Meridian Wealth Management LLC Sells 7,876 Shares of Aercap Holdings N.V. $AER

Meridian Wealth Management LLC reduced its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 5.7% during the fourth quarter, Holdings Channel reports. The fund owned 129,211 shares of the financial services provider’s stock after selling 7,876 shares during the period. Meridian Wealth Management LLC’s holdings in Aercap were worth $18,575,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Wedmont Private Capital grew its position in Aercap by 3.9% during the fourth quarter. Wedmont Private Capital now owns 1,979 shares of the financial services provider’s stock valued at $290,000 after acquiring an additional 74 shares during the last quarter. Argentarii LLC grew its position in Aercap by 2.8% during the fourth quarter. Argentarii LLC now owns 2,793 shares of the financial services provider’s stock valued at $402,000 after acquiring an additional 77 shares during the last quarter. Savant Capital LLC grew its position in Aercap by 2.4% during the third quarter. Savant Capital LLC now owns 3,417 shares of the financial services provider’s stock valued at $413,000 after acquiring an additional 80 shares during the last quarter. Huntington National Bank grew its position in Aercap by 11.7% during the third quarter. Huntington National Bank now owns 895 shares of the financial services provider’s stock valued at $108,000 after acquiring an additional 94 shares during the last quarter. Finally, Geneos Wealth Management Inc. grew its position in Aercap by 26.6% during the first quarter. Geneos Wealth Management Inc. now owns 447 shares of the financial services provider’s stock valued at $46,000 after acquiring an additional 94 shares during the last quarter. 96.42% of the stock is currently owned by institutional investors.

Aercap Stock Performance

NYSE:AER opened at $146.13 on Tuesday. The firm has a market cap of $24.39 billion, a PE ratio of 6.40, a price-to-earnings-growth ratio of 1.05 and a beta of 0.95. Aercap Holdings N.V. has a fifty-two week low of $105.65 and a fifty-two week high of $154.94. The company has a debt-to-equity ratio of 2.34, a quick ratio of 0.24 and a current ratio of 0.24. The business has a 50 day moving average price of $140.99 and a 200-day moving average price of $140.49.

Aercap (NYSE:AER) last released its quarterly earnings data on Wednesday, April 29th. The financial services provider reported $5.39 earnings per share for the quarter, beating analysts’ consensus estimates of $3.59 by $1.80. The firm had revenue of $2.30 billion during the quarter, compared to analyst estimates of $2.07 billion. Aercap had a return on equity of 16.01% and a net margin of 45.22%.The business’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.68 earnings per share. Aercap has set its FY 2026 guidance at 14.500-14.50 EPS. Equities research analysts predict that Aercap Holdings N.V. will post 17.23 earnings per share for the current year.

Aercap Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 4th. Stockholders of record on Wednesday, May 13th will be paid a dividend of $0.40 per share. The ex-dividend date of this dividend is Wednesday, May 13th. This represents a $1.60 annualized dividend and a dividend yield of 1.1%. Aercap’s payout ratio is 7.01%.

Aercap announced that its board has authorized a stock repurchase plan on Wednesday, April 29th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the financial services provider to buy up to 4.3% of its stock through open market purchases. Stock repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. JPMorgan Chase & Co. increased their price target on shares of Aercap from $150.00 to $155.00 and gave the company an “overweight” rating in a research report on Thursday, April 30th. Truist Financial increased their price target on shares of Aercap from $159.00 to $161.00 and gave the company a “buy” rating in a research report on Thursday, April 30th. Morgan Stanley dropped their price objective on Aercap from $160.00 to $155.00 and set an “equal weight” rating for the company in a research note on Thursday, April 30th. Zacks Research raised Aercap from a “hold” rating to a “strong-buy” rating in a research note on Friday, May 1st. Finally, Barclays increased their price objective on Aercap from $162.00 to $164.00 and gave the company an “overweight” rating in a research note on Thursday, April 30th. Two research analysts have rated the stock with a Strong Buy rating, seven have assigned a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of $163.13.

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.