Verdence Capital Advisors LLC Acquires New Position in Aercap Holdings N.V. $AER

Verdence Capital Advisors LLC bought a new position in Aercap Holdings N.V. (NYSE:AER) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 4,506 shares of the financial services provider’s stock, valued at approximately $546,000.

A number of other institutional investors have also modified their holdings of the stock. Norges Bank bought a new position in Aercap in the second quarter worth approximately $241,392,000. Mawer Investment Management Ltd. purchased a new stake in shares of Aercap in the 2nd quarter worth $181,377,000. Ninety One UK Ltd grew its position in shares of Aercap by 44.8% during the 2nd quarter. Ninety One UK Ltd now owns 2,794,925 shares of the financial services provider’s stock worth $327,006,000 after buying an additional 864,348 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Aercap by 25.0% during the second quarter. JPMorgan Chase & Co. now owns 2,873,872 shares of the financial services provider’s stock valued at $336,243,000 after buying an additional 575,320 shares during the period. Finally, Aberdeen Group plc raised its holdings in shares of Aercap by 1,570.1% in the second quarter. Aberdeen Group plc now owns 518,770 shares of the financial services provider’s stock valued at $60,696,000 after acquiring an additional 487,708 shares in the last quarter. 96.42% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

AER has been the topic of several recent research reports. Bank of America increased their target price on shares of Aercap from $130.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, November 4th. Susquehanna upped their target price on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a report on Tuesday, November 11th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a report on Wednesday. Truist Financial started coverage on Aercap in a research report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price target for the company. Finally, Barclays raised their price objective on Aercap from $144.00 to $162.00 and gave the company an “overweight” rating in a research report on Tuesday, January 6th. Seven equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $148.86.

Aercap Stock Performance

AER opened at $143.70 on Friday. The company has a market cap of $26.84 billion, a P/E ratio of 6.81, a price-to-earnings-growth ratio of 0.73 and a beta of 1.08. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 2.43. The firm’s 50-day moving average price is $140.51 and its 200-day moving average price is $127.18. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $149.24.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.16 by $1.81. Aercap had a net margin of 45.41% and a return on equity of 15.16%. The business had revenue of $2.31 billion for the quarter, compared to analyst estimates of $2 billion. During the same quarter in the prior year, the business posted $2.41 EPS. Aercap’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. As a group, equities analysts anticipate that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, December 4th. Shareholders of record on Wednesday, November 12th were given a dividend of $0.27 per share. The ex-dividend date of this dividend was Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a yield of 0.8%. Aercap’s payout ratio is currently 5.12%.

Aercap 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.