AAR (NYSE:AIR) Upgraded at Zacks Research

Zacks Research upgraded shares of AAR (NYSE:AIR) from a hold rating to a strong-buy rating in a report released on Tuesday,Zacks.com reports.

AIR has been the topic of several other reports. Royal Bank Of Canada reissued an “outperform” rating and set a $85.00 price target on shares of AAR in a research report on Wednesday, September 24th. KeyCorp boosted their target price on shares of AAR from $86.00 to $93.00 and gave the company an “overweight” rating in a research note on Monday. Truist Financial raised their price target on shares of AAR from $81.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Finally, Wall Street Zen raised shares of AAR from a “hold” rating to a “buy” rating in a research report on Sunday, September 28th. One research analyst has rated the stock with a Strong Buy rating and four have assigned a Buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $87.75.

AAR Stock Performance

Shares of AIR stock opened at $83.96 on Tuesday. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.91. AAR has a one year low of $46.51 and a one year high of $89.69. The company’s 50-day simple moving average is $76.62 and its 200-day simple moving average is $67.96. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 107.64 and a beta of 1.52.

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

Insider Activity

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

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. State Street Corp raised its position in AAR by 10.9% in the second quarter. State Street Corp now owns 1,917,821 shares of the aerospace company’s stock worth $131,927,000 after acquiring an additional 188,406 shares in the last quarter. Westwood Holdings Group Inc. grew its stake in shares of AAR by 10.3% in the 1st quarter. Westwood Holdings Group Inc. now owns 1,589,320 shares of the aerospace company’s stock worth $88,986,000 after purchasing an additional 148,166 shares during the last quarter. Fred Alger Management LLC raised its holdings in shares of AAR by 32.6% in the 1st quarter. Fred Alger Management LLC now owns 533,770 shares of the aerospace company’s stock worth $29,886,000 after purchasing an additional 131,092 shares in the last quarter. Nuveen LLC acquired a new stake in AAR during the first quarter valued at approximately $6,226,000. Finally, Invesco Ltd. lifted its stake in AAR by 8.4% during the first quarter. Invesco Ltd. now owns 1,160,420 shares of the aerospace company’s stock valued at $64,972,000 after purchasing an additional 89,802 shares during the last quarter. Institutional investors and hedge funds own 90.74% of the company’s stock.

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.