Teacher Retirement System of Texas Has $21.78 Million Holdings in Aercap Holdings N.V. $AER

Teacher Retirement System of Texas grew its holdings in Aercap Holdings N.V. (NYSE:AER) by 31.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 180,027 shares of the financial services provider’s stock after purchasing an additional 42,863 shares during the quarter. Teacher Retirement System of Texas’ holdings in Aercap were worth $21,783,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Kathmere Capital Management LLC boosted its stake in Aercap by 3.9% in the third quarter. Kathmere Capital Management LLC now owns 2,246 shares of the financial services provider’s stock valued at $272,000 after acquiring an additional 85 shares during the last quarter. Geneos Wealth Management Inc. lifted its stake in shares of Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 94 shares during the period. Lido Advisors LLC boosted its position in shares of Aercap by 3.9% in the 2nd quarter. Lido Advisors LLC now owns 2,626 shares of the financial services provider’s stock worth $307,000 after purchasing an additional 99 shares during the last quarter. Citizens National Bank Trust Department boosted its position in shares of Aercap by 0.8% in the 2nd quarter. Citizens National Bank Trust Department now owns 13,965 shares of the financial services provider’s stock worth $1,634,000 after purchasing an additional 104 shares during the last quarter. Finally, Snowden Capital Advisors LLC grew its stake in shares of Aercap by 3.0% during the second quarter. Snowden Capital Advisors LLC now owns 3,622 shares of the financial services provider’s stock worth $424,000 after purchasing an additional 105 shares during the period. 96.42% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

AER has been the topic of several analyst reports. Morgan Stanley increased their target price on Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research note on Tuesday, November 11th. Truist Financial began coverage on shares of Aercap in a research report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price target on the stock. Susquehanna boosted their price objective on shares of Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a report on Tuesday, November 11th. Barclays increased their target price on shares of Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research report on Wednesday. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $148.86.

Aercap Stock Performance

Shares of AER stock opened at $144.86 on Friday. The company has a debt-to-equity ratio of 2.43, a quick ratio of 0.30 and a current ratio of 0.30. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $149.24. The company’s 50 day moving average price is $140.67 and its two-hundred day moving average price is $127.46. The company has a market capitalization of $27.06 billion, a P/E ratio of 6.86, a price-to-earnings-growth ratio of 0.74 and a beta of 1.08.

Aercap (NYSE:AER) last released its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share for the quarter, beating the consensus estimate of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same quarter in the prior year, the company earned $2.41 earnings per share. The business’s quarterly revenue was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, analysts expect that Aercap Holdings N.V. will post 11.29 earnings per share for the current fiscal year.

Aercap Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th were paid a $0.27 dividend. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.08 annualized dividend and a dividend yield of 0.7%. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

Aercap Profile

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.