Circle Wealth Management LLC Buys 923 Shares of Aercap Holdings N.V. $AER

Circle Wealth Management LLC increased its stake in Aercap Holdings N.V. (NYSE:AER) by 14.9% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 7,138 shares of the financial services provider’s stock after purchasing an additional 923 shares during the quarter. Circle Wealth Management LLC’s holdings in Aercap were worth $729,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in AER. Ameriflex Group Inc. bought a new position in shares of Aercap during the 4th quarter valued at $27,000. Mather Group LLC. lifted its holdings in Aercap by 230.1% in the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock valued at $31,000 after acquiring an additional 214 shares during the period. Summit Securities Group LLC purchased a new position in Aercap in the first quarter worth about $64,000. Blue Trust Inc. boosted its position in Aercap by 42.2% in the first quarter. Blue Trust Inc. now owns 1,318 shares of the financial services provider’s stock worth $135,000 after purchasing an additional 391 shares during the last quarter. Finally, Covestor Ltd grew its stake in shares of Aercap by 9.6% during the 1st quarter. Covestor Ltd now owns 1,422 shares of the financial services provider’s stock valued at $145,000 after purchasing an additional 125 shares during the period. 96.42% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities analysts have recently weighed in on AER shares. Morgan Stanley increased their price objective 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. Susquehanna raised their target price on Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a report on Wednesday, August 13th. JPMorgan Chase & Co. lifted their price objective on Aercap from $112.00 to $114.00 and gave the company an “overweight” rating in a research report on Thursday, May 1st. Finally, Barclays boosted their price objective on Aercap from $115.00 to $131.00 and gave the company an “overweight” rating in a research note on Thursday, July 10th. Six analysts have rated the stock with 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, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $122.57.

Aercap Price Performance

Shares of Aercap stock opened at $117.8390 on Friday. The stock’s 50-day simple moving average is $113.55 and its 200-day simple moving average is $107.14. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $118.17. The company has a market capitalization of $22.01 billion, a price-to-earnings ratio of 7.33, a PEG ratio of 2.32 and a beta of 1.44. The company has a quick ratio of 0.44, a current ratio of 0.44 and a debt-to-equity ratio of 2.57.

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

Aercap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th will be given a dividend of $0.27 per share. The ex-dividend date is Wednesday, August 13th. This represents a $1.08 annualized dividend and a dividend yield of 0.9%. Aercap’s dividend payout ratio (DPR) is presently 6.72%.

Aercap Company 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.