Pekin Hardy Strauss Inc. Purchases 4,835 Shares of Aercap Holdings N.V. $AER

Pekin Hardy Strauss Inc. lifted its position in shares of Aercap Holdings N.V. (NYSE:AER) by 5.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 89,096 shares of the financial services provider’s stock after buying an additional 4,835 shares during the quarter. Aercap makes up 1.2% of Pekin Hardy Strauss Inc.’s holdings, making the stock its 15th largest holding. Pekin Hardy Strauss Inc.’s holdings in Aercap were worth $10,424,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in AER. Fiduciary Alliance LLC lifted its stake in Aercap by 0.4% in the second quarter. Fiduciary Alliance LLC now owns 23,310 shares of the financial services provider’s stock worth $2,727,000 after acquiring an additional 93 shares during the period. Geneos Wealth Management Inc. raised its holdings 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 valued at $46,000 after purchasing an additional 94 shares in the last quarter. Signaturefd LLC lifted its position in shares of Aercap by 1.8% in the 1st quarter. Signaturefd LLC now owns 5,819 shares of the financial services provider’s stock worth $595,000 after purchasing an additional 102 shares during the period. Citizens National Bank Trust Department boosted its stake in shares of Aercap by 0.8% during the second quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider’s stock valued at $1,634,000 after purchasing an additional 104 shares in the last quarter. Finally, Allworth Financial LP increased its holdings in Aercap by 8.0% during the first quarter. Allworth Financial LP now owns 1,566 shares of the financial services provider’s stock valued at $160,000 after buying an additional 116 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Stock Down 1.0%

Shares of AER stock opened at $132.30 on Friday. The stock’s fifty day moving average price is $123.39 and its 200 day moving average price is $116.42. Aercap Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $135.01. The company has a market cap of $24.71 billion, a price-to-earnings ratio of 6.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.40. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, topping the consensus estimate of $3.16 by $1.81. Aercap had a return on equity of 15.31% and a net margin of 45.41%.The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. During the same quarter last year, the company earned $2.41 earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, research analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th will be paid a dividend of $0.27 per share. The ex-dividend date is Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. Aercap’s dividend payout ratio is presently 5.12%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on AER. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Barclays lifted their price target on Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a report on Thursday, October 30th. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. TD Cowen raised their price objective on Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Cowen reiterated a “buy” rating on shares of Aercap in a report on Thursday, October 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Aercap has an average rating of “Moderate Buy” and an average price target of $133.00.

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.