Wedge Capital Management L L P NC Increases Holdings in Aercap Holdings N.V. $AER

Wedge Capital Management L L P NC increased its position in Aercap Holdings N.V. (NYSE:AER) by 5.4% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 237,880 shares of the financial services provider’s stock after buying an additional 12,235 shares during the quarter. Wedge Capital Management L L P NC’s holdings in Aercap were worth $34,678,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of AER. Norges Bank purchased a new stake in shares of Aercap during the fourth quarter valued at approximately $352,172,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in shares of Aercap in the fourth quarter worth $282,665,000. L1 Capital International Pty Ltd increased its stake in shares of Aercap by 344.2% in the fourth quarter. L1 Capital International Pty Ltd now owns 1,527,454 shares of the financial services provider’s stock worth $219,587,000 after buying an additional 1,183,616 shares during the period. Mawer Investment Management Ltd. raised its holdings in Aercap by 56.3% during the 4th quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock valued at $470,517,000 after buying an additional 1,179,241 shares during the last quarter. Finally, Alyeska Investment Group L.P. raised its holdings in Aercap by 642.7% during the 3rd quarter. Alyeska Investment Group L.P. now owns 1,111,552 shares of the financial services provider’s stock valued at $134,498,000 after buying an additional 961,890 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors.

Aercap Stock Performance

Shares of AER stock opened at $149.28 on Wednesday. The stock has a fifty day moving average of $147.11 and a 200 day moving average of $144.02. Aercap Holdings N.V. has a 52 week low of $110.67 and a 52 week high of $158.80. The firm has a market capitalization of $24.91 billion, a price-to-earnings ratio of 7.35, a PEG ratio of 0.60 and a beta of 0.93. The company has a quick ratio of 0.28, a current ratio of 0.28 and a debt-to-equity ratio of 2.32.

Aercap (NYSE:AER) last released its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share for the quarter, beating the consensus estimate of $4.14 by $1.00. The business had revenue of $2.22 billion for the quarter, compared to analysts’ expectations of $2.10 billion. Aercap had a net margin of 37.85% and a return on equity of 17.60%. The firm’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the business posted $2.83 earnings per share. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. As a group, research analysts expect that Aercap Holdings N.V. will post 18.95 earnings per share for the current year.

Aercap declared that its board has initiated a share buyback program on Wednesday, April 29th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the financial services provider to repurchase up to 4.3% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 12th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, August 12th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. Aercap’s payout ratio is presently 7.87%.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on AER shares. Citigroup raised their price target on shares of Aercap from $173.00 to $178.00 and gave the stock a “buy” rating in a report on Thursday, July 30th. Morgan Stanley upped their price objective on shares of Aercap from $155.00 to $165.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Zacks Research upgraded shares of Aercap from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Susquehanna raised their target price on Aercap from $170.00 to $176.00 and gave the stock a “positive” rating in a research note on Tuesday, July 7th. Finally, TD Cowen boosted their price target on Aercap from $175.00 to $180.00 and gave the company a “buy” rating in a report on Thursday, July 16th. One equities research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Aercap presently has a consensus rating of “Buy” and a consensus target price of $172.56.

About Aercap

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.