Aercap (NYSE:AER) Reaches New 52-Week High – Should You Buy?

Aercap Holdings N.V. (NYSE:AER) shares reached a new 52-week high on Monday . The stock traded as high as $148.13 and last traded at $147.95, with a volume of 116221 shares traded. The stock had previously closed at $144.63.

Analyst Ratings Changes

A number of research firms have recently commented on AER. Susquehanna lifted their price objective on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research note on Tuesday, November 11th. Truist Financial began coverage on Aercap in a research report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price target on the stock. Barclays increased their price objective on Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. 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 report on Tuesday, November 4th. Finally, Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $146.29.

Aercap Trading Up 2.9%

The business’s 50 day moving average price is $136.91 and its 200-day moving average price is $124.50. The company has a market cap of $27.79 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 0.74 and a beta of 1.08. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.30 and a current ratio of 0.30.

Aercap (NYSE:AER) last announced its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The company’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter last year, the company earned $2.41 earnings per share. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were issued a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. Aercap’s dividend payout ratio is presently 5.12%.

Hedge Funds Weigh In On Aercap

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AER. Mizuho Markets Cayman LP increased its holdings in shares of Aercap by 45,615.5% during the third quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock worth $424,769,000 after buying an additional 3,502,812 shares in the last quarter. JPMorgan Chase & Co. increased its holdings in Aercap by 25.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock valued at $336,243,000 after purchasing an additional 575,320 shares in the last quarter. Ninety One UK Ltd raised its position in Aercap by 44.8% in the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock valued at $327,006,000 after purchasing an additional 864,348 shares during the last quarter. WGI DM LLC boosted its stake in Aercap by 40.6% in the third quarter. WGI DM LLC now owns 2,555,812 shares of the financial services provider’s stock worth $309,253,000 after purchasing an additional 738,176 shares in the last quarter. Finally, Mawer Investment Management Ltd. grew its holdings in shares of Aercap by 35.1% during the third quarter. Mawer Investment Management Ltd. now owns 2,093,694 shares of the financial services provider’s stock worth $253,337,000 after purchasing an additional 543,465 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

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.