Public Employees Retirement System of Ohio Has $2.72 Million Stock Holdings in AAR Corp. $AIR

Public Employees Retirement System of Ohio raised its holdings in AAR Corp. (NYSE:AIR) by 7.6% during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 39,584 shares of the aerospace company’s stock after purchasing an additional 2,804 shares during the quarter. Public Employees Retirement System of Ohio owned 0.11% of AAR worth $2,723,000 as of its most recent SEC filing.

A number of other large investors have also recently modified their holdings of the business. Sheets Smith Wealth Management boosted its holdings in shares of AAR by 1.9% in the 2nd quarter. Sheets Smith Wealth Management now owns 7,416 shares of the aerospace company’s stock valued at $510,000 after purchasing an additional 135 shares in the last quarter. Voya Investment Management LLC boosted its holdings in shares of AAR by 2.6% during the 1st quarter. Voya Investment Management LLC now owns 12,528 shares of the aerospace company’s stock valued at $701,000 after acquiring an additional 320 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of AAR by 122.7% during the 1st quarter. Intech Investment Management LLC now owns 52,651 shares of the aerospace company’s stock valued at $2,948,000 after acquiring an additional 29,005 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in shares of AAR by 4.6% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 97,384 shares of the aerospace company’s stock valued at $5,453,000 after acquiring an additional 4,288 shares in the last quarter. Finally, Fred Alger Management LLC boosted its holdings in shares of AAR by 32.6% during the 1st quarter. Fred Alger Management LLC now owns 533,770 shares of the aerospace company’s stock valued at $29,886,000 after acquiring an additional 131,092 shares in the last quarter. Institutional investors and hedge funds own 90.74% of the company’s stock.

Wall Street Analysts Forecast Growth

AIR has been the topic of several recent research reports. Truist Financial raised their price objective on AAR from $81.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. Royal Bank Of Canada reissued an “outperform” rating and set a $85.00 price objective on shares of AAR in a report on Wednesday, September 24th. Wall Street Zen raised AAR from a “hold” rating to a “buy” rating in a report on Sunday. Finally, KeyCorp raised their price objective on AAR from $86.00 to $93.00 and gave the company an “overweight” rating in a report on Monday. Four analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $87.75.

AAR Stock Down 5.9%

Shares of AIR opened at $84.41 on Thursday. The company has a market capitalization of $3.05 billion, a PE ratio of 108.22 and a beta of 1.51. AAR Corp. has a 12 month low of $46.51 and a 12 month high of $89.69. The stock’s 50-day moving average price is $76.49 and its two-hundred day moving average price is $67.85. The company has a current ratio of 2.91, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82.

AAR (NYSE:AIR) last announced its earnings results on Tuesday, September 23rd. The aerospace company reported $1.08 EPS for the quarter, topping the consensus estimate of $0.98 by $0.10. The firm had revenue of $739.60 million for the quarter, compared to the consensus estimate of $692.47 million. AAR had a return on equity of 12.29% and a net margin of 1.01%.The business’s quarterly revenue was up 11.8% compared to the same quarter last year. During the same period in the previous year, the business earned $0.50 EPS. AAR has set its Q2 2026 guidance at EPS. On average, analysts anticipate that AAR Corp. will post 3.77 EPS for the current year.

Insiders Place Their Bets

In other news, Director Jennifer L. Vogel sold 7,000 shares of the business’s stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $78.07, for a total value of $546,490.00. Following the transaction, the director directly owned 22,970 shares of the company’s stock, valued at $1,793,267.90. The trade was a 23.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sean M. Gillen sold 18,000 shares of the business’s stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $77.37, for a total value of $1,392,660.00. Following the completion of the transaction, the chief financial officer directly owned 99,868 shares in the company, valued at $7,726,787.16. This represents a 15.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 95,182 shares of company stock valued at $7,331,452 over the last 90 days. 3.60% of the stock is owned by company insiders.

AAR Company Profile

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes.