Royal Bank Of Canada Issues Positive Forecast for AAR (NYSE:AIR) Stock Price

AAR (NYSE:AIR) had its price target raised by Royal Bank Of Canada from $105.00 to $125.00 in a research note released on Wednesday morning,Benzinga reports. The firm currently has an outperform rating on the aerospace company’s stock.

AIR has been the subject of a number of other research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of AAR in a report on Monday, December 29th. Wall Street Zen upgraded shares of AAR from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. KeyCorp upped their price target on AAR from $109.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday. Truist Financial restated a “buy” rating and set a $128.00 price objective (up from $107.00) on shares of AAR in a research report on Friday, March 6th. Finally, Zacks Research cut AAR from a “strong-buy” rating to a “hold” rating in a report on Monday, March 16th. Four research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $125.80.

AAR Trading Up 10.1%

Shares of AIR stock opened at $118.71 on Wednesday. The firm has a market capitalization of $4.70 billion, a P/E ratio of 26.32 and a beta of 1.19. AAR has a twelve month low of $46.51 and a twelve month high of $122.97. The company has a quick ratio of 1.31, a current ratio of 2.84 and a debt-to-equity ratio of 0.61. The stock’s fifty day simple moving average is $110.18 and its 200 day simple moving average is $92.52.

AAR (NYSE:AIR) last posted its earnings results on Tuesday, March 24th. The aerospace company reported $1.25 EPS for the quarter, beating the consensus estimate of $1.21 by $0.04. AAR had a return on equity of 13.09% and a net margin of 5.46%.The firm had revenue of $845.10 million during the quarter, compared to the consensus estimate of $812.58 million. During the same period last year, the company earned $0.99 earnings per share. The business’s quarterly revenue was up 24.6% on a year-over-year basis. As a group, sell-side analysts predict that AAR will post 3.77 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, CAO Jessica A. Garascia sold 4,787 shares of the business’s stock in a transaction dated Thursday, January 8th. The stock was sold at an average price of $95.25, for a total value of $455,961.75. Following the transaction, the chief accounting officer directly owned 29,557 shares of the company’s stock, valued at $2,815,304.25. The trade was a 13.94% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Sarah Louise Flanagan sold 10,750 shares of the company’s stock in a transaction dated Wednesday, February 4th. The shares were sold at an average price of $108.56, for a total value of $1,167,020.00. Following the sale, the chief financial officer owned 32,848 shares in the company, valued at approximately $3,565,978.88. The trade was a 24.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 128,984 shares of company stock valued at $12,517,090. Insiders own 3.60% of the company’s stock.

Hedge Funds Weigh In On AAR

A number of institutional investors and hedge funds have recently modified their holdings of AIR. Wellington Management Group LLP lifted its position in shares of AAR by 144.3% during the 3rd quarter. Wellington Management Group LLP now owns 1,486,775 shares of the aerospace company’s stock valued at $133,319,000 after acquiring an additional 878,188 shares during the period. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in AAR by 297.4% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 594,668 shares of the aerospace company’s stock worth $49,233,000 after purchasing an additional 445,026 shares during the period. UBS Group AG increased its stake in AAR by 709.2% in the third quarter. UBS Group AG now owns 488,239 shares of the aerospace company’s stock valued at $43,780,000 after purchasing an additional 427,906 shares in the last quarter. State Street Corp increased its stake in AAR by 17.1% in the fourth quarter. State Street Corp now owns 2,320,927 shares of the aerospace company’s stock valued at $192,150,000 after purchasing an additional 339,595 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of AAR by 36.9% during the third quarter. Franklin Resources Inc. now owns 1,154,167 shares of the aerospace company’s stock valued at $107,752,000 after purchasing an additional 311,258 shares during the period. 90.74% of the stock is currently owned by institutional investors.

Key Headlines Impacting AAR

Here are the key news stories impacting AAR this week:

• Positive Sentiment: Q3 results beat expectations — AAR reported $1.25 EPS vs. $1.21 consensus and revenue of $845.1M vs. $812.6M, with revenue up ~24.6% YoY; management cited strong parts distribution demand driving results. AAR Q3 Earnings Surpass Estimates, Sales Increase Year Over Year
• Positive Sentiment: Analyst upgrades — Royal Bank of Canada raised its price target to $125 and kept an “Outperform” rating; KeyCorp raised its target to $120 with an “Overweight” rating — these lifts support further upside sentiment. Benzinga
• Positive Sentiment: Contract win — AAR was awarded $450M in pallet contracts from the U.S. Air Force, adding a multi-year, defense-related revenue stream that boosts backlog visibility. AAR awarded $450 million in pallet contracts for U.S. Air Force
• Neutral Sentiment: Earnings materials and call — The company posted the full press release, slide deck and hosted an earnings call; transcripts and presentations are available for detail on segment trends and margin commentary. View Press Release / Slide Deck
• Neutral Sentiment: Call/transcript coverage — Multiple transcripts and summaries (Seeking Alpha, Yahoo Finance) provide management commentary and Q&A that investors can use to assess sustainability of parts demand and margin outlook. AAR (AIR) Q3 2026 Earnings Call Transcript

About AAR

AAR Corp. (NYSE: AIR) is a global provider of aviation products and services to commercial, government and defense customers. The company offers a comprehensive portfolio of maintenance, repair and overhaul (MRO) solutions, component repair and overhaul, and engineering services designed to support a wide variety of fixed-wing and rotary aircraft. Leveraging FAA and EASA certifications, AAR delivers turnkey maintenance programs and ad hoc repair services that enhance aircraft availability and reliability.

In its Aviation Supply Chain Services segment, AAR sources, stores and distributes parts for both commercial airlines and military operators.