AAR Corp. (NYSE:AIR) Shares Purchased by Vanguard Group Inc.

Vanguard Group Inc. raised its stake in AAR Corp. ( NYSE:AIR – Free Report ) by 1.

6% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,840,885 shares of the aerospace company’s stock after buying an additional 58,694 shares during the quarter. Vanguard Group Inc.



owned approximately 10.69% of AAR worth $235,369,000 as of its most recent SEC filing. Other hedge funds and other institutional investors also recently modified their holdings of the company.

Franklin Resources Inc. increased its holdings in shares of AAR by 13.4% in the 3rd quarter.

Franklin Resources Inc. now owns 969,741 shares of the aerospace company’s stock worth $59,591,000 after acquiring an additional 114,460 shares during the period. American Century Companies Inc.

raised its holdings in shares of AAR by 2.4% during the fourth quarter. American Century Companies Inc.

now owns 893,822 shares of the aerospace company’s stock valued at $54,773,000 after buying an additional 20,794 shares during the last quarter. Geode Capital Management LLC raised its holdings in shares of AAR by 3.6% during the third quarter.

Geode Capital Management LLC now owns 796,962 shares of the aerospace company’s stock valued at $52,101,000 after buying an additional 27,747 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of AAR by 3.

8% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 538,125 shares of the aerospace company’s stock worth $32,976,000 after buying an additional 19,863 shares during the period.

Finally, Principal Financial Group Inc. grew its holdings in AAR by 18.5% in the 3rd 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 in the last quarter. Institutional investors and hedge funds own 90.

74% of the company’s stock. Analyst Upgrades and Downgrades Several analysts have weighed in on the company. KeyCorp cut their target price on AAR from $83.

00 to $80.00 and set an “overweight” rating on the stock in a research note on Wednesday. StockNews.

com cut shares of AAR from a “hold” rating to a “sell” rating in a research note on Saturday, March 29th. Finally, Truist Financial decreased their target price on shares of AAR from $81.00 to $78.

00 and set a “buy” rating for the company in a research report on Friday, March 28th. One equities research analyst has rated the stock with a sell rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.

com, AAR has an average rating of “Moderate Buy” and an average price target of $80.20. Insider Buying and Selling In other news, SVP Christopher A.

Jessup sold 33,481 shares of the business’s stock in a transaction that occurred on Thursday, January 16th. The shares were sold at an average price of $70.40, for a total transaction of $2,357,062.

40. Following the sale, the senior vice president now owns 63,209 shares in the company, valued at $4,449,913.60.

The trade was a 34.63 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website .

Also, CAO Jessica A. Garascia sold 1,500 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.

90, for a total transaction 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 trade represents a 3.84 % decrease in their position.

The disclosure for this sale can be found here . Over the last ninety days, insiders sold 185,793 shares of company stock worth $12,538,396. Corporate insiders own 4.

10% of the company’s stock. AAR Trading Down 6.5 % Shares of AIR stock opened at $50.

09 on Friday. The stock has a 50-day simple moving average of $65.05 and a 200 day simple moving average of $65.

02. The stock has a market capitalization of $1.81 billion, a P/E ratio of 178.

90 and a beta of 1.32. AAR Corp.

has a fifty-two week low of $48.80 and a fifty-two week high of $76.34.

The company has a quick ratio of 1.27, a current ratio of 2.68 and a debt-to-equity ratio of 0.

84. AAR ( NYSE:AIR – Get Free Report ) last posted its quarterly earnings data on Thursday, March 27th. The aerospace company reported $0.

99 earnings per share for the quarter, beating the consensus estimate of $0.96 by $0.03.

AAR had a net margin of 0.41% and a return on equity of 10.46%.

The company had revenue of $678.20 million during the quarter, compared to analyst estimates of $699.13 million.

During the same quarter last year, the firm posted $0.85 EPS. The business’s revenue for the quarter was up 19.

5% on a year-over-year basis. On average, sell-side analysts expect that AAR Corp. will post 3.

77 earnings per share for the current fiscal year. About AAR ( Free Report ) 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. Featured Articles Five stocks we like better than AAR The How And Why of Investing in Oil Stocks Conagra Stock Could Thrive as Tariffs Hit Other Sectors What Is WallStreetBets and What Stocks Are They Targeting? Grocery Costs and Tariffs Now Top of Mind in Everyday Conversations, New Survey Finds Do ETFs Pay Dividends? What You Need to Know Spotify Stock Eyes Double-Digit Upside—Is Now the Time to Buy? Want to see what other hedge funds are holding AIR? Visit HoldingsChannel.

com to get the latest 13F filings and insider trades for AAR Corp. ( NYSE:AIR – Free Report ). Receive News & Ratings for AAR Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AAR and related companies with MarketBeat.

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