AAR Corp
About: AAR Corp is engaged in providing products and services to aviation, government, and defense market. It operates in two segments namely Aviation Services and Expeditionary Services. The Aviation Services segment consists of aftermarket support and services businesses that provide spares and maintenance support for aircraft operated by it's commercial and government/defense customers. The Expeditionary Services segment consists of businesses that provide products and services supporting the movement of equipment and personnel by the U.S. Department of Defense, foreign governments, and non-governmental organizations. It generates a majority of its revenue from the Aviation Services Segment.
Employees: 5,000
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
26% more repeat investments, than reductions
Existing positions increased: 97 | Existing positions reduced: 77
1.85% less ownership
Funds ownership: 97.7% [Q2] → 95.85% (-1.85%) [Q3]
4% less funds holding
Funds holding: 248 [Q2] → 239 (-9) [Q3]
12% less capital invested
Capital invested by funds: $2.51B [Q2] → $2.21B (-$299M) [Q3]
18% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 34
47% less call options, than puts
Call options by funds: $12M | Put options by funds: $22.8M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Keybanc Philip Gibbs 58% 1-year accuracy 15 / 26 met price target | 15%upside $83 | Overweight Initiated | 16 Jan 2025 |
RBC Capital Ken Herbert 61% 1-year accuracy 42 / 69 met price target | 4%upside $75 | Outperform Reiterated | 4 Nov 2024 |
Financial journalist opinion
Based on 13 articles about AIR published over the past 30 days
