AAR’s (AIR) “Outperform” Rating Reiterated at Royal Bank Of Canada

Royal Bank Of Canada reissued their outperform rating on shares of AAR (NYSE:AIR) in a research report released on Wednesday,Benzinga reports. The firm currently has a $85.00 price objective on the aerospace company’s stock.

A number of other analysts have also recently commented on AIR. Truist Financial increased their price target on shares of AAR from $78.00 to $81.00 and gave the company a “buy” rating in a research note on Friday, July 11th. KeyCorp raised their target price on shares of AAR from $80.00 to $86.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Finally, Wall Street Zen lowered shares of AAR from a “buy” rating to a “hold” rating in a report on Saturday, September 20th. Four research analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $86.00.

AAR Trading Up 4.3%

Shares of NYSE AIR opened at $86.25 on Wednesday. The company’s 50 day simple moving average is $76.04 and its 200 day simple moving average is $67.42. AAR has a fifty-two week low of $46.51 and a fifty-two week high of $87.67. The firm has a market capitalization of $3.11 billion, a P/E ratio of 110.58 and a beta of 1.50. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.91 and a quick ratio of 1.26.

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

Insider Activity at AAR

In other news, CAO Jessica A. Garascia sold 3,631 shares of the stock in a transaction dated Wednesday, July 23rd. The shares were sold at an average price of $77.08, for a total value of $279,877.48. Following the sale, the chief accounting officer directly owned 39,117 shares of the company’s stock, valued at approximately $3,015,138.36. This represents a 8.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Jennifer L. Vogel sold 7,000 shares of the stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $78.07, for a total transaction of $546,490.00. Following the completion of the sale, the director directly owned 22,970 shares in the company, valued at approximately $1,793,267.90. The trade was a 23.36% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 95,182 shares of company stock worth $7,331,452 in the last ninety days. Corporate insiders own 3.60% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Osterweis Capital Management Inc. purchased a new position in shares of AAR during the second quarter worth approximately $26,000. Hughes Financial Services LLC purchased a new position in shares of AAR during the first quarter worth approximately $28,000. Virtus Advisers LLC purchased a new position in shares of AAR during the first quarter worth approximately $47,000. GAMMA Investing LLC grew its holdings in shares of AAR by 88.5% in the first quarter. GAMMA Investing LLC now owns 1,131 shares of the aerospace company’s stock worth $63,000 after purchasing an additional 531 shares during the last quarter. Finally, Simplex Trading LLC bought a new position in shares of AAR in the second quarter worth approximately $103,000. 90.74% of the stock is owned by hedge funds and other institutional investors.

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.