Swedbank AB Sells 3,811 Shares of Aercap Holdings N.V. $AER

Swedbank AB decreased its position in Aercap Holdings N.V. (NYSE:AER) by 3.0% during the 4th quarter, HoldingsChannel reports. The fund owned 124,975 shares of the financial services provider’s stock after selling 3,811 shares during the quarter. Swedbank AB’s holdings in Aercap were worth $17,966,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in Aercap by 6.3% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 175,986 shares of the financial services provider’s stock valued at $25,453,000 after acquiring an additional 10,447 shares in the last quarter. Triasima Portfolio Management inc. lifted its stake in Aercap by 1.6% in the 4th quarter. Triasima Portfolio Management inc. now owns 43,260 shares of the financial services provider’s stock valued at $6,219,000 after acquiring an additional 685 shares in the last quarter. Truist Financial Corp lifted its stake in Aercap by 3.1% in the 4th quarter. Truist Financial Corp now owns 48,578 shares of the financial services provider’s stock valued at $6,984,000 after acquiring an additional 1,457 shares in the last quarter. Ativo Capital Management LLC bought a new stake in Aercap in the 4th quarter valued at approximately $5,671,000. Finally, Balentine LLC lifted its stake in Aercap by 130.0% in the 4th quarter. Balentine LLC now owns 6,734 shares of the financial services provider’s stock valued at $968,000 after acquiring an additional 3,806 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Stock Up 1.1%

AER opened at $150.06 on Friday. Aercap Holdings N.V. has a 1-year low of $105.65 and a 1-year high of $154.94. The stock’s fifty day simple moving average is $141.08 and its 200 day simple moving average is $140.10. The company has a current ratio of 0.24, a quick ratio of 0.24 and a debt-to-equity ratio of 2.34. The stock has a market cap of $25.04 billion, a PE ratio of 6.58, a price-to-earnings-growth ratio of 1.04 and a beta of 0.95.

Aercap (NYSE:AER) last posted its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $5.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.59 by $1.80. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The business had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same quarter in the prior year, the business earned $3.68 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 14.500-14.50 EPS. As a group, research analysts expect that Aercap Holdings N.V. will post 17.23 earnings per share for the current year.

Aercap announced that its board has authorized a share repurchase plan on Wednesday, April 29th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the financial services provider to buy up to 4.3% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Aercap Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 4th. Investors of record on Wednesday, May 13th will be paid a $0.40 dividend. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Wednesday, May 13th. Aercap’s dividend payout ratio is 7.01%.

Analysts Set New Price Targets

Several equities research analysts have commented on AER shares. JPMorgan Chase & Co. boosted their target price on Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Truist Financial boosted their target price on Aercap from $159.00 to $161.00 and gave the company a “buy” rating in a research note on Thursday, April 30th. Susquehanna upped their price objective on Aercap from $165.00 to $170.00 and gave the stock a “positive” rating in a research note on Thursday, April 30th. TD Cowen upped their price objective on Aercap from $170.00 to $175.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. Finally, Barclays upped their price objective on Aercap from $162.00 to $164.00 and gave the stock an “overweight” rating in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat.com, Aercap presently has an average rating of “Buy” and an average price target of $163.13.

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.