SteelPeak Wealth LLC Buys Shares of 20,628 Aercap Holdings N.V. $AER

SteelPeak Wealth LLC bought a new stake in shares of Aercap Holdings N.V. (NYSE:AER) during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 20,628 shares of the financial services provider’s stock, valued at approximately $2,413,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Mather Group LLC. raised its stake in Aercap by 230.1% during the 1st quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 214 shares in the last quarter. Quarry LP bought a new stake in Aercap during the 1st quarter valued at $37,000. Geneos Wealth Management Inc. raised its stake in Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares in the last quarter. Summit Securities Group LLC bought a new stake in Aercap during the 1st quarter valued at $64,000. Finally, Blue Trust Inc. raised its stake in Aercap by 42.2% during the 1st quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider’s stock valued at $135,000 after acquiring an additional 391 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Stock Performance

Shares of NYSE AER opened at $123.69 on Wednesday. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57. The stock has a market capitalization of $23.10 billion, a price-to-earnings ratio of 7.69, a PEG ratio of 2.51 and a beta of 1.40. The stock’s fifty day simple moving average is $118.78 and its 200 day simple moving average is $112.23. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $126.27.

Aercap (NYSE:AER) last issued its earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share (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 return on equity of 13.13% and a net margin of 36.93%.The company’s quarterly revenue was down 3.6% on a year-over-year basis. During the same period in the previous year, the firm posted $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, sell-side analysts forecast that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 4th. Investors of record on Wednesday, August 13th were issued a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Wednesday, August 13th. Aercap’s payout ratio is presently 6.72%.

Wall Street Analyst Weigh In

Several brokerages have weighed in on AER. Barclays lifted their target price on Aercap from $115.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Morgan Stanley boosted their price objective on Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 17th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research note on Saturday, September 27th. Finally, Susquehanna boosted their price objective on Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a research note on Wednesday, August 13th. Seven equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Aercap currently has an average rating of “Moderate Buy” and a consensus price target of $122.57.

Aercap Company 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.