The Manufacturers Life Insurance Company Sells 12,970 Shares of Aercap Holdings N.V. $AER

The Manufacturers Life Insurance Company decreased its position in shares of Aercap Holdings N.V. (NYSE:AER) by 19.8% in the first quarter, HoldingsChannel reports. The fund owned 52,504 shares of the financial services provider’s stock after selling 12,970 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in Aercap were worth $7,202,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in Aercap in the fourth quarter worth $352,172,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Aercap during the 4th quarter valued at $282,665,000. L1 Capital International Pty Ltd lifted its holdings in shares of Aercap by 344.2% during 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 purchasing an additional 1,183,616 shares during the last quarter. Mawer Investment Management Ltd. boosted its position in shares of Aercap by 56.3% in the 4th quarter. Mawer Investment Management Ltd. now owns 3,272,935 shares of the financial services provider’s stock worth $470,517,000 after purchasing an additional 1,179,241 shares in the last quarter. Finally, Alyeska Investment Group L.P. boosted its position in shares of Aercap by 642.7% in the 3rd quarter. Alyeska Investment Group L.P. now owns 1,111,552 shares of the financial services provider’s stock worth $134,498,000 after purchasing an additional 961,890 shares in the last quarter. 96.42% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several brokerages recently weighed in on AER. Citigroup boosted their target price on Aercap from $173.00 to $178.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. JPMorgan Chase & Co. raised their price target on Aercap from $150.00 to $155.00 and gave the stock an “overweight” rating in a report on Thursday, April 30th. TD Cowen boosted their price target on Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. Barclays upped their price objective on shares of Aercap from $164.00 to $179.00 and gave the company an “overweight” rating in a report on Tuesday, July 7th. Finally, Zacks Research raised shares of Aercap from a “hold” rating to a “strong-buy” rating in a research report on Monday, July 20th. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $172.56.

Aercap Price Performance

Shares of AER opened at $155.38 on Thursday. The company has a debt-to-equity ratio of 2.32, a current ratio of 0.28 and a quick ratio of 0.28. The company’s fifty day moving average price is $145.96 and its 200-day moving average price is $143.78. Aercap Holdings N.V. has a 1-year low of $108.00 and a 1-year high of $158.80. The firm has a market capitalization of $25.93 billion, a PE ratio of 7.65, a price-to-earnings-growth ratio of 0.62 and a beta of 0.93.

Aercap (NYSE:AER) last issued its 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. Aercap had a return on equity of 17.60% and a net margin of 37.85%.The company had revenue of $2.22 billion during the quarter, compared to analyst estimates of $2.10 billion. During the same quarter last year, the business posted $2.83 EPS. The firm’s quarterly revenue was up 14.9% on a year-over-year basis. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. On average, equities research analysts predict that Aercap Holdings N.V. will post 18.95 EPS for the current year.

Aercap Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 3rd. Stockholders of record on Wednesday, August 12th will be paid a $0.40 dividend. This represents a $1.60 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Wednesday, August 12th. Aercap’s dividend payout ratio (DPR) is presently 7.87%.

Aercap announced that its board has approved a share buyback program on Wednesday, April 29th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the financial services provider to buy up to 4.3% of its shares through open market purchases. Shares buyback programs are usually a sign that the company’s leadership believes its stock is undervalued.

About Aercap

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.