CFM Wealth Partners LLC Has $1.47 Million Position in FTAI Aviation Ltd. $FTAI

CFM Wealth Partners LLC lowered its stake in shares of FTAI Aviation Ltd. (NASDAQ:FTAI) by 2.2% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,790 shares of the financial services provider’s stock after selling 293 shares during the period. CFM Wealth Partners LLC’s holdings in FTAI Aviation were worth $1,471,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FTAI. GAMMA Investing LLC boosted its stake in shares of FTAI Aviation by 24,780.1% during the 1st quarter. GAMMA Investing LLC now owns 47,521 shares of the financial services provider’s stock valued at $5,276,000 after buying an additional 47,330 shares during the period. Harbor Capital Advisors Inc. boosted its stake in shares of FTAI Aviation by 27.3% during the 1st quarter. Harbor Capital Advisors Inc. now owns 147,753 shares of the financial services provider’s stock valued at $16,405,000 after buying an additional 31,694 shares during the period. Handelsbanken Fonder AB boosted its stake in shares of FTAI Aviation by 6.2% during the 1st quarter. Handelsbanken Fonder AB now owns 29,300 shares of the financial services provider’s stock valued at $3,253,000 after buying an additional 1,700 shares during the period. Fortitude Advisory Group L.L.C. acquired a new stake in shares of FTAI Aviation during the 1st quarter valued at $1,044,000. Finally, Inscription Capital LLC acquired a new stake in shares of FTAI Aviation during the 1st quarter valued at $1,110,000. Institutional investors and hedge funds own 88.96% of the company’s stock.

Analysts Set New Price Targets

FTAI has been the subject of a number of research reports. Weiss Ratings reissued a “buy (b-)” rating on shares of FTAI Aviation in a research note on Saturday, September 27th. Zacks Research raised shares of FTAI Aviation from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 20th. JMP Securities lifted their price objective on shares of FTAI Aviation from $180.00 to $205.00 and gave the company a “market outperform” rating in a research note on Wednesday, August 6th. BTIG Research lifted their price objective on shares of FTAI Aviation from $190.00 to $230.00 and gave the company a “buy” rating in a research note on Monday, August 25th. Finally, Morgan Stanley lifted their price objective on shares of FTAI Aviation from $138.00 to $175.00 and gave the company an “overweight” rating in a research note on Wednesday, August 20th. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $191.73.

FTAI Aviation Price Performance

FTAI Aviation stock opened at $171.46 on Tuesday. The firm has a market cap of $17.59 billion, a price-to-earnings ratio of 42.44 and a beta of 1.70. FTAI Aviation Ltd. has a fifty-two week low of $75.06 and a fifty-two week high of $184.44. The firm has a fifty day moving average price of $155.86 and a two-hundred day moving average price of $127.35.

FTAI Aviation (NASDAQ:FTAI) last released its earnings results on Tuesday, July 29th. The financial services provider reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.24. The firm had revenue of $676.24 million during the quarter, compared to analyst estimates of $754.75 million. FTAI Aviation had a net margin of 21.31% and a return on equity of 465.13%. The business’s revenue was up 52.4% on a year-over-year basis. During the same quarter in the previous year, the business earned ($2.26) EPS. As a group, sell-side analysts expect that FTAI Aviation Ltd. will post 2.2 earnings per share for the current year.

FTAI Aviation Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 19th. Shareholders of record on Tuesday, August 12th were given a dividend of $0.30 per share. The ex-dividend date of this dividend was Tuesday, August 12th. This represents a $1.20 dividend on an annualized basis and a yield of 0.7%. FTAI Aviation’s payout ratio is currently 29.70%.

FTAI Aviation Company Profile

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.