<div id="readability-page-1"><p>Ameriprise Financial Inc. lessened its holdings in  AAR Corp. (NYSE:AIR - Free Report) by 6.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor  owned 156,037 shares of the aerospace company's stock after selling 10,189 shares during the quarter. Ameriprise Financial Inc. owned 0.43% of AAR worth $9,562,000 as of its most recent SEC filing.</p><ul><li>AAR Corp Jets Higher on Robust Demand for Aircraft Components</li></ul><p>Several other large investors have also bought and sold shares of the business. Barclays PLC boosted its position in  AAR by 269.4% in the third quarter. Barclays PLC now owns 66,223 shares of the aerospace company's stock valued at $4,328,000 after buying an additional 48,298 shares in the last quarter.  JPMorgan Chase &amp; Co. boosted its holdings in shares of  AAR by 9.7% during the 3rd quarter. JPMorgan Chase &amp; Co. now owns 40,737 shares of the aerospace company's stock valued at $2,663,000 after acquiring an additional 3,612 shares in the last quarter.  ZWJ Investment Counsel Inc. acquired a new stake in shares of  AAR during the 4th quarter valued at $203,000.  Sheets Smith Wealth Management boosted its holdings in shares of  AAR by 3.2% during the 4th quarter. Sheets Smith Wealth Management now owns 7,015 shares of the aerospace company's stock valued at $430,000 after acquiring an additional 220 shares in the last quarter.  Finally, SG Americas Securities LLC acquired a new stake in shares of  AAR during the fourth quarter valued at about $1,539,000. 90.74% of the stock is owned by institutional investors and hedge funds. </p><h2>AAR Stock Down 1.8%</h2><p>Shares of NYSE:AIR opened at $61.83 on Wednesday. The company has a market capitalization of $2.23 billion, a price-to-earnings ratio of 220.83 and a beta of 1.40. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.68 and a quick ratio of 1.27. The business's 50-day moving average is $58.03 and its 200-day moving average is $63.16. AAR Corp. has a 1 year low of $46.51 and a 1 year high of $76.34. </p><ul><li>Blackstone’s $10 Billion Bet on Property Prices Going Up</li></ul><p>AAR (NYSE:AIR - Get Free Report) last issued its quarterly earnings results on Thursday, March 27th. The aerospace company reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.96 by $0.03. AAR had a return on equity of 10.46% and a net margin of 0.41%. The firm had revenue of $678.20 million for the quarter, compared to analyst estimates of $699.13 million. During the same period in the previous year, the firm earned $0.85 earnings per share. The company's revenue was up 19.5% compared to the same quarter last year.  Equities research analysts predict that  AAR Corp. will post 3.77 earnings per share for the current year. </p><h2>Wall Street Analyst Weigh In</h2><p>AIR has been the topic of a number of recent research reports. KeyCorp cut their price target on shares of AAR from $83.00 to $80.00 and set an &#34;overweight&#34; rating on the stock in a report on Wednesday, April 2nd. Truist Financial cut their price objective on AAR from $81.00 to $78.00 and set a &#34;buy&#34; rating on the stock in a research note on Friday, March 28th. Finally, StockNews.com raised AAR from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a research note on Saturday, April 19th. One analyst  has rated the stock with a hold rating and five have assigned  a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of &#34;Moderate Buy&#34; and an average price target of $80.20.</p><ul><li>3 mid-caps with RSIs that scream oversold</li></ul><p><b>Get Our Latest Research Report on AIR</b></p><h2>AAR Profile</h2> (Free Report)<p>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 &amp; 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.</p><h2>Read More</h2><ul><li>Five stocks we like better than AAR</li><li>Most active stocks: Dollar volume vs share volume</li><li>Top 5 Stocks Hedge Funds Are Buying Right Now</li><li>What is diluted earnings per share (Diluted EPS)?</li><li>Viking Holdings Posts Strong Q1, Eyes Growth Ahead</li><li>What Percentage Gainers Tell Investors and Why They Don’t Tell the Whole Story</li><li>2 Reasons Netflix’s 40% Rally Is Far From Over</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFJUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUFJUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in AAR Right Now?</h2><p>Before you consider AAR, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and AAR wasn't on the list.</p><p>While AAR currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Ameriprise Financial Inc. reduced its stake in AAR Corp. (NYSE:AIR) by 6.1% in Q4, now holding 156,037 shares valued at $9.56 million. Other investors, including Barclays and JPMorgan, also adjusted their positions. AAR's stock is down 1.8%, with a market cap of $2.23 billion and a P/E ratio of 220.83. The company reported Q4 earnings of $0.99 per share, exceeding estimates, with revenue up 19.5% year-over-year. Analysts have mixed ratings, with a consensus of "Moderate Buy" and an average price target of $80.20.</p>

Ameriprise Financial Inc. Has $9.56 Million Stake in AAR Corp. (NYSE:AIR)