Citigroup Inc. Increases Stock Holdings in Aercap Holdings N.V. $AER

Citigroup Inc. grew its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 12.7% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 176,919 shares of the financial services provider’s stock after purchasing an additional 19,975 shares during the quarter. Citigroup Inc. owned approximately 0.09% of Aercap worth $21,407,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Norges Bank purchased a new position in Aercap during the second quarter valued at $241,392,000. Mawer Investment Management Ltd. purchased a new position in shares of Aercap during the 2nd quarter valued at about $181,377,000. High Ground Investment Management LLP bought a new position in shares of Aercap during the 3rd quarter valued at approximately $90,571,000. JPMorgan Chase & Co. increased its holdings in Aercap by 25.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock worth $336,243,000 after acquiring an additional 575,320 shares in the last quarter. Finally, AustralianSuper Pty Ltd raised its stake in Aercap by 185.0% during the 3rd quarter. AustralianSuper Pty Ltd now owns 636,906 shares of the financial services provider’s stock worth $77,066,000 after acquiring an additional 413,428 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Price Performance

Shares of AER opened at $150.41 on Friday. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $154.94. The company has a 50 day moving average of $145.66 and a two-hundred day moving average of $133.21. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. The company has a market cap of $25.10 billion, a price-to-earnings ratio of 7.05, a price-to-earnings-growth ratio of 1.30 and a beta of 1.05.

Aercap (NYSE:AER) last released its quarterly earnings results on Friday, February 6th. The financial services provider reported $3.95 EPS for the quarter, beating analysts’ consensus estimates of $3.31 by $0.64. The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.07 billion. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The firm’s revenue was up 8.3% compared to the same quarter last year. During the same period last year, the business posted $3.31 earnings per share. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. As a group, analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, February 25th will be paid a $0.40 dividend. This is a positive change from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date is Wednesday, February 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Aercap’s dividend payout ratio (DPR) is 7.50%.

Wall Street Analysts Forecast Growth

AER has been the topic of a number of analyst reports. Bank of America lifted their target price on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Truist Financial assumed coverage on Aercap in a research note on Tuesday, December 9th. They set a “buy” rating and a $159.00 price target for the company. Barclays lifted their price objective on shares of Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft set a $175.00 price target on Aercap and gave the company a “buy” rating in a report on Tuesday, February 10th. Finally, Zacks Research lowered Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Eight 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’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $152.13.

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.