Aercap Holdings N.V. $AER Shares Bought by PDT Partners LLC

PDT Partners LLC raised its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 170.7% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,292 shares of the financial services provider’s stock after purchasing an additional 31,081 shares during the quarter. PDT Partners LLC’s holdings in Aercap were worth $5,036,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the stock. Mather Group LLC. grew its holdings in shares of Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $31,000 after buying an additional 214 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Aercap by 1.4% during the 1st quarter. Bank of New York Mellon Corp now owns 452,376 shares of the financial services provider’s stock valued at $46,219,000 after purchasing an additional 6,073 shares during the last quarter. American Century Companies Inc. increased its holdings in shares of Aercap by 6.5% in the first quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider’s stock valued at $13,215,000 after purchasing an additional 7,896 shares during the period. Mirae Asset Global Investments Co. Ltd. increased its holdings in shares of Aercap by 9.8% in the first quarter. Mirae Asset Global Investments Co. Ltd. now owns 10,996 shares of the financial services provider’s stock valued at $1,123,000 after purchasing an additional 978 shares during the period. Finally, Bessemer Group Inc. raised its stake in shares of Aercap by 473.2% in the first quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider’s stock worth $150,000 after purchasing an additional 1,216 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Stock Down 0.1%

Shares of AER stock opened at $123.62 on Monday. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $124.48. The stock has a market cap of $23.09 billion, a P/E ratio of 7.69, a P/E/G ratio of 2.47 and a beta of 1.45. The stock has a 50 day moving average of $114.40 and a 200 day moving average of $108.32. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57.

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

Aercap Announces Dividend

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

Analysts Set New Price Targets

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

About Aercap

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.