Aercap Holdings N.V. $AER Stake Lifted by Hsbc Holdings PLC

Hsbc Holdings PLC boosted its position in Aercap Holdings N.V. (NYSE:AER) by 43.9% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 121,558 shares of the financial services provider’s stock after purchasing an additional 37,100 shares during the quarter. Hsbc Holdings PLC owned about 0.07% of Aercap worth $14,245,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Fiduciary Alliance LLC grew its holdings in Aercap by 0.4% in the 2nd quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider’s stock worth $2,727,000 after buying an additional 93 shares in the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 94 shares during the period. Citizens National Bank Trust Department raised its stake in shares of Aercap by 0.8% during the second quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider’s stock valued at $1,634,000 after purchasing an additional 104 shares in the last quarter. Frank Rimerman Advisors LLC lifted its holdings in Aercap by 0.4% in the second quarter. Frank Rimerman Advisors LLC now owns 26,702 shares of the financial services provider’s stock worth $3,124,000 after purchasing an additional 106 shares during the period. Finally, Covestor Ltd grew its position in Aercap by 9.6% in the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider’s stock valued at $145,000 after buying an additional 125 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Price Performance

Shares of NYSE:AER opened at $135.60 on Wednesday. The company has a market capitalization of $25.33 billion, a PE ratio of 6.42, a price-to-earnings-growth ratio of 0.69 and a beta of 1.13. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.30 and a current ratio of 0.30. The stock has a fifty day moving average of $127.53 and a 200-day moving average of $120.02. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $138.34.

Aercap (NYSE:AER) last announced its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. Aercap had a return on equity of 15.16% and a net margin of 45.41%.The company had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2 billion. During the same period in the previous year, the firm earned $2.41 earnings per share. Aercap’s revenue for the quarter was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, equities analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th will be issued a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 12th. Aercap’s dividend payout ratio (DPR) is presently 5.12%.

Analyst Upgrades and Downgrades

AER has been the topic of a number of recent analyst reports. Barclays boosted their price target on shares of Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Morgan Stanley increased their price target on Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. Susquehanna lifted their price target on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. Bank of America upped their price objective on Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Finally, Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $144.17.

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.