Hennion & Walsh Asset Management Inc. Raises Position in AAR Corp. $AIR

by · The Cerbat Gem

Hennion & Walsh Asset Management Inc. raised its position in AAR Corp. (NYSE:AIR – Free Report) by 41.4% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 31,450 shares of the aerospace company’s stock after acquiring an additional 9,206 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in AAR were worth $2,820,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Osterweis Capital Management Inc. acquired a new position in shares of AAR during the second quarter valued at approximately $26,000. Salomon & Ludwin LLC purchased a new stake in shares of AAR during the third quarter worth approximately $30,000. Simplex Trading LLC acquired a new position in AAR in the 2nd quarter valued at $103,000. Vontobel Holding Ltd. purchased a new position in AAR in the 2nd quarter valued at $202,000. Finally, FourThought Financial Partners LLC purchased a new position in AAR in the 2nd quarter valued at $202,000. 90.74% of the stock is currently owned by hedge funds and other institutional investors.

Key AAR News

Here are the key news stories impacting AAR this week:

  • Positive Sentiment: Q2 results beat expectations — revenue grew ~16% year-over-year to ~$795M and the company reported an EPS beat on the quarter, validating demand recovery across Parts Supply and Services. AAR reports second quarter fiscal year 2026 results
  • Positive Sentiment: Revenue guidance raised — AAR updated its Q3 and FY2026 revenue targets above consensus, giving investors clearer top-line visibility and supporting near-term growth expectations. Earnings release & materials
  • Positive Sentiment: Commercial wins and M&A-driven outlook — new contracts (Thai Airways selected AAR’s Trax & Aerostrat digital MRO tools) and distribution deals/acquisitions are supporting recurring services and aftermarket sales growth. Thai Airways selects Trax & Aerostrat
  • Positive Sentiment: Analyst/institutional support — Truist lifted its price target (reported increases) and several firms maintain buy/overweight views; institutional buying reported in recent quarters adds conviction. Price target / analyst note
  • Neutral Sentiment: Improved cash flow and balance-sheet items — operating cash flow and cash balances were reported higher year-over-year, supporting flexibility for M&A and working capital but unlikely to be an immediate stock mover. Quiver Quantitative coverage
  • Negative Sentiment: Insider selling — CEO John McClain Holmes III sold ~23,077 shares (~$1.94M) in early January; a continued pattern of insider sales across executives may temper some investor enthusiasm. SEC Form 4 — insider sale

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on AIR shares. Truist Financial upped their target price on shares of AAR from $90.00 to $99.00 and gave the stock a “buy” rating in a report on Wednesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of AAR in a research note on Monday, December 29th. Wall Street Zen upgraded shares of AAR from a “hold” rating to a “buy” rating in a report on Saturday, January 3rd. Royal Bank Of Canada boosted their target price on AAR from $90.00 to $105.00 and gave the stock an “outperform” rating in a report on Wednesday. Finally, Jefferies Financial Group initiated coverage on AAR in a research report on Wednesday, December 17th. They issued a “buy” rating and a $100.00 price target for the company. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, AAR presently has a consensus rating of “Moderate Buy” and a consensus target price of $99.25.

View Our Latest Report on AIR

AAR Price Performance

AIR stock opened at $91.25 on Thursday. The business’s fifty day moving average price is $83.04 and its 200 day moving average price is $79.23. AAR Corp. has a 12-month low of $46.51 and a 12-month high of $97.00. The company has a current ratio of 2.91, a quick ratio of 1.31 and a debt-to-equity ratio of 0.82. The company has a market capitalization of $3.57 billion, a PE ratio of 35.79 and a beta of 1.24.

AAR (NYSE:AIR – Get Free Report) last released its earnings results on Tuesday, January 6th. The aerospace company reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.16. The company had revenue of $795.30 million during the quarter, compared to the consensus estimate of $760.95 million. AAR had a return on equity of 13.28% and a net margin of 3.17%.AAR’s revenue was up 15.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.90 EPS. On average, sell-side analysts anticipate that AAR Corp. will post 3.77 EPS for the current year.

Insider Activity at AAR

In related news, CEO John Mcclain Holmes III sold 38,462 shares of AAR stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $83.50, for a total value of $3,211,577.00. Following the completion of the transaction, the chief executive officer owned 260,141 shares in the company, valued at approximately $21,721,773.50. The trade was a 12.88% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 3.60% of the company’s stock.

About AAR

(Free Report)

AAR Corp. (NYSE: AIR) is a global provider of aviation products and services to commercial, government and defense customers. The company offers a comprehensive portfolio of maintenance, repair and overhaul (MRO) solutions, component repair and overhaul, and engineering services designed to support a wide variety of fixed-wing and rotary aircraft. Leveraging FAA and EASA certifications, AAR delivers turnkey maintenance programs and ad hoc repair services that enhance aircraft availability and reliability.

In its Aviation Supply Chain Services segment, AAR sources, stores and distributes parts for both commercial airlines and military operators.

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