Aercap Holdings N.V. $AER Shares Bought by State of Wyoming

Key Points

• The State of Wyoming increased its stake in Aercap Holdings N.V. by 79.0% during the first quarter, now holding 8,765 shares valued at roughly $896,000.
• Aercap recently reported $2.83 EPS for the quarter, exceeding analysts' expectations, though its quarterly revenue declined 3.6% year-over-year.
• The company announced a quarterly dividend of $0.27 per share, set to be paid on September 4th, representing an annualized yield of 0.9%.

State of Wyoming boosted its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 79.0% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 8,765 shares of the financial services provider's stock after buying an additional 3,868 shares during the quarter. State of Wyoming's holdings in Aercap were worth $896,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ameriflex Group Inc. acquired a new position in Aercap during the fourth quarter worth about $27,000. Mather Group LLC. grew its position in Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider's stock worth $31,000 after buying an additional 214 shares during the period. Summit Securities Group LLC acquired a new position in Aercap during the first quarter worth about $64,000. Blue Trust Inc. grew its position in Aercap by 42.2% during the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider's stock worth $135,000 after buying an additional 391 shares during the period. Finally, Covestor Ltd grew its position in Aercap by 9.6% during the first quarter. Covestor Ltd now owns 1,422 shares of the financial services provider's stock worth $145,000 after buying an additional 125 shares during the period. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AER. Susquehanna increased their price target on shares of Aercap from $130.00 to $134.00 and gave the company a "positive" rating in a research report on Wednesday, August 13th. Barclays increased their price target on shares of Aercap from $115.00 to $131.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. Finally, Morgan Stanley increased their price target on shares of Aercap from $111.00 to $120.00 and gave the company an "equal weight" rating in a research report on Thursday, July 17th. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $122.57.

Aercap Trading Up 0.9%

Shares of AER traded up $1.07 on Tuesday, hitting $124.57. 2,231,617 shares of the stock traded hands, compared to its average volume of 1,515,252. 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 $23.27 billion, a P/E ratio of 7.75, a P/E/G ratio of 2.47 and a beta of 1.45. The stock's 50 day moving average is $114.57 and its two-hundred day moving average is $108.48. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $124.73.

Aercap (NYSE:AER - Get Free Report) last announced its quarterly earnings data 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. The business had revenue of $1.89 billion for the quarter, compared to the consensus estimate of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company's quarterly revenue was down 3.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, sell-side analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

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 of this dividend is Wednesday, August 13th. Aercap's dividend payout ratio (DPR) is presently 6.72%.

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.