Private Trust Co. NA Sells 108 Shares of Aercap Holdings N.V. $AER

Private Trust Co. NA decreased its position in shares of Aercap Holdings N.V. (NYSE:AER) by 18.1% in the 2nd quarter, HoldingsChannel reports. The fund owned 489 shares of the financial services provider’s stock after selling 108 shares during the period. Private Trust Co. NA’s holdings in Aercap were worth $57,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Mather Group LLC. grew its holdings in Aercap by 230.1% during the first quarter. Mather Group LLC. now owns 307 shares of the financial services provider’s stock worth $31,000 after buying an additional 214 shares in the last quarter. Quarry LP bought a new stake in Aercap during the first quarter worth $37,000. Geneos Wealth Management Inc. grew its holdings in Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after buying an additional 94 shares in the last quarter. Summit Securities Group LLC bought a new stake in Aercap during the first quarter worth $64,000. Finally, Covestor Ltd grew its holdings in Aercap by 9.6% during the first quarter. Covestor Ltd now owns 1,422 shares of the financial services provider’s stock worth $145,000 after buying an additional 125 shares in the last quarter. Institutional investors own 96.42% of the company’s stock.

Aercap Stock Up 0.7%

AER stock opened at $120.70 on Friday. The stock’s fifty day simple moving average is $121.45 and its two-hundred day simple moving average is $113.89. The company has a current ratio of 0.44, a quick ratio of 0.44 and a debt-to-equity ratio of 2.57. Aercap Holdings N.V. has a 1-year low of $85.57 and a 1-year high of $126.27. The stock has a market cap of $22.54 billion, a P/E ratio of 7.51, a P/E/G ratio of 2.40 and a beta of 1.40.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, July 30th. The financial services provider reported $2.83 EPS for the quarter, beating analysts’ consensus estimates of $2.75 by $0.08. Aercap had a return on equity of 13.13% and a net margin of 36.93%.The firm had revenue of $1.89 billion for the quarter, compared to analysts’ expectations of $2.03 billion. During the same quarter in the prior year, the firm earned $3.01 EPS. The business’s revenue for the quarter was down 3.6% compared to the same quarter last year. Aercap has set its FY 2025 guidance at 11.600-11.600 EPS. Analysts expect that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 4th. Stockholders of record on Wednesday, August 13th were given a dividend of $0.27 per share. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 13th. Aercap’s dividend payout ratio is currently 6.72%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on AER shares. Morgan Stanley upped their price target on Aercap from $111.00 to $120.00 and gave the stock an “equal weight” rating in a report on Thursday, July 17th. Weiss Ratings reiterated a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Barclays upped their price target on Aercap from $131.00 to $132.00 and gave the stock an “overweight” rating in a report on Tuesday. Finally, Susquehanna boosted their price objective on Aercap from $130.00 to $134.00 and gave the stock a “positive” rating in a research report on Wednesday, August 13th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Aercap currently has a consensus rating of “Moderate Buy” and an average target price of $124.00.

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.