Private Trust Co. NA Has $57,000 Stock Holdings in Aercap Holdings N.V. $AER

Private Trust Co. NA trimmed its position in shares of Aercap Holdings N.V. (NYSE:AER) by 18.1% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 489 shares of the financial services provider’s stock after selling 108 shares during the quarter. Private Trust Co. NA’s holdings in Aercap were worth $57,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Allianz Asset Management GmbH boosted its stake in shares of Aercap by 33.7% during the second quarter. Allianz Asset Management GmbH now owns 180,215 shares of the financial services provider’s stock valued at $21,085,000 after purchasing an additional 45,423 shares in the last quarter. Ritholtz Wealth Management lifted its stake in shares of Aercap by 3.3% in the second quarter. Ritholtz Wealth Management now owns 12,065 shares of the financial services provider’s stock worth $1,412,000 after acquiring an additional 389 shares during the period. Atria Wealth Solutions Inc. lifted its stake in shares of Aercap by 162.9% in the second quarter. Atria Wealth Solutions Inc. now owns 8,238 shares of the financial services provider’s stock worth $964,000 after acquiring an additional 5,104 shares during the period. Envestnet Portfolio Solutions Inc. lifted its stake in shares of Aercap by 37.3% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 15,099 shares of the financial services provider’s stock worth $1,767,000 after acquiring an additional 4,104 shares during the period. Finally, Sequoia Financial Advisors LLC lifted its stake in shares of Aercap by 7.2% in the second quarter. Sequoia Financial Advisors LLC now owns 7,532 shares of the financial services provider’s stock worth $881,000 after acquiring an additional 507 shares during the period. 96.42% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the company. Barclays lifted their price objective on Aercap from $131.00 to $132.00 and gave the stock an “overweight” rating in a research note on Tuesday. Susquehanna lifted their price objective on Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a research note on Wednesday, August 13th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. Morgan Stanley lifted their price objective on Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 17th. Finally, Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Aercap has a consensus rating of “Moderate Buy” and an average target price of $124.00.

Aercap Price Performance

Shares of AER opened at $120.70 on Friday. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $126.27. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44. The business’s 50 day moving average price is $121.45 and its two-hundred day moving average price is $113.89. The firm has a market cap of $22.54 billion, a PE ratio of 7.51, a price-to-earnings-growth ratio of 2.40 and a beta of 1.40.

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

Aercap Dividend Announcement

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

Aercap Profile

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.