ZWJ Investment Counsel Inc. Invests $223,000 in AAR Corp. $AIR

ZWJ Investment Counsel Inc. bought a new position in shares of AAR Corp. (NYSE:AIR) in the second quarter, HoldingsChannel reports. The institutional investor bought 3,240 shares of the aerospace company’s stock, valued at approximately $223,000.

Other hedge funds also recently modified their holdings of the company. Hughes Financial Services LLC acquired a new stake in shares of AAR during the 1st quarter worth about $28,000. Virtus Advisers LLC acquired a new stake in shares of AAR during the 1st quarter worth about $47,000. GAMMA Investing LLC lifted its stake in shares of AAR by 88.5% during the 1st quarter. GAMMA Investing LLC now owns 1,131 shares of the aerospace company’s stock worth $63,000 after buying an additional 531 shares during the last quarter. State of Wyoming increased its position in AAR by 128.5% during the first quarter. State of Wyoming now owns 1,821 shares of the aerospace company’s stock worth $102,000 after acquiring an additional 1,024 shares during the period. Finally, Meyer Handelman Co. bought a new position in AAR during the second quarter worth about $206,000. Institutional investors and hedge funds own 90.74% of the company’s stock.

Analyst Upgrades and Downgrades

AIR has been the topic of a number of recent research reports. Zacks Research raised shares of AAR from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, September 30th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of AAR in a research report on Saturday, September 27th. Wall Street Zen raised shares of AAR from a “hold” rating to a “buy” rating in a research report on Sunday, September 28th. Truist Financial raised their price target on shares of AAR from $81.00 to $90.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $85.00 target price on shares of AAR in a report on Wednesday, September 24th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $89.33.

AAR Stock Down 2.6%

Shares of NYSE AIR opened at $81.78 on Friday. The company has a market capitalization of $3.20 billion, a P/E ratio of 104.84 and a beta of 1.52. AAR Corp. has a 52-week low of $46.51 and a 52-week high of $89.69. The company has a debt-to-equity ratio of 0.82, a quick ratio of 1.31 and a current ratio of 2.91. The company’s 50 day moving average price is $76.73 and its 200-day moving average price is $68.05.

AAR (NYSE:AIR) last released its quarterly earnings data on Tuesday, September 23rd. The aerospace company reported $1.08 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.10. The company had revenue of $739.60 million during the quarter, compared to analyst estimates of $692.47 million. AAR had a net margin of 1.01% and a return on equity of 12.29%. AAR’s revenue for the quarter was up 11.8% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.50 EPS. AAR has set its Q2 2026 guidance at EPS. Equities analysts forecast that AAR Corp. will post 3.77 earnings per share for the current year.

Insider Activity at AAR

In other news, Director Jennifer L. Vogel sold 7,000 shares of AAR stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $78.07, for a total value of $546,490.00. Following the completion of the sale, the director owned 22,970 shares in the company, valued at $1,793,267.90. The trade was a 23.36% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Sean M. Gillen sold 18,000 shares of AAR stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $77.37, for a total transaction of $1,392,660.00. Following the completion of the sale, the chief financial officer owned 99,868 shares of the company’s stock, valued at $7,726,787.16. This represents a 15.27% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 95,182 shares of company stock worth $7,331,452. 3.60% of the stock is owned by insiders.

About AAR

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes.