Engineers Gate Manager LP Acquires 32,830 Shares of Aercap Holdings N.V. $AER

Engineers Gate Manager LP boosted its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 64.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,424 shares of the financial services provider’s stock after acquiring an additional 32,830 shares during the quarter. Engineers Gate Manager LP’s holdings in Aercap were worth $12,162,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. California State Teachers Retirement System raised its stake in shares of Aercap by 14,175.3% during the second quarter. California State Teachers Retirement System now owns 31,865,613 shares of the financial services provider’s stock valued at $4,645,369,000 after acquiring an additional 31,642,391 shares during the last quarter. Donald Smith & CO. Inc. acquired a new stake in Aercap in the second quarter valued at $424,585,000. Norges Bank bought a new position in Aercap during the 4th quarter worth $352,172,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Aercap during the 4th quarter worth about $282,665,000. Finally, L1 Capital International Pty Ltd grew its position in shares of Aercap by 344.2% in the 4th quarter. L1 Capital International Pty Ltd now owns 1,527,454 shares of the financial services provider’s stock valued at $219,587,000 after buying an additional 1,183,616 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Aercap Trading Down 0.3%

Shares of AER stock opened at $140.55 on Friday. The company has a market cap of $23.45 billion, a P/E ratio of 6.92, a PEG ratio of 0.56 and a beta of 0.93. The stock has a 50 day simple moving average of $148.99 and a two-hundred day simple moving average of $144.11. The company has a debt-to-equity ratio of 2.32, a quick ratio of 0.28 and a current ratio of 0.28. Aercap Holdings N.V. has a fifty-two week low of $118.93 and a fifty-two week high of $158.80.

Aercap (NYSE:AER) last posted its quarterly earnings results on Wednesday, July 29th. The financial services provider reported $5.14 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.14 by $1.00. The firm had revenue of $2.17 billion for the quarter, compared to analysts’ expectations of $2.10 billion. Aercap had a return on equity of 17.60% and a net margin of 37.85%.The company’s revenue for the quarter was up 14.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.83 EPS. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. Research analysts forecast that Aercap Holdings N.V. will post 18.95 earnings per share for the current year.

Aercap Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 3rd. Investors of record on Wednesday, August 12th were paid a dividend of $0.40 per share. The ex-dividend date of this dividend was Wednesday, August 12th. This represents a $1.60 annualized dividend and a yield of 1.1%. Aercap’s dividend payout ratio is currently 7.87%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AER shares. Susquehanna raised their price objective on Aercap from $170.00 to $176.00 and gave the stock a “positive” rating in a research report on Tuesday, July 7th. Morgan Stanley raised their price target on shares of Aercap from $155.00 to $165.00 and gave the stock an “equal weight” rating in a report on Thursday, July 30th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $190.00 price target on shares of Aercap in a research report on Thursday, July 30th. Barclays upped their price objective on shares of Aercap from $164.00 to $179.00 and gave the company an “overweight” rating in a research note on Tuesday, July 7th. Finally, Weiss Ratings downgraded shares of Aercap from a “buy (a-)” rating to a “buy (b+)” rating in a research note on Thursday, July 30th. One investment analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and one has given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $172.56.

Aercap Profile

AerCap Holdings N.V. is a global aviation leasing company headquartered in Dublin, Ireland, and listed on the New York Stock Exchange under the symbol AER. The company provides aircraft, engine and helicopter leasing services to airlines and other aviation customers worldwide.

AerCap’s business includes operating leases, finance leases, aircraft sales, asset management and fleet transition services. Its portfolio is centered on commercial passenger aircraft and also includes freighter aircraft, aircraft engines and helicopters.