Midwest Trust Co Buys Shares of 4,067 Aercap Holdings N.V. $AER

Midwest Trust Co purchased a new position in shares of Aercap Holdings N.V. (NYSE:AER) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 4,067 shares of the financial services provider’s stock, valued at approximately $476,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Quarry LP acquired a new position in Aercap in the 1st quarter valued at about $37,000. Caitong International Asset Management Co. Ltd purchased a new position in Aercap in the second quarter worth approximately $43,000. Geneos Wealth Management Inc. increased its stake in Aercap by 26.6% during 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 during the last quarter. Whittier Trust Co. purchased a new stake in Aercap in the second quarter valued at $53,000. Finally, Summit Securities Group LLC acquired a new position in shares of Aercap in the 1st quarter valued at $64,000. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Aercap Stock Down 0.0%

Shares of Aercap stock opened at $136.22 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $138.27. The company has a market capitalization of $25.44 billion, a P/E ratio of 6.45, a P/E/G ratio of 2.50 and a beta of 1.40. The company has a 50 day moving average of $124.06 and a 200 day moving average of $117.41.

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 analysts’ consensus estimates of $3.16 by $1.81. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.31%. The company’s revenue was up 18.5% on a year-over-year basis. During the same period last year, the business earned $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, research analysts forecast that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

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

Analysts Set New Price Targets

Several analysts recently issued reports on the stock. TD Cowen boosted their price objective on shares of Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Barclays lifted their price target on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Susquehanna increased their price objective on shares of Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research report on Tuesday. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Finally, Bank of America upped their price target on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $140.57.

About Aercap

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.