Convergence Investment Partners LLC Purchases New Position in Aercap Holdings N.V. $AER

Convergence Investment Partners LLC purchased a new stake in shares of Aercap Holdings N.V. (NYSE:AER) during the fourth quarter, HoldingsChannel.com reports. The firm purchased 10,571 shares of the financial services provider’s stock, valued at approximately $1,520,000.

Several other large investors have also bought and sold shares of AER. Harbor Capital Advisors Inc. bought a new stake in Aercap during the 4th quarter valued at approximately $27,000. Advisory Services Network LLC bought a new stake in Aercap during the 3rd quarter valued at approximately $35,000. Geneos Wealth Management Inc. boosted its position in Aercap by 26.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares in the last quarter. GAMMA Investing LLC boosted its position in Aercap by 36.5% during the 4th quarter. GAMMA Investing LLC now owns 359 shares of the financial services provider’s stock valued at $52,000 after acquiring an additional 96 shares in the last quarter. Finally, JFS Wealth Advisors LLC bought a new stake in Aercap during the 3rd quarter valued at approximately $67,000. 96.42% of the stock is owned by institutional investors.

Aercap Stock Performance

Shares of AER opened at $139.99 on Friday. The company has a quick ratio of 0.24, a current ratio of 0.24 and a debt-to-equity ratio of 2.34. The business’s 50 day moving average price is $140.47 and its 200-day moving average price is $140.96. Aercap Holdings N.V. has a 52 week low of $105.65 and a 52 week high of $154.94. The stock has a market cap of $23.36 billion, a P/E ratio of 6.13, a P/E/G ratio of 0.99 and a beta of 0.95.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, April 29th. The financial services provider reported $5.39 EPS for the quarter, topping 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 firm had revenue of $2.30 billion for the quarter, compared to analysts’ expectations of $2.07 billion. During the same period in the previous year, the firm posted $3.68 EPS. The business’s revenue for the quarter was up 7.9% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 14.500-14.50 EPS. Equities research analysts anticipate that Aercap Holdings N.V. will post 17.23 earnings per share for the current fiscal year.

Aercap announced that its Board of Directors has approved a share repurchase program on Wednesday, April 29th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to purchase up to 4.3% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its stock is undervalued.

Aercap Announces Dividend

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

Analyst Upgrades and Downgrades

AER has been the topic of several research reports. Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. Weiss Ratings raised Aercap from a “buy (b+)” rating to a “buy (a-)” rating in a research report on Monday, May 4th. TD Cowen lifted their price objective on Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Barclays lifted their price objective on Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Finally, Deutsche Bank Aktiengesellschaft set a $175.00 price objective on Aercap and gave the company a “buy” rating in a research report on Tuesday, February 10th. Two 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 data from MarketBeat.com, Aercap presently has an average rating of “Buy” and an average price target of $163.13.

Aercap Company Profile

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.