Aercap Holdings N.V. $AER Shares Sold by Sandler Capital Management

Key Points

• Sandler Capital Management reduced its stake in Aercap Holdings N.V. by 24.3%, owning 35,744 shares worth approximately $3.65 million after selling 11,483 shares in Q1.
• Aercap recently reported an EPS of $2.83 for the quarter, exceeding analysts' expectations but noting a 3.6% decline in revenue year-over-year.
• The company announced a quarterly dividend of $0.27 per share, equating to an annualized yield of 0.9%, with an overall dividend payout ratio of 6.72%.

Sandler Capital Management lessened its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 24.3% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 35,744 shares of the financial services provider's stock after selling 11,483 shares during the period. Sandler Capital Management's holdings in Aercap were worth $3,652,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Permanens Capital L.P. increased its position in Aercap by 59.9% during the first quarter. Permanens Capital L.P. now owns 12,464 shares of the financial services provider's stock worth $1,275,000 after purchasing an additional 4,668 shares during the last quarter. Nissay Asset Management Corp Japan ADV grew its stake in shares of Aercap by 0.5% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 24,222 shares of the financial services provider's stock valued at $2,475,000 after buying an additional 126 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Aercap by 282.7% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,659 shares of the financial services provider's stock worth $680,000 after buying an additional 4,919 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of Aercap by 19.0% during the 1st quarter. Integrated Wealth Concepts LLC now owns 2,649 shares of the financial services provider's stock valued at $271,000 after buying an additional 423 shares during the period. Finally, Dorsey Asset Management LLC purchased a new stake in shares of Aercap during the 1st quarter valued at approximately $116,325,000. Institutional investors and hedge funds own 96.42% of the company's stock.

Aercap Stock Up 0.1%

AER traded up $0.12 on Wednesday, hitting $121.51. 1,150,493 shares of the company were exchanged, compared to its average volume of 1,930,201. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. The company has a market cap of $22.70 billion, a price-to-earnings ratio of 7.56, a price-to-earnings-growth ratio of 2.43 and a beta of 1.46. The firm has a 50-day moving average price of $115.57 and a two-hundred day moving average price of $109.36. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month 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, topping 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 period in the previous year, the company 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. On average, equities analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were 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 of this dividend was Wednesday, August 13th. Aercap's dividend payout ratio is currently 6.72%.

Analyst Ratings Changes

AER has been the subject of several analyst reports. Barclays increased their price objective on Aercap from $115.00 to $131.00 and gave the stock an "overweight" rating in a research report on Thursday, July 10th. Morgan Stanley increased their price target on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Finally, Susquehanna raised their price objective on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a research report on Wednesday, August 13th. Six 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 data from MarketBeat.com, Aercap presently has an average rating of "Moderate Buy" and a consensus target price of $122.57.

Aercap 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.