AustralianSuper Pty Ltd Purchases 753,259 Shares of Aercap Holdings N.V. $AER

AustralianSuper Pty Ltd grew its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 118.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,390,165 shares of the financial services provider’s stock after purchasing an additional 753,259 shares during the quarter. Aercap makes up approximately 0.9% of AustralianSuper Pty Ltd’s investment portfolio, making the stock its 20th largest position. AustralianSuper Pty Ltd’s holdings in Aercap were worth $199,850,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Citigroup Inc. grew its position in Aercap by 12.7% during the third quarter. Citigroup Inc. now owns 176,919 shares of the financial services provider’s stock valued at $21,407,000 after buying an additional 19,975 shares during the period. ARGA Investment Management LP raised its position in Aercap by 210.8% in the third quarter. ARGA Investment Management LP now owns 31,140 shares of the financial services provider’s stock worth $3,768,000 after acquiring an additional 21,120 shares during the period. Alberta Investment Management Corp boosted its stake in shares of Aercap by 142.4% during the 3rd quarter. Alberta Investment Management Corp now owns 38,300 shares of the financial services provider’s stock worth $4,634,000 after acquiring an additional 22,500 shares during the last quarter. Todd Asset Management LLC boosted its stake in shares of Aercap by 1.5% during the 3rd quarter. Todd Asset Management LLC now owns 533,961 shares of the financial services provider’s stock worth $64,610,000 after acquiring an additional 7,813 shares during the last quarter. Finally, M3F Inc. grew its position in shares of Aercap by 17.5% during the 3rd quarter. M3F Inc. now owns 208,500 shares of the financial services provider’s stock valued at $25,229,000 after acquiring an additional 31,000 shares during the period. Institutional investors own 96.42% of the company’s stock.

Aercap Trading Down 0.6%

Shares of AER stock opened at $141.99 on Friday. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. The stock has a fifty day simple moving average of $140.66 and a two-hundred day simple moving average of $140.96. The firm has a market capitalization of $23.70 billion, a PE ratio of 6.22, a PEG ratio of 1.00 and a beta of 0.95. Aercap Holdings N.V. has a 52-week low of $105.65 and a 52-week high of $154.94.

Aercap (NYSE:AER) last announced its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $5.39 EPS for the quarter, beating the consensus estimate of $3.59 by $1.80. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The business had revenue of $2.30 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same period in the previous year, the business earned $3.68 earnings per share. The business’s revenue was up 7.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 14.500-14.50 EPS. On average, analysts predict that Aercap Holdings N.V. will post 17.23 EPS for the current fiscal year.

Aercap announced that its board has initiated a stock repurchase plan on Wednesday, April 29th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the financial services provider to buy up to 4.3% of its stock through open market purchases. Stock buyback plans are usually an indication that the company’s board of directors believes its stock is undervalued.

Aercap Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, May 13th. Aercap’s dividend payout ratio is presently 7.01%.

Analyst Upgrades and Downgrades

AER has been the subject of several analyst reports. TD Cowen upped their price objective on Aercap from $170.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Barclays lifted their target price on Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. upped their price target on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 1st. Finally, Morgan Stanley lowered their price objective on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a research report on Thursday, April 30th. Two investment analysts have rated the stock with a Strong Buy rating, seven have issued a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aercap has an average rating of “Buy” and a consensus target price of $163.13.

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.