ARGA Investment Management LP Acquires 21,120 Shares of Aercap Holdings N.V. $AER

ARGA Investment Management LP increased its stake in Aercap Holdings N.V. (NYSE:AER) by 210.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 31,140 shares of the financial services provider’s stock after buying an additional 21,120 shares during the quarter. ARGA Investment Management LP’s holdings in Aercap were worth $3,768,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AER. Norges Bank bought a new position in shares of Aercap in the 2nd quarter valued at about $241,392,000. Mawer Investment Management Ltd. bought a new stake in shares of Aercap in the second quarter valued at about $181,377,000. Ninety One UK Ltd grew its position in shares of Aercap by 44.8% during the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock worth $327,006,000 after purchasing an additional 864,348 shares in the last quarter. JPMorgan Chase & Co. grew its position in Aercap by 25.0% during the second quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock worth $336,243,000 after buying an additional 575,320 shares in the last quarter. Finally, Aberdeen Group plc increased its stake in Aercap by 1,570.1% during the 2nd quarter. Aberdeen Group plc now owns 518,770 shares of the financial services provider’s stock worth $60,696,000 after acquiring an additional 487,708 shares during the period. 96.42% of the stock is owned by institutional investors.

Aercap Stock Up 0.6%

Shares of NYSE AER opened at $144.86 on Friday. The stock has a market capitalization of $27.06 billion, a P/E ratio of 6.86, a P/E/G ratio of 0.74 and a beta of 1.08. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $149.24. The company has a 50-day moving average price of $140.67 and a 200-day moving average price of $127.37. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.30 and a quick ratio of 0.30.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) 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 the consensus estimate of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The firm’s quarterly revenue was up 18.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, equities research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. Barclays raised their price target on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Truist Financial began coverage on shares of Aercap in a research report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price for the company. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research note on Wednesday. Bank of America boosted their target price on shares of Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Finally, Susquehanna upped their price objective on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research note on Tuesday, November 11th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $148.86.

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.