Intrust Bank NA Buys Shares of 2,300 Aercap Holdings N.V. $AER

Intrust Bank NA bought a new position in Aercap Holdings N.V. (NYSE:AER) during the 2nd quarter, Holdings Channel.com reports. The fund bought 2,300 shares of the financial services provider’s stock, valued at approximately $269,000.

Other large investors have also made changes to their positions in the company. American Century Companies Inc. grew its position in Aercap by 6.5% during the first quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider’s stock valued at $13,215,000 after buying an additional 7,896 shares during the period. Zurich Insurance Group Ltd FI raised its position in Aercap by 24.8% in the first quarter. Zurich Insurance Group Ltd FI now owns 129,682 shares of the financial services provider’s stock worth $13,250,000 after acquiring an additional 25,780 shares during the period. Corton Capital Inc. purchased a new position in shares of Aercap during the 2nd quarter worth $415,000. Atria Wealth Solutions Inc. grew its position in shares of Aercap by 162.9% during the 2nd quarter. Atria Wealth Solutions Inc. now owns 8,238 shares of the financial services provider’s stock valued at $964,000 after acquiring an additional 5,104 shares during the period. Finally, Meridian Wealth Management LLC grew its position in shares of Aercap by 28.7% during the 2nd quarter. Meridian Wealth Management LLC now owns 137,086 shares of the financial services provider’s stock valued at $16,039,000 after acquiring an additional 30,543 shares during the period. 96.42% of the stock is currently owned by institutional investors.

Aercap Stock Performance

NYSE AER opened at $132.26 on Wednesday. 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 Holdings N.V. has a twelve month low of $85.57 and a twelve month high of $138.34. The business has a 50-day moving average price of $125.29 and a 200-day moving average price of $118.46. The firm has a market cap of $24.70 billion, a price-to-earnings ratio of 6.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.40.

Aercap (NYSE:AER) last posted its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping analysts’ consensus estimates of $3.16 by $1.81. Aercap had a return on equity of 15.31% and a net margin of 45.41%.The company had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2 billion. During the same period in the previous year, the firm earned $2.41 EPS. The firm’s 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. As a group, equities research analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on AER shares. Cowen reiterated a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. Barclays upped their price target on Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Susquehanna lifted their price objective on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. Bank of America boosted their price objective on Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, Zacks Research upgraded shares of Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $140.57.

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.