State of New Jersey Common Pension Fund D Sells 5,200 Shares of Aercap Holdings N.V. $AER

State of New Jersey Common Pension Fund D trimmed its holdings in Aercap Holdings N.V. (NYSE:AER) by 6.0% in the 3rd quarter, Holdings Channel reports. The fund owned 80,959 shares of the financial services provider’s stock after selling 5,200 shares during the quarter. State of New Jersey Common Pension Fund D’s holdings in Aercap were worth $9,796,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Aberdeen Group plc increased its position in Aercap by 1.0% during the third quarter. Aberdeen Group plc now owns 523,825 shares of the financial services provider’s stock worth $63,629,000 after acquiring an additional 5,055 shares during the period. Four Tree Island Advisory LLC grew its position in Aercap by 0.4% in the 3rd quarter. Four Tree Island Advisory LLC now owns 99,650 shares of the financial services provider’s stock worth $12,147,000 after purchasing an additional 407 shares during the last quarter. WJ Financial Advisors LLC acquired a new stake in Aercap in the 3rd quarter worth $518,000. Hi Line Capital Management LLC increased its holdings in shares of Aercap by 27.0% during the 3rd quarter. Hi Line Capital Management LLC now owns 41,676 shares of the financial services provider’s stock worth $5,043,000 after purchasing an additional 8,849 shares during the period. Finally, Public Sector Pension Investment Board lifted its stake in shares of Aercap by 6.5% in the third quarter. Public Sector Pension Investment Board now owns 106,161 shares of the financial services provider’s stock valued at $12,845,000 after buying an additional 6,500 shares during the period. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Trading Up 1.4%

AER opened at $152.54 on Wednesday. The firm’s fifty day moving average is $144.33 and its two-hundred day moving average is $131.51. The firm has a market cap of $28.49 billion, a PE ratio of 7.15, a price-to-earnings-growth ratio of 1.30 and a beta of 1.05. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $153.16. The company has a debt-to-equity ratio of 2.38, a quick ratio of 0.23 and a current ratio of 0.23.

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

Aercap Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Wednesday, February 25th will be issued a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.0%. This is a positive change from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date is Wednesday, February 25th. Aercap’s dividend payout ratio is presently 7.50%.

Analyst Upgrades and Downgrades

AER has been the subject of several research analyst reports. Susquehanna lifted their price objective on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. Morgan Stanley increased their price objective on Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 11th. Bank of America boosted their target price on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Barclays upped their target price on shares of Aercap from $144.00 to $162.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Finally, Deutsche Bank Aktiengesellschaft set a $175.00 target price on shares of Aercap and gave the stock a “buy” rating in a report on Tuesday, February 10th. Eight investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $152.13.

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.