AAR (NYSE:AIR – Free Report) had its price target increased by KeyCorp from $109.00 to $120.00 in a research note issued to investors on Wednesday morning,Benzinga reports. They currently have an overweight rating on the aerospace company’s stock.
A number of other equities analysts also recently weighed in on AIR. Wall Street Zen upgraded AAR from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. Weiss Ratings restated a “hold (c-)” rating on shares of AAR in a report on Monday, December 29th. Jefferies Financial Group boosted their price objective on shares of AAR to $150.00 and gave the company a “buy” rating in a research report on Tuesday. Royal Bank Of Canada upped their price objective on shares of AAR from $90.00 to $105.00 and gave the company an “outperform” rating in a research note on Wednesday, January 7th. Finally, Zacks Research downgraded shares of AAR from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 16th. Four equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $128.80.
View Our Latest Research Report on AIR
AAR Stock Performance
AAR (NYSE:AIR – Get Free Report) last posted its quarterly earnings results on Tuesday, March 24th. The aerospace company reported $1.25 earnings per share for the quarter, beating the consensus estimate of $1.21 by $0.04. The firm had revenue of $845.10 million for the quarter, compared to analyst estimates of $812.58 million. AAR had a return on equity of 12.39% and a net margin of 5.46%.AAR’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.99 earnings per share. On average, sell-side analysts anticipate that AAR will post 3.77 EPS for the current fiscal year.
Insider Transactions at AAR
In related news, CAO Jessica A. Garascia sold 4,787 shares of the firm’s stock in a transaction that occurred on Thursday, January 8th. The shares were sold at an average price of $95.25, for a total transaction of $455,961.75. Following the transaction, the chief accounting officer owned 29,557 shares of the company’s stock, valued at approximately $2,815,304.25. This trade represents a 13.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Mcclain Holmes III sold 10,000 shares of AAR stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $108.44, for a total transaction of $1,084,400.00. Following the completion of the sale, the chief executive officer owned 237,064 shares of the company’s stock, valued at $25,707,220.16. This trade represents a 4.05% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 128,984 shares of company stock valued at $12,517,090 in the last quarter. Corporate insiders own 3.60% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently modified their holdings of the business. McMillan Office Inc. bought a new position in shares of AAR during the 4th quarter valued at $25,000. Osterweis Capital Management Inc. acquired a new position in AAR during the second quarter worth $26,000. Morse Asset Management Inc acquired a new position in AAR during the third quarter worth $27,000. NBC Securities Inc. bought a new position in AAR during the fourth quarter valued at about $28,000. Finally, Danske Bank A S bought a new position in AAR during the fourth quarter valued at about $28,000. Institutional investors and hedge funds own 90.74% of the company’s stock.
AAR News Summary
Here are the key news stories impacting AAR this week:
- Positive Sentiment: Earnings beat and upbeat investor call reinforced growth outlook — AAR reported Q3 results that topped estimates and the earnings call highlighted growth and integration progress, which helped drive momentum. AAR Corp. Earnings Call Highlights Growth and Integration
- Positive Sentiment: Broker forecast and price target optimism — Royal Bank of Canada published a bullish forecast for AIR, signalling expectations for further price appreciation. Royal Bank Of Canada Forecasts Strong Price Appreciation for AAR (NYSE:AIR) Stock
- Positive Sentiment: Zacks upgraded AAR to a Buy (Rank #2) and published several pieces highlighting AAR as a growth/momentum name — these analyst notes can attract buying from momentum and quant strategies. All You Need to Know About AAR (AIR) Rating Upgrade to Buy
- Neutral Sentiment: Share-price momentum and 52-week high noted in market coverage — hitting a 52-week high can both validate strength and invite short-term profit-taking. AAR (NYSE:AIR) Reaches New 52-Week High Following Earnings Beat
- Neutral Sentiment: Consensus analyst stance remains broadly favorable (moderate buy), which supports medium-term investor interest but leaves room for intra-day swings. AAR Corp. (NYSE:AIR) Given Consensus Recommendation of “Moderate Buy” by Brokerages
- Negative Sentiment: Risk disclosure update raised questions on oversight — AAR’s unchanged FY2025 risk disclosures (new regulatory entry noted) prompted some caution among investors about emerging threats and governance transparency. AAR Corp Keeps Risk Disclosures Unchanged for FY2025, Raising Questions on Emerging Threats and Risk Oversight
- Negative Sentiment: Short-term pullback likely reflects profit-taking after recent run-up and higher-than-average volume rather than a material reversal in fundamentals — watch next earnings cadence and guidance for confirmation.
AAR Company Profile
AAR Corp. (NYSE: AIR) is a global provider of aviation products and services to commercial, government and defense customers. The company offers a comprehensive portfolio of maintenance, repair and overhaul (MRO) solutions, component repair and overhaul, and engineering services designed to support a wide variety of fixed-wing and rotary aircraft. Leveraging FAA and EASA certifications, AAR delivers turnkey maintenance programs and ad hoc repair services that enhance aircraft availability and reliability.
In its Aviation Supply Chain Services segment, AAR sources, stores and distributes parts for both commercial airlines and military operators.
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