North Star Investment Management Corp. purchased a new stake in FTAI Aviation Ltd. (NASDAQ:FTAI – Free Report) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,433 shares of the financial services provider’s stock, valued at approximately $573,000.
A number of other hedge funds have also modified their holdings of the business. Root Financial Partners LLC raised its position in shares of FTAI Aviation by 40.9% during the 1st quarter. Root Financial Partners LLC now owns 155 shares of the financial services provider’s stock worth $38,000 after purchasing an additional 45 shares during the last quarter. SJS Investment Consulting Inc. grew its holdings in FTAI Aviation by 122.9% during the 1st quarter. SJS Investment Consulting Inc. now owns 107 shares of the financial services provider’s stock valued at $26,000 after buying an additional 59 shares during the last quarter. Compound Planning Inc. grew its holdings in FTAI Aviation by 2.7% during the 1st quarter. Compound Planning Inc. now owns 2,287 shares of the financial services provider’s stock valued at $560,000 after buying an additional 60 shares during the last quarter. Meeder Asset Management Inc. increased its position in FTAI Aviation by 142.2% during the first quarter. Meeder Asset Management Inc. now owns 109 shares of the financial services provider’s stock worth $27,000 after buying an additional 64 shares in the last quarter. Finally, SBI Securities Co. Ltd. increased its position in FTAI Aviation by 55.7% during the third quarter. SBI Securities Co. Ltd. now owns 179 shares of the financial services provider’s stock worth $30,000 after buying an additional 64 shares in the last quarter. 88.96% of the stock is owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on FTAI shares. Weiss Ratings cut FTAI Aviation from a “buy (b-)” rating to a “hold (c+)” rating in a report on Monday, August 3rd. Morgan Stanley decreased their price objective on FTAI Aviation from $360.00 to $310.00 and set an “overweight” rating on the stock in a research note on Friday, October 16th. Barclays decreased their price objective on FTAI Aviation from $350.00 to $310.00 and set an “overweight” rating on the stock in a research note on Tuesday, September 15th. Deutsche Bank Aktiengesellschaft set a $290.00 price objective on FTAI Aviation in a research report on Friday, July 31st. Finally, Citizens Jmp assumed coverage on shares of FTAI Aviation in a research note on Wednesday, July 15th. They issued a “market outperform” rating and a $375.00 target price for the company. Eight investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $304.38.
Check Out Our Latest Stock Report on FTAI
Trending Headlines about FTAI Aviation
Here are the key news stories impacting FTAI Aviation this week:
- Positive Sentiment: FTAI reported third-quarter adjusted earnings of $1.43 per share, above the $1.31 analyst consensus and up from $1.10 a year earlier. Revenue rose 46.6% year over year to $977.66 million, providing the main catalyst for the stock’s move. FTAI Aviation Q3 earnings and revenues beat estimates
- Positive Sentiment: On its earnings call, management emphasized a favorable outlook and discussed plans for a substantial stock buyback. Repurchases could support per-share results and signal confidence after the stock’s weak performance earlier in the year. FTAI Aviation earnings call transcript
- Positive Sentiment: FTAI has secured North American contracts for more than 100 power units scheduled for delivery in 2027 and 2028. The business could provide a new growth avenue by using aviation-engine technology to serve electricity demand from AI data centers. Jet engines can power AI data centers
- Neutral Sentiment: RBC reduced its price target from $300 to $250 but maintained an Outperform rating. The lower target reflects more cautious valuation expectations, while the unchanged rating remains supportive. RBC cuts FTAI Aviation price target
- Negative Sentiment: Despite the earnings beat, free cash flow remains a concern. Continued investment and the company’s substantial leverage could limit the benefits of buybacks and increase sensitivity to operating or financing setbacks. Why FTAI Aviation stock popped
FTAI Aviation Stock Performance
NASDAQ:FTAI opened at $196.01 on Friday. The company has a debt-to-equity ratio of 8.55, a current ratio of 5.28 and a quick ratio of 2.07. The firm has a market cap of $20.13 billion, a PE ratio of 42.61, a P/E/G ratio of 0.83 and a beta of 1.51. The firm has a 50 day simple moving average of $179.18 and a 200-day simple moving average of $232.35. FTAI Aviation Ltd. has a 1-year low of $146.48 and a 1-year high of $323.51.
FTAI Aviation (NASDAQ:FTAI – Get Free Report) last announced its earnings results on Thursday, October 29th. The financial services provider reported $1.43 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.31 by $0.12. FTAI Aviation had a net margin of 15.94% and a return on equity of 139.59%. The firm had revenue of $977.66 million for the quarter. During the same quarter last year, the business posted $1.10 EPS. The firm’s revenue was up 46.6% compared to the same quarter last year. On average, equities analysts expect that FTAI Aviation Ltd. will post 5.48 EPS for the current year.
FTAI Aviation Company Profile
FTAI Aviation Ltd. is an aviation-focused company that owns, acquires, leases and sells commercial aircraft engines, aircraft and related aviation assets. Its portfolio primarily supports the global narrowbody aircraft market, with a particular focus on widely used engine platforms such as the CFM56 and V2500.
The company provides engine leasing solutions to airlines, aircraft leasing companies and other aviation customers. It also supplies aviation parts and materials and offers maintenance, repair and overhaul-related services.
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