Wellington Management Group LLP Sells 1,231,701 Shares of Aercap Holdings N.V. $AER

Wellington Management Group LLP trimmed its holdings in shares of Aercap Holdings N.V. (NYSE:AER) by 66.1% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 632,563 shares of the financial services provider’s stock after selling 1,231,701 shares during the period. Wellington Management Group LLP’s holdings in Aercap were worth $92,215,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Groupe la Francaise raised its holdings in Aercap by 221.4% during the first quarter. Groupe la Francaise now owns 180 shares of the financial services provider’s stock worth $25,000 after acquiring an additional 124 shares in the last quarter. Greenline Wealth Management LLC acquired a new position in Aercap during the fourth quarter valued at approximately $30,000. Trust Co. of Vermont bought a new position in Aercap in the second quarter valued at approximately $38,000. Advisory Services Network LLC bought a new position in Aercap in the third quarter valued at approximately $35,000. Finally, Cedar Mountain Advisors LLC acquired a new position in shares of Aercap during the 1st quarter worth approximately $44,000. Institutional investors own 96.42% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on AER shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $190.00 price objective on shares of Aercap in a report on Thursday, July 30th. Zacks Research upgraded shares of Aercap from a “hold” rating to a “strong-buy” rating in a report on Monday, July 20th. Morgan Stanley increased their price target on shares of Aercap from $155.00 to $165.00 and gave the company an “equal weight” rating in a research note on Thursday, July 30th. Barclays lifted their price objective on shares of Aercap from $164.00 to $179.00 and gave the company an “overweight” rating in a research report on Tuesday, July 7th. Finally, TD Cowen boosted their price objective on shares of Aercap from $175.00 to $180.00 and gave the stock a “buy” rating in a research note on Thursday, July 16th. One research analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $172.56.

Aercap Price Performance

Shares of AER opened at $144.28 on Wednesday. The company’s 50-day moving average is $149.44 and its 200-day moving average is $144.47. 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 firm has a market capitalization of $24.08 billion, a PE ratio of 7.10, a PEG ratio of 0.58 and a beta of 0.93. 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 announced its earnings results on Wednesday, July 29th. The financial services provider reported $5.14 EPS for the quarter, topping the consensus estimate of $4.14 by $1.00. Aercap had a net margin of 37.85% and a return on equity of 17.60%. The business had revenue of $2.17 billion during the quarter, compared to the consensus estimate of $2.10 billion. During the same quarter in the previous year, the firm posted $2.83 EPS. Aercap’s revenue was up 14.9% compared to the same quarter last year. Aercap has set its FY 2026 guidance at 16.800-16.800 EPS. Equities analysts forecast 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 issued a dividend of $0.40 per share. This represents a $1.60 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, August 12th. Aercap’s payout ratio is currently 7.87%.

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.