Intech Investment Management LLC Invests $25.44 Million in Aercap Holdings N.V. $AER

Intech Investment Management LLC acquired a new stake in Aercap Holdings N.V. (NYSE:AER) in the 3rd quarter, HoldingsChannel reports. The fund acquired 210,251 shares of the financial services provider’s stock, valued at approximately $25,440,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Norges Bank acquired a new position in Aercap during the second quarter worth $241,392,000. Mawer Investment Management Ltd. bought a new position in shares of Aercap in the 2nd quarter valued at about $181,377,000. High Ground Investment Management LLP acquired a new position in shares of Aercap during the 3rd quarter worth about $90,571,000. JPMorgan Chase & Co. increased its stake in shares of Aercap by 25.0% during 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 last quarter. Finally, AustralianSuper Pty Ltd raised its holdings in shares of Aercap by 185.0% in the 3rd quarter. AustralianSuper Pty Ltd now owns 636,906 shares of the financial services provider’s stock valued at $77,066,000 after purchasing an additional 413,428 shares during the period. 96.42% of the stock is owned by institutional investors.

Aercap Price Performance

Aercap stock opened at $150.28 on Thursday. The company has a market capitalization of $25.08 billion, a price-to-earnings ratio of 7.04, a PEG ratio of 1.29 and a beta of 1.05. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 2.38. Aercap Holdings N.V. has a 12 month low of $85.57 and a 12 month high of $154.94. The stock’s 50 day moving average is $145.52 and its 200-day moving average is $133.09.

Aercap (NYSE:AER) last released its quarterly earnings results on Friday, February 6th. The financial services provider reported $3.95 earnings per share for the quarter, topping 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 business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.07 billion. During the same period last year, the firm posted $3.31 EPS. The firm’s revenue for the quarter was up 8.3% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. Equities research analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Investors of record on Wednesday, February 25th will be paid 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 is Wednesday, February 25th. Aercap’s dividend payout ratio is currently 5.06%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Barclays lifted their price target on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a report on Tuesday, January 6th. Truist Financial began coverage on Aercap in a research report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price objective for the company. Susquehanna lifted their target price on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research note on Tuesday, November 11th. Morgan Stanley boosted their target price on Aercap from $120.00 to $150.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 11th. Finally, Bank of America raised their price target on Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, November 4th. Eight investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $152.13.

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.