D.A. Davidson & CO. Lowers Stock Holdings in Aercap Holdings N.V. $AER

D.A. Davidson & CO. lowered its holdings in Aercap Holdings N.V. (NYSE:AER) by 30.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,568 shares of the financial services provider’s stock after selling 4,240 shares during the period. D.A. Davidson & CO.’s holdings in Aercap were worth $1,120,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Whittier Trust Co. purchased a new stake in shares of Aercap in the second quarter valued at $53,000. DekaBank Deutsche Girozentrale grew its position in shares of Aercap by 2.8% in the second quarter. DekaBank Deutsche Girozentrale now owns 107,117 shares of the financial services provider’s stock valued at $12,593,000 after purchasing an additional 2,909 shares during the period. Beverly Hills Private Wealth LLC grew its position in shares of Aercap by 16.4% in the second quarter. Beverly Hills Private Wealth LLC now owns 27,012 shares of the financial services provider’s stock valued at $3,160,000 after purchasing an additional 3,809 shares during the period. Wealthstream Advisors Inc. grew its position in shares of Aercap by 11.7% in the second quarter. Wealthstream Advisors Inc. now owns 4,016 shares of the financial services provider’s stock valued at $470,000 after purchasing an additional 420 shares during the period. Finally, Allianz Asset Management GmbH grew its position in shares of Aercap by 33.7% in the second quarter. Allianz Asset Management GmbH now owns 180,215 shares of the financial services provider’s stock valued at $21,085,000 after purchasing an additional 45,423 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Trading Down 0.7%

NYSE:AER opened at $121.06 on Tuesday. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $126.27. The business’s 50-day simple moving average is $121.76 and its 200 day simple moving average is $114.61. The stock has a market cap of $22.61 billion, a price-to-earnings ratio of 7.53, a price-to-earnings-growth ratio of 2.43 and a beta of 1.40.

Aercap (NYSE:AER) last released its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, topping the consensus estimate of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The business had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the previous year, the firm posted $3.01 earnings per share. The company’s revenue was down 3.6% compared to the same quarter last year. 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 fiscal year.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were paid a $0.27 dividend. The ex-dividend date was Wednesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. Aercap’s payout ratio is 6.72%.

Wall Street Analyst Weigh In

A number of research firms have issued reports on AER. Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Susquehanna boosted their price target on Aercap from $130.00 to $134.00 and gave the company a “positive” rating in a research report on Wednesday, August 13th. Barclays boosted their price target on Aercap from $131.00 to $132.00 and gave the company an “overweight” rating in a research report on Tuesday, October 21st. Finally, Morgan Stanley boosted their price target on Aercap from $111.00 to $120.00 and gave the company an “equal weight” rating in a research report on Thursday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $124.00.

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.