CFM Wealth Partners LLC Has $7 Million Position in FTAI Aviation Ltd. (NYSE:FTAI)

CFM Wealth Partners LLC grew its position in shares of FTAI Aviation Ltd. (NYSE:FTAI - Free Report) by 69.5% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 52,664 shares of the financial services provider's stock after buying an additional 21,596 shares during the period. FTAI Aviation comprises 1.4% of CFM Wealth Partners LLC's portfolio, making the stock its 19th largest position. CFM Wealth Partners LLC owned 0.05% of FTAI Aviation worth $6,999,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of FTAI. Vanguard Group Inc. raised its position in shares of FTAI Aviation by 6.3% during the 1st quarter. Vanguard Group Inc. now owns 9,040,503 shares of the financial services provider's stock worth $608,426,000 after purchasing an additional 533,381 shares during the period. Capital International Investors acquired a new stake in shares of FTAI Aviation during the 1st quarter worth approximately $274,052,000. American Century Companies Inc. raised its position in shares of FTAI Aviation by 1,923.5% during the 2nd quarter. American Century Companies Inc. now owns 972,806 shares of the financial services provider's stock worth $100,423,000 after purchasing an additional 924,730 shares during the period. Wellington Management Group LLP raised its position in shares of FTAI Aviation by 159.1% during the 4th quarter. Wellington Management Group LLP now owns 880,084 shares of the financial services provider's stock worth $40,836,000 after purchasing an additional 540,379 shares during the period. Finally, Price T Rowe Associates Inc. MD raised its position in shares of FTAI Aviation by 1,488.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 867,963 shares of the financial services provider's stock worth $58,415,000 after purchasing an additional 813,311 shares during the period. Institutional investors own 88.96% of the company's stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Compass Point raised their target price on FTAI Aviation from $118.00 to $156.00 and gave the company a "buy" rating in a research report on Friday, September 27th. Benchmark raised their target price on FTAI Aviation from $100.00 to $150.00 and gave the company a "buy" rating in a research report on Friday, August 16th. JMP Securities raised their target price on FTAI Aviation from $90.00 to $132.00 and gave the company a "market outperform" rating in a research report on Thursday, July 25th. Royal Bank of Canada raised their target price on FTAI Aviation from $120.00 to $143.00 and gave the company an "outperform" rating in a research report on Thursday, September 19th. Finally, Stifel Nicolaus upgraded FTAI Aviation from a "hold" rating to a "buy" rating and raised their target price for the company from $69.00 to $132.00 in a research report on Friday, July 26th. One analyst has rated the stock with a sell rating, one has assigned a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, FTAI Aviation presently has an average rating of "Moderate Buy" and a consensus price target of $134.73.

FTAI Aviation Price Performance

Shares of FTAI traded up $0.79 during trading hours on Wednesday, hitting $145.80. 696,496 shares of the company were exchanged, compared to its average volume of 1,032,062. The company has a market capitalization of $14.62 billion, a PE ratio of 66.58 and a beta of 2.04. The firm has a fifty day simple moving average of $125.07 and a 200-day simple moving average of $100.50. FTAI Aviation Ltd. has a one year low of $32.66 and a one year high of $149.74.

FTAI Aviation (NYSE:FTAI - Get Free Report) last released its quarterly earnings data on Tuesday, July 23rd. The financial services provider reported $0.26 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.14). The company had revenue of $443.59 million for the quarter, compared to the consensus estimate of $361.92 million. FTAI Aviation had a positive return on equity of 180.68% and a negative net margin of 1.50%. Sell-side analysts expect that FTAI Aviation Ltd. will post 2.13 EPS for the current year.

FTAI Aviation Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, August 20th. Stockholders of record on Monday, August 12th were paid a dividend of $0.30 per share. This represents a $1.20 annualized dividend and a dividend yield of 0.82%. The ex-dividend date was Monday, August 12th. FTAI Aviation's dividend payout ratio is presently 54.79%.

FTAI Aviation Company Profile

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.