Ninety One SA PTY Ltd Invests $445,000 in Aercap Holdings N.V. $AER

Ninety One SA PTY Ltd bought a new position in shares of Aercap Holdings N.V. (NYSE:AER) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 3,786 shares of the financial services provider’s stock, valued at approximately $445,000.

Other hedge funds have also added to or reduced their stakes in the company. Mather Group LLC. lifted its holdings in Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. Quarry LP bought a new position in shares of Aercap in the first quarter valued at about $37,000. Geneos Wealth Management Inc. grew its stake in 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 buying an additional 94 shares during the last quarter. Summit Securities Group LLC acquired a new position in Aercap in the 1st quarter valued at about $64,000. Finally, Blue Trust Inc. grew its stake in Aercap by 42.2% in the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider’s stock valued at $135,000 after buying an additional 391 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on AER. Morgan Stanley boosted their price objective on Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, July 17th. Barclays lifted their price target on Aercap from $115.00 to $131.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Finally, Susquehanna increased their price objective on Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a research report on Wednesday, August 13th. Six research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $122.57.

Aercap Stock Performance

AER opened at $121.07 on Wednesday. The firm has a market cap of $22.61 billion, a P/E ratio of 7.53, a price-to-earnings-growth ratio of 2.43 and a beta of 1.45. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $125.45. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. The business’s fifty day moving average is $117.59 and its 200-day moving average is $111.50.

Aercap (NYSE:AER) last posted its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.75 by $0.08. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The business had revenue of $1.89 billion during the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the prior year, the business posted $3.01 earnings per share. Aercap’s revenue was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Sell-side analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were paid a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 13th. Aercap’s dividend payout ratio (DPR) is 6.72%.

Aercap 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.