3,000 Shares in Aercap Holdings N.V. $AER Bought by Cannon Financial Strategists Inc.

Cannon Financial Strategists Inc. purchased a new stake in Aercap Holdings N.V. (NYSE:AER) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 3,000 shares of the financial services provider’s stock, valued at approximately $351,000.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Quarry LP purchased a new position in Aercap in the first quarter valued at about $37,000. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Aercap in the 2nd quarter worth approximately $43,000. Geneos Wealth Management Inc. grew its holdings 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 worth $46,000 after acquiring an additional 94 shares during the period. Whittier Trust Co. purchased a new position in Aercap in the 2nd quarter valued at approximately $53,000. Finally, Summit Securities Group LLC acquired a new position in Aercap during the first quarter worth $64,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

AER has been the subject of a number of research analyst reports. Susquehanna raised their price target on Aercap from $130.00 to $134.00 and gave the company a “positive” rating in a research report on Wednesday, August 13th. Morgan Stanley raised their target price on shares of Aercap from $111.00 to $120.00 and gave the company an “equal weight” rating in a report on Thursday, July 17th. Cowen restated a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. TD Cowen increased their price target on shares of Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research report on Thursday, October 30th. Finally, Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $133.00.

Aercap Price Performance

Aercap stock opened at $132.91 on Friday. The stock has a market capitalization of $24.83 billion, a P/E ratio of 6.30, a P/E/G ratio of 2.50 and a beta of 1.40. Aercap Holdings N.V. has a 12-month low of $85.57 and a 12-month high of $135.01. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44. The firm’s 50-day moving average is $123.58 and its two-hundred day moving average is $116.69.

Aercap (NYSE:AER) last announced its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) 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 15.31%. The business had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2 billion. During the same quarter in the prior year, the firm posted $2.41 earnings per share. The company’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. Equities analysts predict that Aercap Holdings N.V. will post 11.29 earnings per share for the current year.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th will be paid a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Wednesday, November 12th. Aercap’s dividend payout ratio is currently 5.12%.

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.