Investment Analysts’ Weekly Ratings Changes for FTAI Aviation (FTAI)

FTAI Aviation (NYSE: FTAI) recently received a number of ratings updates from brokerages and research firms:

• 10/28/2024 – FTAI Aviation had its price target raised by analysts at Citigroup Inc. from $134.00 to $165.00. They now have a “buy” rating on the stock.
• 10/22/2024 – FTAI Aviation had its price target raised by analysts at Deutsche Bank Aktiengesellschaft from $125.00 to $160.00. They now have a “buy” rating on the stock.
• 10/18/2024 – FTAI Aviation had its “underperform” rating reaffirmed by analysts at Morgan Stanley.
• 10/18/2024 – FTAI Aviation had its “buy” rating reaffirmed by analysts at Royal Bank of Canada.
• 10/18/2024 – FTAI Aviation had its price target raised by analysts at Morgan Stanley from $140.00 to $148.00. They now have an “overweight” rating on the stock.
• 9/30/2024 – FTAI Aviation had its price target raised by analysts at Jefferies Financial Group Inc. from $140.00 to $155.00. They now have a “buy” rating on the stock.
• 9/27/2024 – FTAI Aviation had its price target raised by analysts at Compass Point from $118.00 to $156.00. They now have a “buy” rating on the stock.
• 9/19/2024 – FTAI Aviation had its price target raised by analysts at Royal Bank of Canada from $120.00 to $143.00. They now have an “outperform” rating on the stock.

FTAI Aviation Stock Performance

Shares of FTAI opened at $145.30 on Thursday. FTAI Aviation Ltd. has a 52-week low of $36.25 and a 52-week high of $149.74. The stock’s 50-day simple moving average is $131.88 and its 200 day simple moving average is $105.59. The stock has a market capitalization of $14.57 billion, a price-to-earnings ratio of 66.35 and a beta of 2.04.

Hedge Funds Weigh In On FTAI Aviation

Several hedge funds have recently bought and sold shares of the company. Arcadia Investment Management Corp MI bought a new position in FTAI Aviation in the 2nd quarter valued at $33,000. Farther Finance Advisors LLC grew its position in FTAI Aviation by 118.1% during the third quarter. Farther Finance Advisors LLC now owns 349 shares of the financial services provider’s stock worth $46,000 after buying an additional 189 shares in the last quarter. Ridgewood Investments LLC purchased a new position in FTAI Aviation during the second quarter worth about $59,000. EverSource Wealth Advisors LLC increased its stake in FTAI Aviation by 165.0% in the 1st quarter. EverSource Wealth Advisors LLC now owns 2,875 shares of the financial services provider’s stock worth $202,000 after acquiring an additional 1,790 shares during the last quarter. Finally, RiverPark Advisors LLC bought a new stake in shares of FTAI Aviation during the 2nd quarter valued at about $202,000. Hedge funds and other institutional investors own 88.96% of the company’s stock.

FTAI Aviation Ltd. owns and acquires aviation and offshore energy equipment for the transportation of goods and people worldwide. It operates through two segments, Aviation Leasing and Aerospace Products. The Aviation Leasing segment owns and manages aviation assets, including aircraft and aircraft engines, which it leases and sells to customers.