American Century Companies Inc. increased its position in shares of Aercap Holdings N.V. (NYSE:AER – Free Report) by 13.1% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 146,279 shares of the financial services provider’s stock after purchasing an additional 16,938 shares during the period. American Century Companies Inc. owned about 0.08% of Aercap worth $17,115,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quarry LP bought a new stake in Aercap in the 1st quarter valued at $37,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aercap during the 2nd quarter valued at about $43,000. Geneos Wealth Management Inc. increased its stake in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares during the period. Whittier Trust Co. acquired a new position in Aercap in the second quarter worth about $53,000. Finally, Summit Securities Group LLC acquired a new position in Aercap in the first quarter worth about $64,000. 96.42% of the stock is owned by institutional investors.
Analyst Ratings Changes
AER has been the topic of several analyst reports. Barclays upped their price objective on Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. TD Cowen upped their price target on Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Cowen reissued a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Finally, Susquehanna boosted their target price on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday, November 11th. One research 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 stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $144.17.
Aercap Price Performance
Shares of AER opened at $135.60 on Wednesday. The stock has a market cap of $25.33 billion, a P/E ratio of 6.42, a price-to-earnings-growth ratio of 0.69 and a beta of 1.13. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $138.34. The stock’s 50-day moving average price is $127.53 and its two-hundred day moving average price is $120.02. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43.
Aercap (NYSE:AER – Get Free Report) last announced its quarterly earnings results 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 business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.16%. Aercap’s revenue for the quarter was up 18.5% on a year-over-year basis. During the same period last year, the company posted $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, equities analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.
Aercap Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th will be issued a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $1.08 annualized dividend and a dividend yield of 0.8%. Aercap’s payout ratio is 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.
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