Leeward Investments LLC MA Sells 3,118 Shares of Aercap Holdings N.V. $AER

Leeward Investments LLC MA lessened its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 2.4% in the second quarter, HoldingsChannel.com reports. The firm owned 125,128 shares of the financial services provider’s stock after selling 3,118 shares during the period. Leeward Investments LLC MA’s holdings in Aercap were worth $14,640,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of AER. Cambridge Investment Research Advisors Inc. increased its stake in Aercap by 2.7% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 8,465 shares of the financial services provider’s stock valued at $865,000 after purchasing an additional 219 shares in the last quarter. Asset Management One Co. Ltd. boosted its holdings in shares of Aercap by 1.2% in the 1st quarter. Asset Management One Co. Ltd. now owns 71,460 shares of the financial services provider’s stock worth $7,301,000 after buying an additional 863 shares during the last quarter. Bessemer Group Inc. boosted its holdings in shares of Aercap by 473.2% in the 1st quarter. Bessemer Group Inc. now owns 1,473 shares of the financial services provider’s stock worth $150,000 after buying an additional 1,216 shares during the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in shares of Aercap by 15.1% in the 1st quarter. Robeco Institutional Asset Management B.V. now owns 121,325 shares of the financial services provider’s stock worth $12,396,000 after buying an additional 15,872 shares during the last quarter. Finally, Illinois Municipal Retirement Fund purchased a new position in shares of Aercap in the 1st quarter worth about $4,920,000. Institutional investors own 96.42% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AER. Morgan Stanley boosted their price target on shares of Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, July 17th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a report on Friday. Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Barclays upped their price target on Aercap from $131.00 to $132.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Susquehanna upped their price target on Aercap from $130.00 to $134.00 and gave the company a “positive” rating in a research report on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Aercap presently has a consensus rating of “Moderate Buy” and an average price target of $124.00.

Aercap Stock Up 1.0%

AER stock opened at $121.88 on Friday. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. The company’s 50 day moving average is $121.63 and its 200 day moving average is $114.29. The stock has a market cap of $22.76 billion, a price-to-earnings ratio of 7.58, a price-to-earnings-growth ratio of 2.44 and a beta of 1.40. Aercap Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $126.27.

Aercap (NYSE:AER) last posted its quarterly earnings data on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, topping the consensus estimate of $2.75 by $0.08. The company 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%. Aercap’s revenue for the quarter was down 3.6% compared to the same quarter last year. During the same period in the prior year, the business earned $3.01 earnings per share. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Sell-side analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

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

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.