Forsta AP Fonden Purchases 4,300 Shares of Aercap Holdings N.V. $AER

Forsta AP Fonden boosted its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 19.5% during the 2nd quarter, Holdings Channel reports. The fund owned 26,300 shares of the financial services provider’s stock after buying an additional 4,300 shares during the period. Forsta AP Fonden’s holdings in Aercap were worth $3,077,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Quarry LP purchased a new stake in shares of Aercap in the 1st quarter worth approximately $37,000. Caitong International Asset Management Co. Ltd purchased a new position in Aercap during the second quarter valued at approximately $43,000. Geneos Wealth Management Inc. raised its stake in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after buying an additional 94 shares in the last quarter. Whittier Trust Co. purchased a new stake in Aercap during the second quarter worth $53,000. Finally, Summit Securities Group LLC bought a new stake in Aercap during the 1st quarter valued at $64,000. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Stock Up 0.3%

NYSE:AER opened at $136.86 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. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $138.34. The company has a market cap of $25.56 billion, a PE ratio of 6.48, a P/E/G ratio of 2.50 and a beta of 1.40. The company’s 50 day moving average is $124.88 and its two-hundred day moving average is $118.00.

Aercap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping the consensus estimate of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.31%. The business had revenue of $2.31 billion during the quarter, compared to the consensus estimate of $2 billion. During the same period in the previous year, the firm posted $2.41 earnings per share. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. Analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th will be issued 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 dividend yield of 0.8%. Aercap’s dividend payout ratio is currently 5.12%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on AER shares. Bank of America upped their price objective on Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, November 4th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research report on Wednesday, October 8th. Cowen reaffirmed a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. Barclays increased their target price on shares of Aercap from $132.00 to $144.00 and gave the company an “overweight” rating in a research report on Thursday, October 30th. Finally, Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Aercap has an average rating of “Moderate Buy” and an average price target of $140.57.

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.