Sheets Smith Wealth Management Increases Stock Position in AAR Corp. $AIR

Sheets Smith Wealth Management grew its position in AAR Corp. (NYSE:AIR) by 1.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,416 shares of the aerospace company’s stock after buying an additional 135 shares during the quarter. Sheets Smith Wealth Management’s holdings in AAR were worth $510,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Hughes Financial Services LLC acquired a new position in AAR during the 1st quarter worth $28,000. Virtus Advisers LLC acquired a new stake in AAR during the 1st quarter worth $47,000. GAMMA Investing LLC lifted its holdings in shares of AAR by 88.5% in the 1st quarter. GAMMA Investing LLC now owns 1,131 shares of the aerospace company’s stock valued at $63,000 after purchasing an additional 531 shares during the last quarter. State of Wyoming boosted its holdings in shares of AAR by 128.5% in the first quarter. State of Wyoming now owns 1,821 shares of the aerospace company’s stock valued at $102,000 after acquiring an additional 1,024 shares during the period. Finally, Central Pacific Bank Trust Division grew its position in AAR by 40.0% during the 1st quarter. Central Pacific Bank Trust Division now owns 3,500 shares of the aerospace company’s stock worth $196,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 90.74% of the company’s stock.

AAR Stock Performance

AAR stock opened at $81.75 on Thursday. The company has a market cap of $2.94 billion, a price-to-earnings ratio of 104.80 and a beta of 1.50. The company has a debt-to-equity ratio of 0.80, a current ratio of 2.72 and a quick ratio of 1.26. AAR Corp. has a 12 month low of $46.51 and a 12 month high of $86.43. The stock’s 50-day moving average is $76.03 and its 200-day moving average is $67.15.

AAR (NYSE:AIR) last released its quarterly earnings data on Tuesday, September 23rd. The aerospace company reported $1.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.10. AAR had a net margin of 1.01% and a return on equity of 12.43%. The company had revenue of $739.60 million during the quarter, compared to analyst estimates of $692.47 million. During the same quarter in the prior year, the business earned $0.50 earnings per share. The business’s quarterly revenue was up 11.8% compared to the same quarter last year. AAR has set its Q2 2026 guidance at EPS. Equities analysts anticipate that AAR Corp. will post 3.77 earnings per share for the current year.

Insider Activity

In other news, CAO Jessica A. Garascia sold 3,631 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $77.08, for a total transaction of $279,877.48. Following the transaction, the chief accounting officer directly owned 39,117 shares of the company’s stock, valued at approximately $3,015,138.36. The trade was a 8.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CFO Sean M. Gillen sold 18,000 shares of the company’s stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $77.37, for a total transaction of $1,392,660.00. Following the completion of the transaction, the chief financial officer directly owned 99,868 shares of the company’s stock, valued at approximately $7,726,787.16. The trade was a 15.27% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 95,182 shares of company stock worth $7,331,452. Company insiders own 3.60% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently commented on AIR. Wall Street Zen cut AAR from a “buy” rating to a “hold” rating in a research note on Saturday, September 20th. Truist Financial raised their price objective on AAR from $81.00 to $90.00 and gave the company a “buy” rating in a research note on Wednesday. KeyCorp increased their price target on shares of AAR from $80.00 to $86.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $85.00 target price on shares of AAR in a research note on Wednesday. Four research analysts have rated the stock with a Buy rating, According to MarketBeat.com, AAR has an average rating of “Buy” and an average price target of $86.00.

AAR Profile

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes.