Cooke & Bieler LP Has $278.44 Million Stock Holdings in Aercap Holdings N.V. $AER

Cooke & Bieler LP reduced its holdings in Aercap Holdings N.V. (NYSE:AER) by 9.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,301,133 shares of the financial services provider’s stock after selling 243,973 shares during the period. Aercap accounts for about 2.9% of Cooke & Bieler LP’s portfolio, making the stock its 4th largest holding. Cooke & Bieler LP owned about 1.23% of Aercap worth $278,437,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of AER. Mather Group LLC. acquired a new stake in shares of Aercap in the third quarter valued at about $26,000. Caitong International Asset Management Co. Ltd bought a new position in Aercap in the second quarter valued at approximately $43,000. Geneos Wealth Management Inc. grew 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 purchasing an additional 94 shares in the last quarter. Whittier Trust Co. acquired a new position in shares of Aercap during the 2nd quarter worth approximately $53,000. Finally, Toth Financial Advisory Corp increased its position in shares of Aercap by 66.7% during the 3rd quarter. Toth Financial Advisory Corp now owns 500 shares of the financial services provider’s stock worth $60,000 after purchasing an additional 200 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several research firms recently weighed in on AER. Truist Financial started coverage on shares of Aercap in a research note on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price for the company. TD Cowen reiterated a “buy” rating on shares of Aercap in a research note on Thursday, October 30th. Susquehanna lifted their price objective on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. Morgan Stanley upped their target price on shares of Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a report on Tuesday, November 11th. Finally, Zacks Research downgraded shares of Aercap from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Seven 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 MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $148.86.

Aercap Price Performance

Shares of NYSE AER opened at $144.86 on Monday. The firm has a market cap of $27.06 billion, a P/E ratio of 6.86, a price-to-earnings-growth ratio of 0.74 and a beta of 1.08. The business’s 50 day moving average is $140.67 and its 200-day moving average is $127.55. 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 Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $149.24.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, beating 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 firm had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2 billion. During the same period in the prior year, the firm posted $2.41 EPS. The company’s revenue for the quarter was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Equities research analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Investors of record on Wednesday, November 12th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend was Wednesday, November 12th. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

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.