Assenagon Asset Management S.A. Reduces $75M in AerCap Holdings N.V. ($AER)
The asset manager reduced its AerCap Holdings position by 38%, now holding 835,657 shares.
Key Points
- Assenagon Asset Management cut its AerCap Holdings stake by 38%, selling 524,961 shares to end with 835,657 shares valued at $119.87 million.
- AerCap shares trade around $143.45 with a market cap of $22.31 billion, a P/E ratio of 6.2, and a 52-week range of $105.65 to $154.94.
- Insiders like CEO Aengus Kelly sold shares recently, while analysts maintain a strong buy consensus with price targets up to $175.
Assenagon Asset Management S.A. has reduced its investment in AerCap Holdings N.V. (NYSE: AER) by 38%. The firm sold 524,961 shares, bringing its total holdings to 835,657 shares as of its latest 13F filing with the SEC. The remaining stake is valued at approximately $119.87 million.
What Changed in Assenagon Asset Management's AerCap Holdings Position
Assenagon Asset Management's decision to cut its position in AerCap Holdings marks a significant reduction. The firm previously held 1,360,618 shares and sold off a substantial portion, reducing its stake by 524,961 shares. This change represents a 38% decrease, leaving Assenagon with 835,657 shares valued at about $119.87 million.
Other Institutional Activity in AerCap Holdings
Among other institutional investors, BlackRock, Inc. increased its holdings by 371,468 shares, ending with 12,938,190 shares worth roughly $1.77 billion. In contrast, Eagle Capital Management LLC reduced its stake significantly by 2,854,596 shares, resulting in 7,315,306 shares valued at $1.00 billion. Harris Associates L.P. added 61,142 shares, bringing its total to 5,901,622 shares worth approximately $809.58 million. State Street Corp made a slight reduction of 18,669 shares, ending with 5,093,957 shares valued at $698.80 million.
AerCap Holdings Stock Snapshot
Shares of AerCap Holdings (NYSE: AER) are trading around $143.45. The company has a market capitalization of $22.31 billion and a P/E ratio of 6.2. AerCap's stock has seen a 52-week low of $105.65 and a high of $154.94. The stock's 50-day moving average is $141.21, while the 200-day moving average is $136.75. The firm's current ratio stands at 1.33, with a quick ratio of 0.96 and a debt-to-equity ratio of 234.41.
Recent Earnings
AerCap Holdings reported revenue of $8.68 billion, reflecting a growth rate of 7.9%. The company's net margin is 45.2%, and return on equity is 22.1%. Earnings per share stand at $22.78. The next earnings report is expected on July 29, 2026.
Dividend
AerCap Holdings offers a dividend rate of $1.60, yielding 1.13% with a payout ratio of 5.31%.
Insider Buying and Selling at AerCap Holdings N.V.
Recent insider activity at AerCap Holdings includes several sales. CEO Aengus Kelly sold 50,000 shares at an average price of $148.83 on May 6, 2026. CFO Peter Juhas sold 76,000 shares at $144.72 on May 12, 2026. General Counsel Vincent Drouillard also sold shares, with transactions on April 20 and May 7, 2026.
Analysts Set New Price Targets
On April 30, 2026, JP Morgan maintained a 'buy' rating with a $155 price target, while TD Cowen set a $175 target. Morgan Stanley maintained its 'hold' rating with a $155 target, and Barclays reaffirmed its 'buy' rating with a $164 target. The consensus rating is 'strong buy' with a mean price target of $165.5.
About AerCap Holdings
AerCap Holdings N.V., headquartered in Dublin, Ireland, is a leader in aircraft leasing and management. The company provides services like leasing, financing, and sales of commercial flight equipment worldwide. AerCap manages a large portfolio of aircraft, engines, and helicopters, and offers asset management services including maintenance and remarketing. Founded in 1995, the firm employs 668 people and is led by CEO Aengus Kelly.
Bottom Line
Assenagon Asset Management's reduction in AerCap Holdings shares is noteworthy, given the significant cut in its stake. Investors track such filings for insights into institutional sentiment, but it's important to remember that 13F filings reflect past positions and may not indicate current investments. AerCap remains a strong player in the aircraft leasing industry, with solid earnings and a favorable analyst outlook.
See Also
This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.