Handelsbanken Fonder AB Acquires 36,373 Shares of Aercap Holdings N.V. $AER

Handelsbanken Fonder AB raised its holdings in Aercap Holdings N.V. (NYSE:AER) by 321.1% during the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 47,700 shares of the financial services provider’s stock after acquiring an additional 36,373 shares during the quarter. Handelsbanken Fonder AB’s holdings in Aercap were worth $6,954,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Norges Bank bought a new stake in shares of Aercap in the 4th quarter valued at $352,172,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Aercap during the fourth quarter valued at about $282,665,000. L1 Capital International Pty Ltd raised its holdings in shares of Aercap by 344.2% during the fourth quarter. L1 Capital International Pty Ltd now owns 1,527,454 shares of the financial services provider’s stock valued at $219,587,000 after purchasing an additional 1,183,616 shares during the period. Mawer Investment Management Ltd. boosted its position in shares of Aercap by 56.3% during the 4th quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock worth $470,517,000 after purchasing an additional 1,179,241 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in shares of Aercap by 642.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,111,552 shares of the financial services provider’s stock worth $134,498,000 after purchasing an additional 961,890 shares in the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Trading Up 2.0%

Shares of Aercap stock opened at $152.17 on Friday. The company has a market capitalization of $25.39 billion, a P/E ratio of 7.49, a price-to-earnings-growth ratio of 0.59 and a beta of 0.93. The stock has a fifty day simple moving average of $148.00 and a 200 day simple moving average of $144.15. Aercap Holdings N.V. has a 12-month low of $112.10 and a 12-month high of $158.80. The company has a current ratio of 0.28, a quick ratio of 0.28 and a debt-to-equity ratio of 2.32.

Aercap (NYSE:AER) last issued its quarterly earnings data on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.14 by $1.00. Aercap had a return on equity of 17.60% and a net margin of 37.85%.The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.10 billion. During the same period last year, the business earned $2.83 EPS. The business’s revenue was up 14.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. On average, sell-side analysts anticipate that Aercap Holdings N.V. will post 18.95 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Wednesday, August 12th will be given a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Wednesday, August 12th. Aercap’s dividend payout ratio (DPR) is presently 7.87%.

Aercap announced that its board has approved a stock buyback plan on Wednesday, April 29th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the financial services provider to reacquire up to 4.3% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

AER has been the topic of a number of research reports. Weiss Ratings downgraded Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, July 30th. Barclays boosted their price objective on Aercap from $164.00 to $179.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Truist Financial upped their target price on Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a research report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $190.00 target price on shares of Aercap in a report on Thursday, July 30th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat.com, Aercap presently has a consensus rating of “Buy” and a consensus price target of $172.56.

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.