Woodline Partners LP Has $10.90 Million Stock Position in Aercap Holdings N.V. $AER

Key Points

• Woodline Partners LP decreased its stake in Aercap Holdings N.V. by 16.9%, selling 21,625 shares to hold 106,686 shares, valued at approximately $10.9 million.
• Aercap shares saw a 2.2% increase, with the stock recently opening at $124.07, and the firm reported a net margin of 36.93% for the past quarter.
• The company declared a quarterly dividend of $0.27, offering a dividend yield of 0.9%, with a payout ratio of 6.72% as of the last filing.

Woodline Partners LP decreased its stake in shares of Aercap Holdings N.V. (NYSE:AER - Free Report) by 16.9% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 106,686 shares of the financial services provider's stock after selling 21,625 shares during the quarter. Woodline Partners LP owned about 0.06% of Aercap worth $10,900,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the business. 59 North Capital Management LP increased its holdings in shares of Aercap by 40.6% during the 1st quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider's stock worth $532,258,000 after acquiring an additional 1,504,620 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Aercap by 22.9% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 2,608,099 shares of the financial services provider's stock worth $249,595,000 after acquiring an additional 485,999 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of Aercap by 43.7% during the 1st quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider's stock worth $234,843,000 after acquiring an additional 699,520 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in shares of Aercap by 1.9% during the 1st quarter. Ameriprise Financial Inc. now owns 1,950,255 shares of the financial services provider's stock worth $200,278,000 after acquiring an additional 36,398 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in shares of Aercap by 2.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,814,146 shares of the financial services provider's stock worth $185,352,000 after acquiring an additional 49,537 shares during the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on AER. Morgan Stanley boosted their target price on Aercap from $111.00 to $120.00 and gave the stock an "equal weight" rating in a report on Thursday, July 17th. Susquehanna boosted their target price on Aercap from $130.00 to $134.00 and gave the stock a "positive" rating in a report 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 report on Thursday, July 10th. Six analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $122.57.

Aercap Stock Performance

AER traded up $0.31 during trading on Wednesday, hitting $120.48. The stock had a trading volume of 110,587 shares, compared to its average volume of 1,519,758. The company has a 50 day moving average price of $116.03 and a 200-day moving average price of $109.95. The firm has a market cap of $22.50 billion, a price-to-earnings ratio of 7.50, a P/E/G ratio of 2.40 and a beta of 1.46. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $125.45. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44.

Aercap (NYSE:AER - Get Free Report) last released its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, beating analysts' consensus estimates of $2.75 by $0.08. The firm had revenue of $1.89 billion during the quarter, compared to the consensus estimate of $2.03 billion. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The company's revenue was down 3.6% compared to the same quarter last year. During the same period in the prior year, the company posted $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, research analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The business also recently announced 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 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, August 13th. Aercap's dividend payout ratio is presently 6.72%.

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.