Aercap Holdings N.V. $AER is 59 North Capital Management LP’s Largest Position

59 North Capital Management LP reduced its position in shares of Aercap Holdings N.V. (NYSE:AER) by 7.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,933,136 shares of the financial services provider’s stock after selling 338,188 shares during the period. Aercap accounts for about 14.8% of 59 North Capital Management LP’s holdings, making the stock its biggest position. 59 North Capital Management LP owned approximately 2.11% of Aercap worth $475,909,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Savant Capital LLC grew its position in Aercap by 2.4% in the 3rd 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 in the last quarter. Kathmere Capital Management LLC lifted its position in shares of Aercap by 3.9% during 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. Huntington National Bank lifted 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 worth $108,000 after buying an additional 94 shares in the last quarter. Geneos Wealth Management Inc. boosted its stake 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, Epiq Partners LLC boosted its stake in shares of Aercap by 0.4% in the 3rd quarter. Epiq Partners LLC now owns 23,108 shares of the financial services provider’s stock worth $2,796,000 after buying an additional 98 shares during the last quarter. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on AER shares. Deutsche Bank Aktiengesellschaft set a $175.00 price target on Aercap and gave the company a “buy” rating in a research report on Tuesday, February 10th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, January 21st. Truist Financial began coverage on Aercap in a research note on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price objective for the company. Morgan Stanley raised their target price on Aercap from $150.00 to $160.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Finally, Zacks Research cut Aercap from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Eight research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $153.38.

Aercap Stock Performance

NYSE:AER opened at $133.01 on Friday. The company has a market capitalization of $22.20 billion, a P/E ratio of 6.23, a P/E/G ratio of 1.17 and a beta of 1.01. The business has a fifty day simple moving average of $145.04 and a two-hundred day simple moving average of $135.33. The company has a debt-to-equity ratio of 2.38, a current ratio of 0.23 and a quick ratio of 0.23. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $154.94.

Aercap (NYSE:AER) last issued 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 firm had revenue of $2.24 billion for 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 business’s revenue for the quarter was up 8.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.31 EPS. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. On average, analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Wednesday, February 25th will be given a dividend of $0.40 per share. This is a boost from Aercap’s previous quarterly dividend of $0.27. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date is Wednesday, February 25th. Aercap’s dividend payout ratio (DPR) is 7.50%.

Aercap 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.