Fintel reports that on January 16, 2025, Keybanc initiated coverage of AAR (NYSE:AIR) with a Overweight recommendation.
Analyst Price Forecast Suggests 15.00% Upside
As of December 23, 2024, the average one-year price target for AAR is $81.26/share. The forecasts range from a low of $75.75 to a high of $87.15. The average price target represents an increase of 15.00% from its latest reported closing price of $70.66 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for AAR is 2,212MM, a decrease of 13.98%. The projected annual non-GAAP EPS is 4.62.
What is the Fund Sentiment?
There are 581 funds or institutions reporting positions in AAR. This is an decrease of 6 owner(s) or 1.02% in the last quarter. Average portfolio weight of all funds dedicated to AIR is 0.17%, an increase of 8.03%. Total shares owned by institutions increased in the last three months by 9.34% to 46,447K shares. 
The put/call ratio of AIR is 0.48, indicating a bullish outlook.
What are Other Shareholders Doing?
IJR - iShares Core S&P Small-Cap ETF holds 2,238K shares representing 6.34% ownership of the company. In its prior filing, the firm reported owning 2,141K shares , representing an increase of 4.30%. The firm decreased its portfolio allocation in AIR by 15.69% over the last quarter.
Earnest Partners holds 1,539K shares representing 4.36% ownership of the company. In its prior filing, the firm reported owning 1,589K shares , representing a decrease of 3.23%. The firm decreased its portfolio allocation in AIR by 18.89% over the last quarter.
Westwood Holdings Group holds 1,326K shares representing 3.76% ownership of the company. In its prior filing, the firm reported owning 1,070K shares , representing an increase of 19.32%. The firm increased its portfolio allocation in AIR by 0.63% over the last quarter.
VTSMX - Vanguard Total Stock Market Index Fund Investor Shares holds 1,064K shares representing 3.02% ownership of the company. In its prior filing, the firm reported owning 1,062K shares , representing an increase of 0.17%. The firm decreased its portfolio allocation in AIR by 15.41% over the last quarter.
Franklin Resources holds 970K shares representing 2.75% ownership of the company. In its prior filing, the firm reported owning 855K shares , representing an increase of 11.80%. The firm decreased its portfolio allocation in AIR by 84.66% over the last quarter.
AAR Background Information
(This description is provided by the company.)
AAR is a global aerospace and defense aftermarket solutions company with operations in over 20 countries. Headquartered in the Chicago area, AAR supports commercial and government customers through two operating segments: Aviation Services and Expeditionary Services. AAR's Aviation Services include Parts Supply; OEM Solutions; Integrated Solutions; and Maintenance, Repair and Overhaul (MRO) Services. AAR's Expeditionary Services include Mobility Systems operations.
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