iA Global Asset Management Inc. Buys New Holdings in Aercap Holdings N.V. $AER

iA Global Asset Management Inc. bought a new stake in Aercap Holdings N.V. (NYSE:AER) during the fourth quarter, Holdings Channel reports. The fund bought 65,820 shares of the financial services provider’s stock, valued at approximately $9,462,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mizuho Markets Cayman LP boosted its holdings in Aercap by 45,615.5% in the third quarter. Mizuho Markets Cayman LP now owns 3,510,491 shares of the financial services provider’s stock valued at $424,769,000 after acquiring an additional 3,502,812 shares during the last quarter. Ninety One UK Ltd boosted its holdings in Aercap by 1.1% in the fourth quarter. Ninety One UK Ltd now owns 2,804,003 shares of the financial services provider’s stock valued at $403,103,000 after acquiring an additional 31,794 shares during the last quarter. WGI DM LLC boosted its holdings in Aercap by 40.6% in the third quarter. WGI DM LLC now owns 2,555,812 shares of the financial services provider’s stock valued at $309,253,000 after acquiring an additional 738,176 shares during the last quarter. Mawer Investment Management Ltd. boosted its holdings in Aercap by 35.1% in the third quarter. Mawer Investment Management Ltd. now owns 2,093,694 shares of the financial services provider’s stock valued at $253,337,000 after acquiring an additional 543,465 shares during the last quarter. Finally, Ameriprise Financial Inc. boosted its holdings in Aercap by 1.3% in the third quarter. Ameriprise Financial Inc. now owns 1,958,577 shares of the financial services provider’s stock valued at $237,409,000 after acquiring an additional 25,034 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on AER shares. Weiss Ratings upgraded Aercap from a “buy (b+)” rating to a “buy (a-)” rating in a report on Monday, May 4th. Barclays lifted their target price on Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a report on Thursday, April 30th. Morgan Stanley reduced their target price on Aercap from $160.00 to $155.00 and set an “equal weight” rating on the stock in a report on Thursday, April 30th. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a report on Friday, May 1st. Finally, TD Cowen raised their price objective on Aercap from $170.00 to $175.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, seven have given a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $163.13.

Aercap Trading Up 0.2%

NYSE:AER opened at $139.99 on Monday. The business’s 50-day moving average is $140.47 and its two-hundred day moving average is $141.10. The company has a debt-to-equity ratio of 2.34, a current ratio of 0.24 and a quick ratio of 0.24. Aercap Holdings N.V. has a 12 month low of $105.65 and a 12 month high of $154.94. The firm has a market capitalization of $23.36 billion, a PE ratio of 6.13, a price-to-earnings-growth ratio of 0.98 and a beta of 0.95.

Aercap (NYSE:AER) last released its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $5.39 EPS for the quarter, beating the consensus estimate of $3.59 by $1.80. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The company had revenue of $2.30 billion for the quarter, compared to analyst estimates of $2.07 billion. During the same period last year, the company posted $3.68 earnings per share. The firm’s revenue was up 7.9% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 14.500-14.50 EPS. Research analysts predict that Aercap Holdings N.V. will post 17.23 earnings per share for the current fiscal year.

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

Aercap Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 4th. Shareholders of record on Wednesday, May 13th will be given a $0.40 dividend. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $1.60 annualized dividend and a yield of 1.1%. Aercap’s dividend payout ratio (DPR) is 7.01%.

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.