objective on Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research note on Wednesday, August 13th. Finally, Barclays boosted their target price on Aercap from $115.00 to $131.00 and gave the stock 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 given a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat, the company 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.