Korea Investment CORP Raises Holdings in Aercap Holdings N.V. $AER

Korea Investment CORP grew its holdings in Aercap Holdings N.V. (NYSE:AER) by 9.7% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 146,235 shares of the financial services provider’s stock after buying an additional 12,939 shares during the quarter. Korea Investment CORP’s holdings in Aercap were worth $17,109,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Quarry LP acquired a new stake in Aercap in the first quarter valued at $37,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Aercap in the 2nd quarter valued at about $43,000. Geneos Wealth Management Inc. lifted its stake in shares of Aercap by 26.6% in the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after purchasing an additional 94 shares during the period. Whittier Trust Co. acquired a new stake in shares of Aercap in the second quarter valued at about $53,000. Finally, Summit Securities Group LLC purchased a new stake in Aercap during the first quarter worth about $64,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Stock Performance

Aercap stock opened at $134.00 on Friday. Aercap Holdings N.V. has a fifty-two week low of $85.57 and a fifty-two week high of $138.34. The company has a market capitalization of $25.03 billion, a price-to-earnings ratio of 6.35, a PEG ratio of 2.50 and a beta of 1.40. The stock has a fifty day moving average of $127.06 and a two-hundred day moving average of $119.68. The company has a debt-to-equity ratio of 2.57, a quick ratio of 0.44 and a current ratio of 0.44.

Aercap (NYSE:AER) last posted its quarterly earnings data on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, beating 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 business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2 billion. During the same quarter last year, the company earned $2.41 earnings per share. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th will be issued 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 payout ratio is 5.12%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Weiss Ratings reaffirmed a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Susquehanna boosted their target price on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research report on Tuesday, November 11th. Morgan Stanley raised their price target on Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 11th. Finally, TD Cowen boosted their price objective on shares of Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a research report on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $144.17.

Aercap 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.