Royal Bank of Canada Has $38.45 Million Stake in Aercap Holdings N.V. $AER

Royal Bank of Canada decreased its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 8.7% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 280,274 shares of the financial services provider’s stock after selling 26,684 shares during the quarter. Royal Bank of Canada’s holdings in Aercap were worth $38,449,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in AER. Harbor Capital Advisors Inc. acquired a new stake in Aercap during the fourth quarter worth about $27,000. Greenline Wealth Management LLC acquired a new position in Aercap in the 4th quarter valued at approximately $30,000. Advisory Services Network LLC bought a new stake in shares of Aercap in the 3rd quarter worth approximately $35,000. Cedar Mountain Advisors LLC bought a new stake in shares of Aercap in the 1st quarter worth approximately $44,000. Finally, FIL Ltd acquired a new stake in shares of Aercap during the 4th quarter worth approximately $63,000. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Trading Up 2.0%

Shares of NYSE AER opened at $153.85 on Tuesday. Aercap Holdings N.V. has a fifty-two week low of $107.50 and a fifty-two week high of $156.33. The firm has a market capitalization of $25.67 billion, a P/E ratio of 7.57, a P/E/G ratio of 0.61 and a beta of 0.93. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.28 and a quick ratio of 0.28. The company’s 50 day simple moving average is $145.39 and its 200 day simple moving average is $143.60.

Aercap (NYSE:AER) last released its earnings results on Wednesday, July 29th. The financial services provider reported $5.14 EPS for the quarter, topping analysts’ consensus estimates of $4.14 by $1.00. The firm had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.10 billion. Aercap had a net margin of 37.85% and a return on equity of 17.60%. The business’s quarterly revenue was up 14.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.83 EPS. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. On average, analysts predict that Aercap Holdings N.V. will post 18.75 EPS for the current year.

Aercap declared that its board has authorized a stock repurchase plan on Wednesday, April 29th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares repurchase plans are usually a sign that the company’s management believes its stock is undervalued.

Aercap Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Investors 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 1.0%. Aercap’s payout ratio is 7.87%.

Wall Street Analyst Weigh In

AER has been the subject of a number of recent research reports. Susquehanna upped their target price on Aercap from $170.00 to $176.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th. TD Cowen lifted their price target on shares of Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Morgan Stanley increased 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. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $190.00 price objective on shares of Aercap in a report on Thursday. Finally, Truist Financial lifted their target price on shares of Aercap from $175.00 to $180.00 and gave the company a “buy” rating in a research report on Thursday, July 30th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $172.56.

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.