PCJ Investment Counsel Ltd. Lowers Stock Position in Aercap Holdings N.V. $AER

PCJ Investment Counsel Ltd. cut its holdings in Aercap Holdings N.V. (NYSE:AER) by 83.4% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,590 shares of the financial services provider’s stock after selling 38,000 shares during the period. PCJ Investment Counsel Ltd.’s holdings in Aercap were worth $918,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the stock. Kepler Cheuvreux Suisse SA bought a new stake in Aercap during the third quarter valued at approximately $10,789,000. Mackenzie Financial Corp boosted its holdings in Aercap by 1.9% during the 3rd quarter. Mackenzie Financial Corp now owns 242,071 shares of the financial services provider’s stock valued at $29,291,000 after acquiring an additional 4,556 shares during the period. Winthrop Capital Management LLC grew its position in Aercap by 2.5% during the 3rd quarter. Winthrop Capital Management LLC now owns 4,368 shares of the financial services provider’s stock worth $529,000 after acquiring an additional 106 shares during the last quarter. Schroder Investment Management Group increased its stake in Aercap by 12.4% in the 3rd quarter. Schroder Investment Management Group now owns 20,999 shares of the financial services provider’s stock worth $2,551,000 after purchasing an additional 2,321 shares during the period. Finally, Inceptionr LLC boosted its position in Aercap by 107.6% during the 3rd quarter. Inceptionr LLC now owns 10,577 shares of the financial services provider’s stock valued at $1,280,000 after buying an additional 5,482 shares during the period. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently commented on AER. Zacks Research downgraded shares of Aercap from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, December 30th. Truist Financial started coverage on Aercap in a research report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price for the company. Morgan Stanley lifted their price target on Aercap from $150.00 to $160.00 and gave the company an “equal weight” rating in a research report on Monday, March 2nd. Susquehanna boosted their target price on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a report on Tuesday, November 11th. Finally, Barclays lifted their target price on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $153.38.

Aercap Price Performance

Shares of Aercap stock opened at $140.79 on Wednesday. The stock has a market cap of $23.50 billion, a P/E ratio of 6.60, a P/E/G ratio of 1.23 and a beta of 1.01. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.23 and a current ratio of 0.23. The stock’s fifty day moving average is $145.54 and its 200 day moving average is $135.13. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $154.94.

Aercap (NYSE:AER) last released its quarterly earnings results on Friday, February 6th. The financial services provider reported $3.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.64. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The business had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.07 billion. During the same quarter in the previous year, the company posted $3.31 earnings per share. Aercap’s revenue for the quarter was up 8.3% on a year-over-year basis. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. Sell-side analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, February 25th will be paid a dividend of $0.40 per share. This is a positive change from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date is Wednesday, February 25th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Aercap’s dividend payout ratio is presently 7.50%.

About Aercap

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.