Analysts’ Weekly Ratings Updates for AAR (AIR)

Several brokerages have updated their recommendations and price targets on shares of AAR (NYSE: AIR) in the last few weeks:

• 1/28/2025 – AAR was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/17/2025 – AAR was upgraded by analysts at StockNews.com from a “sell” rating to a “hold” rating.
• 1/16/2025 – AAR is now covered by analysts at KeyCorp. They set an “overweight” rating and a $83.00 price target on the stock.
• 1/15/2025 – AAR was upgraded by analysts at KeyCorp to a “strong-buy” rating.
• 1/9/2025 – AAR was downgraded by analysts at StockNews.com from a “hold” rating to a “sell” rating.

AAR Stock Performance

NYSE:AIR opened at $68.88 on Tuesday. The company has a market cap of $2.47 billion, a price-to-earnings ratio of 245.99 and a beta of 1.61. The stock has a fifty day moving average price of $66.18 and a 200-day moving average price of $65.06. AAR Corp. has a fifty-two week low of $54.71 and a fifty-two week high of $76.34. The company has a debt-to-equity ratio of 0.84, a quick ratio of 1.27 and a current ratio of 2.68.

AAR (NYSE:AIR) last posted its quarterly earnings results on Tuesday, January 7th. The aerospace company reported $0.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.83 by $0.07. AAR had a net margin of 0.41% and a return on equity of 10.46%. The business had revenue of $686.10 million for the quarter, compared to analyst estimates of $654.47 million. During the same quarter last year, the business posted $0.81 EPS. The firm’s revenue for the quarter was up 25.8% on a year-over-year basis. As a group, equities analysts anticipate that AAR Corp. will post 3.77 EPS for the current fiscal year.

Insider Activity at AAR

In other news, CAO Jessica A. Garascia sold 1,500 shares of the stock in a transaction dated Friday, January 10th. The stock was sold at an average price of $66.90, for a total value of $100,350.00. Following the completion of the sale, the chief accounting officer now owns 37,565 shares of the company’s stock, valued at approximately $2,513,098.50. This represents a 3.84 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO John Mcclain Holmes III sold 128,427 shares of the company’s stock in a transaction that occurred on Friday, January 10th. The shares were sold at an average price of $66.76, for a total value of $8,573,786.52. Following the completion of the sale, the chief executive officer now owns 346,680 shares in the company, valued at $23,144,356.80. The trade was a 27.03 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 185,793 shares of company stock valued at $12,538,396 in the last 90 days. 4.10% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC grew its stake in AAR by 32.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 732,957 shares of the aerospace company’s stock valued at $47,906,000 after acquiring an additional 181,518 shares during the period. Loomis Sayles & Co. L P grew its position in AAR by 20.5% in the 3rd quarter. Loomis Sayles & Co. L P now owns 790,267 shares of the aerospace company’s stock valued at $51,652,000 after purchasing an additional 134,215 shares during the period. Franklin Resources Inc. grew its position in AAR by 13.4% in the 3rd quarter. Franklin Resources Inc. now owns 969,741 shares of the aerospace company’s stock valued at $59,591,000 after purchasing an additional 114,460 shares during the period. Millennium Management LLC raised its holdings in AAR by 37.4% during the second quarter. Millennium Management LLC now owns 310,144 shares of the aerospace company’s stock worth $22,547,000 after buying an additional 84,459 shares during the last quarter. Finally, Principal Financial Group Inc. raised its holdings in AAR by 18.5% during the third quarter. Principal Financial Group Inc. now owns 500,200 shares of the aerospace company’s stock worth $32,693,000 after buying an additional 77,974 shares during the last quarter. 90.74% of the stock is owned by institutional investors.

AAR Corp. provides products and services to commercial aviation, government, and defense markets worldwide. The Parts Supply segment leases and sells aircraft components and replacement parts. The Repair & Engineering segment provides airframe maintenance services, such as airframe inspection, painting, line maintenance, airframe modification, structural repair, avionics service and installation, exterior and interior refurbishment, and engineering and support services; component repair services comprising maintenance, repair, and overhaul (MRO) services, engine and airframe accessories, and interior refurbishment; and landing gear overhaul services, including repair services on wheels and brakes.