Blue Trust Inc. Grows Position in Aercap Holdings N.V. $AER

Blue Trust Inc. boosted its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 43.7% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 1,894 shares of the financial services provider’s stock after purchasing an additional 576 shares during the period. Blue Trust Inc.’s holdings in Aercap were worth $222,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. American Century Companies Inc. grew its position in Aercap by 6.5% during the 1st quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider’s stock worth $13,215,000 after purchasing an additional 7,896 shares during the last quarter. Mather Group LLC. grew its position in Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $31,000 after purchasing an additional 214 shares during the last quarter. Bank of New York Mellon Corp grew its position in Aercap by 1.4% during the 1st quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider’s stock worth $46,219,000 after purchasing an additional 6,073 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in Aercap by 9.8% during the 1st quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider’s stock worth $1,123,000 after purchasing an additional 978 shares during the last quarter. Finally, Zurich Insurance Group Ltd FI grew its position in Aercap by 24.8% during the 1st quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider’s stock worth $13,250,000 after purchasing an additional 25,780 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Stock Performance

AER opened at $123.64 on Wednesday. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The firm has a fifty day moving average price of $120.15 and a 200 day moving average price of $112.89. Aercap Holdings N.V. has a 1 year low of $85.57 and a 1 year high of $126.27. The stock has a market cap of $23.09 billion, a P/E ratio of 7.69, a P/E/G ratio of 2.46 and a beta of 1.40.

Aercap (NYSE:AER) last posted its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The firm had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same period in the previous year, the business posted $3.01 EPS. The business’s revenue was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Equities research analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were paid a $0.27 dividend. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. The ex-dividend date was Wednesday, August 13th. Aercap’s payout ratio is currently 6.72%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Morgan Stanley boosted their target price on shares of Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 17th. Susquehanna lifted their price objective on shares of Aercap from $130.00 to $134.00 and gave the company a “positive” rating in a research note on Wednesday, August 13th. Barclays lifted their price objective on shares of Aercap from $115.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. Seven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Aercap currently has an average rating of “Moderate Buy” and an average target price of $122.57.

Aercap Company Profile

AerCap Holdings N.V. engages in the lease, financing, sale, and management of commercial flight equipment in China, Hong Kong, Macau, the United States, Ireland, and internationally. The company offers aircraft asset management services, such as remarketing aircraft and engines; collecting rental and maintenance rent payments, monitoring aircraft maintenance, monitoring and enforcing contract compliance, and accepting delivery and redelivery of aircraft and engines; and conducting ongoing lessee financial performance reviews.