Wed Sep 25 08:24:53 UTC 2024: ## Federated Hermes Boosts AerCap Holdings Stake Amid Positive Market Sentiment

**New York, NY – September 25, 2024** – Federated Hermes Inc. significantly increased its holdings in AerCap Holdings (NYSE:AER) during the second quarter, acquiring an additional 1,060 shares, resulting in a 209.1% increase in their stake. The investment firm now owns 1,567 shares of the financial services provider, valued at $146,000.

This move by Federated Hermes comes amidst a general positive outlook for AerCap. Other hedge funds have also adjusted their positions in the company, with several increasing their stakes. Notably, Inspire Advisors LLC boosted its stake by 1.5%, Sequoia Financial Advisors LLC by 1.9%, Blue Trust Inc. by 89.9%, and Massmutual Trust Co. FSB ADV by 3.0%.

Institutional investors and hedge funds hold a significant 96.42% of AerCap’s stock, signifying strong institutional confidence in the company.

AerCap’s stock opened at $96.12 on Wednesday, with a market capitalization of $19.03 billion. The company recently declared a quarterly dividend of $0.25 per share, representing an annualized dividend of $1.00 and a yield of 1.04%.

Several research reports have also expressed optimism about AerCap’s future. Susquehanna lifted its price objective from $100.00 to $108.00 and assigned a “positive” rating, while Barclays raised its target price to $113.00 and maintained an “overweight” rating.

Overall, the market sentiment towards AerCap remains positive, with a “Moderate Buy” consensus rating and an average price target of $102.38. This suggests that investors expect the company to continue performing well in the future.

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