AlphaCore Capital LLC Invests $86,000 in Aercap Holdings N.V. $AER

AlphaCore Capital LLC purchased a new position in shares of Aercap Holdings N.V. (NYSE:AER) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 734 shares of the financial services provider’s stock, valued at approximately $86,000.

A number of other hedge funds also recently made changes to their positions in the stock. Mawer Investment Management Ltd. bought a new position in Aercap during the 2nd quarter worth approximately $181,377,000. 59 North Capital Management LP grew its position in Aercap by 40.6% in the 1st quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider’s stock valued at $532,258,000 after purchasing an additional 1,504,620 shares during the period. Dorsey Asset Management LLC acquired a new stake in shares of Aercap in the 1st quarter worth about $116,325,000. Ninety One UK Ltd boosted its position in shares of Aercap by 44.8% during the second quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock valued at $327,006,000 after buying an additional 864,348 shares during the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in shares of Aercap by 43.7% in the first quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider’s stock valued at $234,843,000 after purchasing an additional 699,520 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on AER. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. TD Cowen raised their price target on Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Morgan Stanley raised their price target on Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 11th. Bank of America lifted their price objective on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Finally, Barclays boosted their price objective on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $144.17.

Aercap Trading Up 0.9%

Shares of NYSE:AER opened at $133.26 on Thursday. The stock’s 50-day simple moving average is $126.55 and its two-hundred day simple moving average is $119.38. The stock has a market capitalization of $24.89 billion, a price-to-earnings ratio of 6.31, a PEG ratio of 2.50 and a beta of 1.40. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $138.34. 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 (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating analysts’ consensus estimates of $3.16 by $1.81. The firm had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2 billion. Aercap had a return on equity of 15.31% and a net margin of 45.41%.The business’s quarterly revenue was up 18.5% on a year-over-year basis. During the same period in the previous year, the firm earned $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be given a $0.27 dividend. This represents a $1.08 annualized dividend and a yield of 0.8%. The ex-dividend date is Wednesday, November 12th. Aercap’s payout ratio is currently 5.12%.

About Aercap

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.