Aercap Holdings N.V. (NYSE:AER – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $158.39 and last traded at $157.62, with a volume of 48033 shares trading hands. The stock had previously closed at $155.08.
Analysts Set New Price Targets
A number of brokerages have issued reports on AER. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. Weiss Ratings downgraded Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research report on Thursday, July 30th. Citigroup increased their price target on Aercap from $173.00 to $178.00 and gave the company a “buy” rating in a report on Thursday, July 30th. JPMorgan Chase & Co. raised their price target on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a research report on Thursday, April 30th. Finally, Morgan Stanley lifted their price objective on shares of Aercap from $155.00 to $165.00 and gave the stock an “equal weight” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Aercap has an average rating of “Buy” and a consensus price target of $172.56.
Get Our Latest Stock Report on Aercap
Aercap Stock Up 1.1%
Aercap (NYSE:AER – Get Free Report) last announced its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share for the quarter, topping the consensus estimate of $4.14 by $1.00. Aercap had a net margin of 37.85% and a return on equity of 17.60%. The firm had revenue of $2.22 billion during the quarter, compared to analysts’ expectations of $2.10 billion. During the same quarter in the prior year, the company earned $2.83 EPS. The company’s revenue was up 14.9% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. As a group, equities research analysts expect that Aercap Holdings N.V. will post 18.95 earnings per share for the current year.
Aercap Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors of record on Wednesday, August 12th will be paid a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $1.60 dividend on an annualized basis and a yield of 1.0%. Aercap’s payout ratio is 7.87%.
Aercap announced that its board has authorized a share repurchase program on Wednesday, April 29th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the financial services provider to reacquire up to 4.3% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s leadership believes its shares are undervalued.
Institutional Trading of Aercap
Several hedge funds and other institutional investors have recently bought and sold shares of AER. Arkadios Wealth Advisors raised its position in shares of Aercap by 2.7% in the 4th quarter. Arkadios Wealth Advisors now owns 2,525 shares of the financial services provider’s stock worth $363,000 after acquiring an additional 67 shares in the last quarter. Williams & Novak LLC boosted its position in Aercap by 4.6% during the second quarter. Williams & Novak LLC now owns 1,531 shares of the financial services provider’s stock valued at $223,000 after purchasing an additional 68 shares in the last quarter. Parallel Advisors LLC boosted its position in Aercap by 7.1% during the first quarter. Parallel Advisors LLC now owns 1,110 shares of the financial services provider’s stock valued at $152,000 after purchasing an additional 74 shares in the last quarter. Contravisory Investment Management Inc. grew its stake in Aercap by 4.2% in the second quarter. Contravisory Investment Management Inc. now owns 1,968 shares of the financial services provider’s stock valued at $287,000 after purchasing an additional 79 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its stake in Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 94 shares during the last quarter. Institutional investors own 96.42% of the company’s stock.
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.
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