Swiss Life Asset Management Ltd Sells 3,873 Shares of Aercap Holdings N.V. $AER

Swiss Life Asset Management Ltd cut its stake in Aercap Holdings N.V. (NYSE:AER) by 11.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 30,508 shares of the financial services provider’s stock after selling 3,873 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in Aercap were worth $3,691,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AER. Citigroup Inc. increased its position in shares of Aercap by 12.7% during the third quarter. Citigroup Inc. now owns 176,919 shares of the financial services provider’s stock valued at $21,407,000 after buying an additional 19,975 shares during the period. ARGA Investment Management LP boosted its position in shares of Aercap by 210.8% in the third quarter. ARGA Investment Management LP now owns 31,140 shares of the financial services provider’s stock valued at $3,768,000 after acquiring an additional 21,120 shares during the period. Alberta Investment Management Corp boosted its position in shares of Aercap by 142.4% in the third quarter. Alberta Investment Management Corp now owns 38,300 shares of the financial services provider’s stock valued at $4,634,000 after acquiring an additional 22,500 shares during the period. Robeco Institutional Asset Management B.V. grew its stake in Aercap by 13.9% during the third quarter. Robeco Institutional Asset Management B.V. now owns 135,992 shares of the financial services provider’s stock valued at $16,455,000 after acquiring an additional 16,611 shares in the last quarter. Finally, Todd Asset Management LLC increased its holdings in Aercap by 1.5% during the 3rd quarter. Todd Asset Management LLC now owns 533,961 shares of the financial services provider’s stock worth $64,610,000 after acquiring an additional 7,813 shares during the period. 96.42% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

AER has been the topic of several recent analyst reports. Zacks Research cut shares of Aercap from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Deutsche Bank Aktiengesellschaft set a $175.00 price objective on Aercap and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Truist Financial began coverage on Aercap in a research note on Tuesday, December 9th. They set a “buy” rating and a $159.00 price objective for the company. TD Cowen restated a “buy” rating on shares of Aercap in a research report on Monday, March 16th. Finally, Morgan Stanley raised their price target on Aercap from $150.00 to $160.00 and gave the company an “equal weight” rating in a report on Monday, March 2nd. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Aercap has a consensus rating of “Moderate Buy” and an average price target of $153.38.

Aercap Stock Down 1.3%

Shares of NYSE:AER opened at $131.60 on Monday. The firm has a market capitalization of $21.96 billion, a PE ratio of 6.17, a price-to-earnings-growth ratio of 1.16 and a beta of 1.01. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.23 and a current ratio of 0.23. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $154.94. The firm has a fifty day moving average of $143.84 and a 200 day moving average of $135.79.

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

Aercap Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 19th. Investors of record on Wednesday, February 25th were given a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.2%. The ex-dividend date was Wednesday, February 25th. This is a positive change from Aercap’s previous quarterly dividend of $0.27. Aercap’s dividend payout ratio is presently 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.