Dorsey & Whitney Trust CO LLC Sells 444 Shares of Aercap Holdings N.V. $AER

Dorsey & Whitney Trust CO LLC cut its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 8.5% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,754 shares of the financial services provider’s stock after selling 444 shares during the quarter. Dorsey & Whitney Trust CO LLC’s holdings in Aercap were worth $556,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Quarry LP bought a new position in shares of Aercap in the 1st quarter worth $37,000. Caitong International Asset Management Co. Ltd bought a new stake in shares of Aercap during the 2nd quarter worth $43,000. Geneos Wealth Management Inc. grew its position in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares in the last quarter. Whittier Trust Co. bought a new position in Aercap in the second quarter valued at $53,000. Finally, Summit Securities Group LLC bought a new position in Aercap in the first quarter valued at $64,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on AER. Barclays lifted their price target on Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research note on Thursday, October 30th. Cowen reissued a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Morgan Stanley boosted their target price on Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 11th. Bank of America increased their price target on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Finally, Susquehanna lifted their price target on shares of Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research note on Tuesday, November 11th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Aercap currently has an average rating of “Moderate Buy” and an average target price of $140.57.

Aercap Trading Down 0.5%

Shares of AER stock opened at $132.26 on Wednesday. The business has a 50-day moving average of $125.29 and a 200 day moving average of $118.46. 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 Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $138.34. The stock has a market capitalization of $24.70 billion, a PE ratio of 6.27, a P/E/G ratio of 2.50 and a beta of 1.40.

Aercap (NYSE:AER) last announced its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $3.16 by $1.81. The firm had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. Aercap had a return on equity of 15.31% and a net margin of 45.41%.The business’s revenue was up 18.5% on a year-over-year basis. During the same quarter in the previous year, the company posted $2.41 earnings per share. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, sell-side 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 declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th will be given a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $1.08 annualized dividend and a yield of 0.8%. Aercap’s dividend payout ratio is presently 5.12%.

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.