Aercap (NYSE:AER) Cut to Hold at Zacks Research

Zacks Research downgraded shares of Aercap (NYSE:AER) from a strong-buy rating to a hold rating in a report released on Tuesday,Zacks.com reports.

AER has been the topic of a number of other research reports. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Cowen restated a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Barclays increased their target price on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Truist Financial began coverage on Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price target for the company. Finally, Bank of America raised their price objective on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Aercap currently has an average rating of “Moderate Buy” and a consensus target price of $146.29.

Aercap Stock Down 0.3%

Shares of Aercap stock opened at $143.68 on Tuesday. Aercap has a 12-month low of $85.57 and a 12-month high of $146.67. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 2.43. The stock has a 50 day moving average price of $136.45 and a two-hundred day moving average price of $124.17. The stock has a market capitalization of $26.84 billion, a P/E ratio of 6.81, a PEG ratio of 0.75 and a beta of 1.08.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. The business had revenue of $2.31 billion during the quarter, compared to analysts’ expectations 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 in the previous year, the company earned $2.41 earnings per share. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Equities analysts expect that Aercap will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, November 12th. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of AER. Savant Capital LLC increased its position in shares of Aercap by 2.4% in the third quarter. Savant Capital LLC now owns 3,417 shares of the financial services provider’s stock worth $413,000 after purchasing an additional 80 shares during the last quarter. Kathmere Capital Management LLC grew its stake in Aercap by 3.9% in the 3rd quarter. Kathmere Capital Management LLC now owns 2,246 shares of the financial services provider’s stock worth $272,000 after buying an additional 85 shares in the last quarter. Fiduciary Alliance LLC grew its stake 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% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after buying an additional 94 shares during the last quarter. Finally, Huntington National Bank raised its position in shares of Aercap by 11.7% during the 3rd quarter. Huntington National Bank now owns 895 shares of the financial services provider’s stock valued at $108,000 after buying an additional 94 shares in the last quarter. 96.42% of the stock is owned by institutional investors.

Aercap Company Profile

AerCap Holdings N.V. (NYSE: AER) is a global aircraft leasing and aviation finance company that acquires, leases, sells and manages commercial aircraft and engines. Its core services include operating leases, finance leases, sale-and-leaseback transactions, aircraft trading and remarketing, and asset management for airline customers. The company also provides related commercial and technical support services designed to optimize fleet utilization and residual values over the life cycle of aircraft and engines.

Operating with a broad global footprint, AerCap serves airlines and other aviation customers across North America, Europe, Asia-Pacific, Latin America, the Middle East and Africa.