Aercap (NYSE:AER – Free Report) had its target price lifted by TD Cowen from $180.00 to $185.00 in a research note issued to investors on Monday morning,Benzinga reports. The firm currently has a buy rating on the financial services provider’s stock.
Other equities research analysts have also issued reports about the company. Susquehanna raised their price objective on Aercap from $170.00 to $176.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th. Truist Financial set a $180.00 target price on Aercap in a research report on Monday, October 5th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a $190.00 target price on shares of Aercap in a research report on Thursday, July 30th. Citigroup increased their price target on Aercap from $173.00 to $178.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Finally, Zacks Research downgraded Aercap from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 29th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, Aercap presently has an average rating of “Moderate Buy” and a consensus target price of $173.11.
View Our Latest Report on Aercap
Aercap Stock Up 1.0%
Aercap (NYSE:AER – Get Free Report) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $5.14 EPS for the quarter, topping the consensus estimate of $4.14 by $1.00. Aercap had a return on equity of 17.60% and a net margin of 37.85%. The company had revenue of $2.17 billion during the quarter, compared to analyst estimates of $2.10 billion. During the same quarter last year, the business posted $2.83 earnings per share. The firm’s revenue was up 14.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. As a group, equities research analysts predict that Aercap will post 19.13 earnings per share for the current year.
Aercap Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 12th were given a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Aercap’s dividend payout ratio is presently 7.87%.
Hedge Funds Weigh In On Aercap
Several institutional investors have recently made changes to their positions in the company. Donald Smith & CO. Inc. bought a new stake in shares of Aercap in the 2nd quarter valued at about $424,585,000. KBC Group NV grew its position in shares of Aercap by 1.2% in the 1st quarter. KBC Group NV now owns 982,037 shares of the financial services provider’s stock worth $134,715,000 after buying an additional 11,916 shares during the last quarter. Sei Investments Co. raised its stake in shares of Aercap by 23.2% during the 1st quarter. Sei Investments Co. now owns 769,611 shares of the financial services provider’s stock worth $105,575,000 after acquiring an additional 144,857 shares in the last quarter. Swiss National Bank raised its stake in shares of Aercap by 20.4% during the 1st quarter. Swiss National Bank now owns 579,800 shares of the financial services provider’s stock worth $79,537,000 after acquiring an additional 98,200 shares in the last quarter. Finally, Janney Montgomery Scott LLC raised its stake in shares of Aercap by 2.2% during the 1st quarter. Janney Montgomery Scott LLC now owns 486,450 shares of the financial services provider’s stock worth $66,731,000 after acquiring an additional 10,406 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.
Aercap Company Profile
AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland. The company provides aircraft leasing and aviation finance services to airlines and other aviation customers worldwide, helping them access commercial aircraft and related equipment without owning the assets outright.
AerCap’s business includes the leasing, purchase, sale and financing of commercial passenger aircraft, cargo aircraft, engines and helicopters. It also provides asset management and fleet planning services, and supports customers through aircraft transitions, remarketing, maintenance coordination and other lifecycle activities.
The company serves airlines across major aviation markets, including North America, Europe, Asia-Pacific, the Middle East, Latin America and Africa.
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