Thornburg Investment Management Inc. Buys New Position in Aercap Holdings N.V. $AER

Thornburg Investment Management Inc. bought a new stake in Aercap Holdings N.V. (NYSE:AER) during the third quarter, HoldingsChannel.com reports. The fund bought 72,238 shares of the financial services provider’s stock, valued at approximately $8,741,000.

Several other institutional investors and hedge funds have also modified their holdings of the company. Mather Group LLC. acquired a new position in Aercap in the 3rd quarter valued at $26,000. Geneos Wealth Management Inc. increased its stake in Aercap by 26.6% in 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. Toth Financial Advisory Corp lifted its position in Aercap by 66.7% during the third quarter. Toth Financial Advisory Corp now owns 500 shares of the financial services provider’s stock worth $60,000 after buying an additional 200 shares during the period. JFS Wealth Advisors LLC purchased a new position in Aercap during the third quarter worth about $67,000. Finally, Farther Finance Advisors LLC boosted its stake in Aercap by 22.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 692 shares of the financial services provider’s stock worth $84,000 after buying an additional 128 shares during the last quarter. Hedge funds and other institutional investors own 96.42% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on AER. 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 report on Tuesday, November 11th. Truist Financial assumed coverage on Aercap in a report on Tuesday, December 9th. They set a “buy” rating and a $159.00 price objective for the company. Barclays increased their target price on Aercap from $144.00 to $162.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 6th. Susquehanna upped their price target on Aercap from $134.00 to $157.00 and gave the stock a “positive” rating in a research note on Tuesday, November 11th. Finally, Bank of America lifted their price target on shares of Aercap from $130.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, November 4th. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $152.13.

Aercap Trading Up 1.2%

NYSE AER opened at $150.28 on Thursday. The stock has a market cap of $25.08 billion, a P/E ratio of 7.04, a PEG ratio of 1.29 and a beta of 1.05. The company’s fifty day simple moving average is $145.52 and its 200-day simple moving average is $133.09. The company has a current ratio of 0.23, a quick ratio of 0.23 and a debt-to-equity ratio of 2.38. Aercap Holdings N.V. has a 52 week low of $85.57 and a 52 week high of $154.94.

Aercap (NYSE:AER) last released its quarterly earnings results on Friday, February 6th. The financial services provider reported $3.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $0.64. Aercap had a net margin of 44.04% and a return on equity of 15.11%. The firm had revenue of $2.24 billion for the quarter, compared to the consensus estimate of $2.07 billion. During the same quarter in the previous year, the firm posted $3.31 EPS. The firm’s quarterly revenue was up 8.3% on a year-over-year basis. Aercap has set its FY 2026 guidance at 12.000-13.000 EPS. Equities research analysts predict that Aercap Holdings N.V. will post 11.29 EPS for the current fiscal year.

Aercap Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 19th. Shareholders of record on Wednesday, February 25th will be paid a dividend of $0.40 per share. This is a boost from Aercap’s previous quarterly dividend of $0.27. The ex-dividend date is Wednesday, February 25th. This represents a $1.60 dividend on an annualized basis and a yield of 1.1%. Aercap’s payout ratio is 5.06%.

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.