Aercap Holdings N.V. $AER Shares Purchased by Texas Permanent School Fund Corp

Texas Permanent School Fund Corp boosted its stake in shares of Aercap Holdings N.V. (NYSE:AER) by 90.3% in the 2nd quarter, Holdings Channel reports. The fund owned 84,323 shares of the financial services provider’s stock after buying an additional 40,023 shares during the period. Texas Permanent School Fund Corp’s holdings in Aercap were worth $9,866,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. lifted its stake in shares of Aercap by 1.4% in the 1st quarter. Vanguard Group Inc. now owns 463,159 shares of the financial services provider’s stock valued at $47,321,000 after purchasing an additional 6,262 shares during the period. Charles Schwab Investment Management Inc. increased its holdings in Aercap by 2.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 241,066 shares of the financial services provider’s stock valued at $24,630,000 after buying an additional 6,579 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Aercap by 3.7% in the first quarter. HighTower Advisors LLC now owns 10,938 shares of the financial services provider’s stock worth $1,118,000 after acquiring an additional 391 shares during the period. American Century Companies Inc. raised its position in shares of Aercap by 6.5% in the first quarter. American Century Companies Inc. now owns 129,341 shares of the financial services provider’s stock worth $13,215,000 after acquiring an additional 7,896 shares during the period. Finally, State of New Jersey Common Pension Fund D boosted its stake in shares of Aercap by 7.1% during the 1st quarter. State of New Jersey Common Pension Fund D now owns 89,959 shares of the financial services provider’s stock worth $9,191,000 after acquiring an additional 6,000 shares in the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Aercap Price Performance

Shares of Aercap stock opened at $141.75 on Tuesday. The company has a debt-to-equity ratio of 2.43, a current ratio of 0.30 and a quick ratio of 0.30. The business has a 50 day simple moving average of $130.57 and a two-hundred day simple moving average of $121.71. The stock has a market capitalization of $26.48 billion, a P/E ratio of 6.71, a PEG ratio of 0.73 and a beta of 1.13. Aercap Holdings N.V. has a 12 month low of $85.57 and a 12 month high of $142.25.

Aercap (NYSE:AER) last issued its quarterly earnings results on Wednesday, October 29th. The financial services provider reported $4.97 EPS for the quarter, topping the consensus estimate of $3.16 by $1.81. Aercap had a return on equity of 15.16% and a net margin of 45.41%.The firm had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2 billion. During the same period in the previous year, the business earned $2.41 earnings per share. The firm’s revenue for the quarter was up 18.5% on a year-over-year basis. Aercap has set its FY 2025 guidance at 13.700-13.700 EPS. As a group, analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 4th. Stockholders of record on Wednesday, November 12th were given a $0.27 dividend. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date was Wednesday, November 12th. Aercap’s dividend payout ratio is 5.12%.

Analyst Ratings Changes

Several equities analysts recently weighed in on the company. Cowen restated a “buy” rating on shares of Aercap in a research note on Thursday, October 30th. Weiss Ratings reissued a “buy (b+)” rating on shares of Aercap in a report on Wednesday, October 8th. Susquehanna boosted their price objective on Aercap from $134.00 to $157.00 and gave the company a “positive” rating in a research report on Tuesday, November 11th. Zacks Research upgraded Aercap from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Finally, TD Cowen lifted their price target on shares of Aercap from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $146.29.

About Aercap

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.