Korea Investment CORP Reduces Stock Position in Aercap Holdings N.V. $AER

Korea Investment CORP lessened its stake in Aercap Holdings N.V. (NYSE:AER) by 5.6% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 138,021 shares of the financial services provider’s stock after selling 8,214 shares during the period. Korea Investment CORP’s holdings in Aercap were worth $16,701,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new position in shares of Aercap during the 2nd quarter worth $241,392,000. Mawer Investment Management Ltd. purchased a new stake in shares of Aercap in the 2nd quarter worth $181,377,000. High Ground Investment Management LLP bought a new position in Aercap in the 3rd quarter worth $90,571,000. JPMorgan Chase & Co. raised its holdings in Aercap by 25.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock worth $336,243,000 after purchasing an additional 575,320 shares during the period. Finally, AustralianSuper Pty Ltd raised its holdings in Aercap by 185.0% in the 3rd quarter. AustralianSuper Pty Ltd now owns 636,906 shares of the financial services provider’s stock worth $77,066,000 after purchasing an additional 413,428 shares during the period. 96.42% of the stock is owned by institutional investors.

Aercap Stock Performance

NYSE AER opened at $140.79 on Wednesday. The firm has a market cap of $23.50 billion, a price-to-earnings ratio of 6.60, a price-to-earnings-growth ratio of 1.23 and a beta of 1.01. The company has a quick ratio of 0.23, a current ratio of 0.23 and a debt-to-equity ratio of 2.38. The business has a 50-day moving average price of $145.54 and a 200-day moving average price of $135.13. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $154.94.

Aercap (NYSE:AER) last issued its earnings results on Friday, February 6th. The financial services provider reported $3.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $0.64. Aercap had a return on equity of 15.11% and a net margin of 44.04%.The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter last year, the company earned $3.31 EPS. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. As a group, equities research analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Wednesday, February 25th will be issued a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. This is a boost from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Wednesday, February 25th. Aercap’s payout ratio is presently 7.50%.

Analyst Upgrades and Downgrades

Several equities analysts recently weighed in on AER shares. Zacks Research downgraded Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, December 30th. Morgan Stanley boosted their price objective on Aercap from $150.00 to $160.00 and gave the company an “equal weight” rating in a research note on Monday, March 2nd. Truist Financial initiated coverage on shares of Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 target price for the company. Weiss Ratings restated a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, January 21st. Finally, Susquehanna lifted their price target on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a report on Tuesday, November 11th. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, Aercap presently has an average rating of “Moderate Buy” and a consensus price target of $153.38.

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.