Aercap Holdings N.V. $AER Shares Purchased by Confluence Investment Management LLC

Confluence Investment Management LLC boosted its stake in Aercap Holdings N.V. (NYSE:AER) by 4.3% during the second quarter, Holdings Channel.com reports. The fund owned 11,627 shares of the financial services provider’s stock after purchasing an additional 481 shares during the quarter. Confluence Investment Management LLC’s holdings in Aercap were worth $1,360,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in AER. Cetera Investment Advisers grew its stake in Aercap by 7.7% in the 4th quarter. Cetera Investment Advisers now owns 25,851 shares of the financial services provider’s stock valued at $2,474,000 after acquiring an additional 1,849 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in Aercap by 110.7% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,740 shares of the financial services provider’s stock worth $167,000 after purchasing an additional 914 shares during the last quarter. Nuveen Asset Management LLC boosted its stake in Aercap by 5.5% during the 4th quarter. Nuveen Asset Management LLC now owns 555,062 shares of the financial services provider’s stock worth $53,119,000 after purchasing an additional 28,784 shares during the last quarter. Nissay Asset Management Corp Japan ADV boosted its stake in Aercap by 0.9% during the 4th quarter. Nissay Asset Management Corp Japan ADV now owns 24,096 shares of the financial services provider’s stock worth $2,301,000 after purchasing an additional 209 shares during the last quarter. Finally, Quantinno Capital Management LP boosted its stake in Aercap by 25.6% during the 4th quarter. Quantinno Capital Management LP now owns 42,361 shares of the financial services provider’s stock worth $4,054,000 after purchasing an additional 8,624 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have issued reports on AER shares. Morgan Stanley lifted their target price on shares of Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 17th. Barclays lifted their target price on shares of Aercap from $115.00 to $131.00 and gave the stock an “overweight” rating in a research note on Thursday, July 10th. Finally, Susquehanna lifted their target price on shares of Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a research note on Wednesday, August 13th. Six research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $122.57.

Aercap Trading Down 1.6%

Shares of AER stock opened at $122.21 on Friday. The company’s 50-day moving average price is $115.86 and its 200-day moving average price is $109.71. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. The stock has a market cap of $22.83 billion, a price-to-earnings ratio of 7.60, a PEG ratio of 2.49 and a beta of 1.46. Aercap Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $125.45.

Aercap (NYSE:AER) last announced its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 earnings per share for the quarter, beating the consensus estimate of $2.75 by $0.08. The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $2.03 billion. Aercap had a net margin of 36.93% and a return on equity of 13.13%. The company’s revenue was down 3.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.01 EPS. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. As a group, equities analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. Aercap’s payout ratio is presently 6.72%.

About Aercap

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.