Nippon Life Global Investors Americas Inc. Takes $21.99 Million Position in Aercap Holdings N.V. $AER

Nippon Life Global Investors Americas Inc. bought a new position in Aercap Holdings N.V. (NYSE:AER) in the third quarter, according to its most recent filing with the SEC. The firm bought 181,770 shares of the financial services provider’s stock, valued at approximately $21,994,000. Nippon Life Global Investors Americas Inc. owned approximately 0.10% of Aercap as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the stock. Mather Group LLC. acquired a new stake in shares of Aercap during the third quarter worth $26,000. Caitong International Asset Management Co. Ltd purchased a new position in Aercap in the 2nd quarter worth $43,000. Geneos Wealth Management Inc. raised its stake in Aercap by 26.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock worth $46,000 after acquiring an additional 94 shares during the last quarter. Whittier Trust Co. acquired a new stake in Aercap during the 2nd quarter worth about $53,000. Finally, Toth Financial Advisory Corp grew its stake in Aercap by 66.7% during the 3rd quarter. Toth Financial Advisory Corp now owns 500 shares of the financial services provider’s stock valued at $60,000 after purchasing an additional 200 shares during the last quarter. Institutional investors and hedge funds own 96.42% of the company’s stock.

Aercap Trading Down 0.6%

AER stock opened at $142.80 on Friday. Aercap Holdings N.V. has a 52-week low of $85.57 and a 52-week high of $149.24. The company has a quick ratio of 0.30, a current ratio of 0.30 and a debt-to-equity ratio of 2.43. The firm has a market cap of $26.67 billion, a P/E ratio of 6.76, a PEG ratio of 0.73 and a beta of 1.08. The company’s 50-day simple moving average is $140.00 and its 200-day simple moving average is $126.49.

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

Aercap Dividend Announcement

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 dividend of $0.27 per share. The ex-dividend date was Wednesday, November 12th. This represents a $1.08 dividend on an annualized basis and a dividend yield of 0.8%. Aercap’s dividend payout ratio (DPR) is 5.12%.

Analysts Set New Price Targets

Several brokerages have recently issued reports on AER. TD Cowen raised their price objective on Aercap from $135.00 to $150.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Barclays raised their price target on shares of Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Truist Financial began coverage on shares of Aercap in a report on Tuesday, December 9th. They issued a “buy” rating and a $159.00 price objective on the stock. Susquehanna raised their target price on shares of Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a report on Tuesday, November 11th. Finally, Morgan Stanley boosted their target price on shares of Aercap from $120.00 to $150.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 11th. Eight equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $148.86.

Aercap Company 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.