Teacher Retirement System of Texas Has $21.78 Million Stake in Aercap Holdings N.V. $AER

Teacher Retirement System of Texas boosted its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 31.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 180,027 shares of the financial services provider’s stock after buying an additional 42,863 shares during the period. Teacher Retirement System of Texas owned about 0.10% of Aercap worth $21,783,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of Aercap during the 2nd quarter worth about $241,392,000. Mawer Investment Management Ltd. acquired a new position in Aercap in the second quarter worth about $181,377,000. Ninety One UK Ltd lifted its stake in Aercap by 44.8% during the second quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock worth $327,006,000 after purchasing an additional 864,348 shares during the period. JPMorgan Chase & Co. lifted its stake in Aercap by 25.0% during the second quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock worth $336,243,000 after purchasing an additional 575,320 shares during the period. Finally, Aberdeen Group plc boosted its holdings in Aercap by 1,570.1% during the second quarter. Aberdeen Group plc now owns 518,770 shares of the financial services provider’s stock valued at $60,696,000 after purchasing an additional 487,708 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Trading Up 0.6%

Shares of NYSE AER opened at $144.86 on Friday. Aercap Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $149.24. The company has a 50-day moving average of $140.67 and a two-hundred day moving average of $127.46. The company has a market cap of $27.06 billion, a PE ratio of 6.86, a P/E/G ratio of 0.74 and a beta of 1.08. The company has a current ratio of 0.30, a quick ratio of 0.30 and a debt-to-equity ratio of 2.43.

Aercap (NYSE:AER) last issued its quarterly earnings results 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. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2 billion. During the same quarter last year, the business posted $2.41 earnings per share. Aercap’s revenue for the quarter was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, equities analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were given a dividend of $0.27 per share. The ex-dividend date was Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.7%. Aercap’s payout ratio is presently 5.12%.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on AER shares. Bank of America raised 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. TD Cowen reissued a “buy” rating on shares of Aercap in a report on Thursday, October 30th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a report on Wednesday. Morgan Stanley increased their target price on shares of Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 11th. Finally, Susquehanna lifted their price target on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a report on Tuesday, November 11th. Seven investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Aercap has a consensus rating of “Moderate Buy” and an average target price of $148.86.

Aercap Profile

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.