Intrust Bank NA Acquires Shares of 2,300 Aercap Holdings N.V. $AER

Intrust Bank NA bought a new position in Aercap Holdings N.V. (NYSE:AER) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor bought 2,300 shares of the financial services provider’s stock, valued at approximately $269,000.

Several other institutional investors also recently modified their holdings of AER. Quarry LP bought a new stake in Aercap during the first quarter worth about $37,000. Caitong International Asset Management Co. Ltd purchased a new position in shares of Aercap during the second quarter valued at approximately $43,000. Geneos Wealth Management Inc. lifted its holdings in shares of Aercap by 26.6% during 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 last quarter. Whittier Trust Co. bought a new stake in shares of Aercap in the 2nd quarter worth approximately $53,000. Finally, Summit Securities Group LLC purchased a new stake in shares of Aercap in the 1st quarter worth approximately $64,000. 96.42% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research analysts have issued reports on the company. TD Cowen lifted their price objective on Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Barclays lifted their price target on Aercap from $132.00 to $144.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Cowen reissued a “buy” rating on shares of Aercap in a research report on Thursday, October 30th. Bank of America raised their price objective on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, November 4th. Finally, Zacks Research upgraded shares of Aercap from a “hold” rating to a “strong-buy” rating in a research note on Thursday, October 16th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $140.57.

Aercap Trading Down 0.5%

Aercap stock opened at $132.26 on Wednesday. Aercap Holdings N.V. has a one year low of $85.57 and a one year high of $138.34. The business’s fifty day moving average is $125.29 and its 200 day moving average is $118.46. The stock has a market capitalization of $24.70 billion, a PE ratio of 6.27, a price-to-earnings-growth ratio of 2.50 and a beta of 1.40. The company has a debt-to-equity ratio of 2.57, a current ratio of 0.44 and a quick ratio of 0.44.

Aercap (NYSE:AER) last posted its earnings results on Wednesday, October 29th. The financial services provider reported $4.97 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.16 by $1.81. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2 billion. Aercap had a net margin of 45.41% and a return on equity of 15.31%. The business’s revenue for the quarter was up 18.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.41 EPS. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. On average, sell-side analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current year.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 4th. Investors of record on Wednesday, November 12th will be issued a $0.27 dividend. The ex-dividend date is Wednesday, November 12th. This represents a $1.08 annualized dividend and a yield of 0.8%. Aercap’s dividend payout ratio (DPR) is currently 5.12%.

Aercap Company 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.