Wall Street Zen Upgrades AAR (NYSE:AIR) to “Buy”

AAR (NYSE:AIR) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a report issued on Sunday.

Several other brokerages have also weighed in on AIR. Truist Financial increased their price objective on shares of AAR from $81.00 to $90.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $85.00 price objective on shares of AAR in a report on Wednesday, September 24th. Finally, KeyCorp lifted their price target on shares of AAR from $80.00 to $86.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Four equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $87.75.

AAR Stock Performance

NYSE AIR opened at $87.93 on Friday. The company has a debt-to-equity ratio of 0.82, a current ratio of 2.91 and a quick ratio of 1.31. The firm has a market capitalization of $3.18 billion, a price-to-earnings ratio of 112.73 and a beta of 1.50. The company’s fifty day moving average is $76.18 and its two-hundred day moving average is $67.58. AAR has a 52-week low of $46.51 and a 52-week high of $88.54.

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

Insiders Place Their Bets

In related news, Director Jennifer L. Vogel sold 7,000 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $78.07, for a total transaction of $546,490.00. Following the sale, the director directly owned 22,970 shares of the company’s stock, valued at $1,793,267.90. This trade represents a 23.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CAO Jessica A. Garascia sold 3,631 shares of AAR 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 transaction, the chief accounting officer directly owned 39,117 shares in the company, valued at approximately $3,015,138.36. The trade was a 8.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 95,182 shares of company stock valued at $7,331,452. 3.60% of the stock is currently owned by corporate insiders.

Institutional Trading of AAR

A number of hedge funds have recently modified their holdings of AIR. State Street Corp increased its stake in AAR by 10.9% during the second quarter. State Street Corp now owns 1,917,821 shares of the aerospace company’s stock worth $131,927,000 after acquiring an additional 188,406 shares during the last quarter. Westwood Holdings Group Inc. increased its position in AAR by 10.3% during the first quarter. Westwood Holdings Group Inc. now owns 1,589,320 shares of the aerospace company’s stock worth $88,986,000 after buying an additional 148,166 shares during the period. Invesco Ltd. increased its position in AAR by 4.2% in the 2nd quarter. Invesco Ltd. now owns 1,208,796 shares of the aerospace company’s stock valued at $83,153,000 after acquiring an additional 48,376 shares during the period. Franklin Resources Inc. increased its position in AAR by 0.5% during the 2nd quarter. Franklin Resources Inc. now owns 842,909 shares of the aerospace company’s stock worth $57,984,000 after purchasing an additional 4,608 shares during the period. Finally, Geode Capital Management LLC boosted its stake in shares of AAR by 1.4% during the 2nd quarter. Geode Capital Management LLC now owns 838,492 shares of the aerospace company’s stock worth $57,687,000 after acquiring an additional 11,170 shares in the last quarter. Hedge funds and other institutional investors own 90.74% of the company’s stock.

AAR Company Profile

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.