Brokerages Set AAR Corp. (NYSE:AIR) Price Target at $87.75

AAR Corp. (NYSE:AIR) has received a consensus recommendation of “Buy” from the five ratings firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a hold recommendation, three have assigned a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $89.3333.

A number of research firms have recently issued reports on AIR. KeyCorp raised their price objective on AAR from $86.00 to $93.00 and gave the company an “overweight” rating in a research report on Monday, September 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $85.00 price objective on shares of AAR in a research report on Wednesday, September 24th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of AAR in a research report on Saturday, September 27th. Wall Street Zen raised AAR from a “hold” rating to a “buy” rating in a research report on Sunday, September 28th. Finally, Truist Financial raised their price objective on AAR from $81.00 to $90.00 and gave the company a “buy” rating in a research report on Wednesday, September 24th.

Insider Transactions at AAR

In other news, CEO John Mcclain Holmes III sold 31,551 shares of the stock in a transaction that occurred on Thursday, July 24th. The stock was sold at an average price of $78.03, for a total transaction of $2,461,924.53. Following the transaction, the chief executive officer owned 360,921 shares in the company, valued at approximately $28,162,665.63. This trade represents a 8.04% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Sean M. Gillen sold 18,000 shares of the 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 in the company, valued at approximately $7,726,787.16. This trade represents a 15.27% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 95,182 shares of company stock worth $7,331,452 in the last ninety days. 3.60% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On AAR

Large investors have recently made changes to their positions in the company. Harbor Capital Advisors Inc. bought a new position in shares of AAR during the first quarter worth approximately $526,000. Connor Clark & Lunn Investment Management Ltd. bought a new position in AAR during the 1st quarter worth $209,000. Raymond James Financial Inc. increased its stake in AAR by 41.8% during the 1st quarter. Raymond James Financial Inc. now owns 158,461 shares of the aerospace company’s stock worth $8,872,000 after acquiring an additional 46,696 shares during the period. Russell Investments Group Ltd. increased its stake in AAR by 69,568.8% during the 1st quarter. Russell Investments Group Ltd. now owns 22,294 shares of the aerospace company’s stock worth $1,248,000 after acquiring an additional 22,262 shares during the period. Finally, GAMMA Investing LLC increased its stake in AAR by 10,454.2% during the 1st quarter. GAMMA Investing LLC now owns 63,325 shares of the aerospace company’s stock worth $3,546,000 after acquiring an additional 62,725 shares during the period. Institutional investors own 90.74% of the company’s stock.

AAR Stock Performance

Shares of NYSE AIR opened at $81.78 on Thursday. The stock has a 50 day moving average price of $76.73 and a 200 day moving average price of $68.05. AAR has a 52 week low of $46.51 and a 52 week high of $89.69. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.91. The stock has a market capitalization of $3.20 billion, a PE ratio of 104.84 and a beta of 1.52.

AAR (NYSE:AIR) last issued its quarterly earnings results on Tuesday, September 23rd. The aerospace company reported $1.08 EPS 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 analysts’ expectations of $692.47 million. During the same period in the prior year, the firm posted $0.50 earnings per share. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. AAR has set its Q2 2026 guidance at EPS. Analysts predict that AAR will post 3.77 earnings per share for the current fiscal year.

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.