Aercap Holdings N.V. $AER Shares Sold by Clal Insurance Enterprises Holdings Ltd

Clal Insurance Enterprises Holdings Ltd lowered its position in shares of Aercap Holdings N.V. (NYSE:AER) by 20.1% during the second quarter, Holdings Channel reports. The firm owned 490,000 shares of the financial services provider’s stock after selling 122,941 shares during the quarter. Clal Insurance Enterprises Holdings Ltd’s holdings in Aercap were worth $57,330,000 as of its most recent filing with the SEC.

A number of other large investors have also recently made changes to their positions in the company. Mawer Investment Management Ltd. purchased a new position in Aercap during the 2nd quarter worth approximately $181,377,000. 59 North Capital Management LP boosted its holdings in shares of Aercap by 40.6% in the first quarter. 59 North Capital Management LP now owns 5,209,534 shares of the financial services provider’s stock valued at $532,258,000 after acquiring an additional 1,504,620 shares during the period. Dorsey Asset Management LLC purchased a new position in shares of Aercap during the first quarter worth approximately $116,325,000. Ninety One UK Ltd increased its holdings in shares of Aercap by 44.8% in the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock valued at $327,006,000 after acquiring an additional 864,348 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Aercap by 43.7% in the 1st quarter. JPMorgan Chase & Co. now owns 2,298,552 shares of the financial services provider’s stock valued at $234,843,000 after purchasing an additional 699,520 shares during the last quarter. 96.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages have issued reports on AER. Morgan Stanley raised their price objective 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. Susquehanna boosted their price target on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. Barclays upped their price objective on Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research note on Thursday, October 30th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Aercap presently has a consensus rating of “Moderate Buy” and a consensus price target of $140.57.

Aercap Price Performance

Shares of AER opened at $132.26 on Wednesday. The firm has a market capitalization of $24.70 billion, a PE ratio of 6.27, a P/E/G ratio of 2.50 and a beta of 1.40. The stock’s 50 day moving average is $125.29 and its two-hundred day moving average is $118.46. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $138.34. 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 announced its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, beating the consensus estimate of $3.16 by $1.81. The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.31%. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter last year, the business earned $2.41 earnings per share. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Research analysts anticipate that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be paid a $0.27 dividend. The ex-dividend date of this dividend is Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. Aercap’s dividend payout ratio is presently 5.12%.

Aercap Profile

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.