AAR Corp. (NYSE: AIR) reported fiscal 2027 first-quarter sales of $918.0 million, up 24% from $739.6 million a year earlier. GAAP net income was $40.1 million, compared with $34.4 million in the prior-year quarter.
GAAP diluted earnings per share were $1.00, versus $0.95 a year earlier. AAR also announced an agreement to acquire a 65% controlling interest in MRO Holdings.
- Basic EPS was $1.01, while diluted EPS was $1.00.
- Commercial-customer sales increased 28%, or $147.5 million; government-customer sales increased 14%, or $30.9 million.
- Cash flow from operating activities totaled $55.8 million, compared with $44.9 million of cash used a year earlier.
- Net debt was $780.5 million as of August 31, 2026, with net leverage of 1.81x.
- Second-quarter fiscal 2027 sales-growth guidance, excluding Legacy Commercial Programs, is 14% to 16%.
$AIR Hedge Fund Activity
We have seen 231 institutional investors add shares of $AIR stock to their portfolio, and 187 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 538,063 shares (+inf%) to their portfolio in Q2 2026, for an estimated $76,905,344
- BLACKROCK, INC. added 298,133 shares (+4.8%) to their portfolio in Q2 2026, for an estimated $42,612,149
- FRANKLIN RESOURCES INC removed 295,258 shares (-47.5%) from their portfolio in Q2 2026, for an estimated $42,201,225
- STATE STREET CORP added 266,694 shares (+11.5%) to their portfolio in Q1 2026, for an estimated $29,192,325
- INVESCO LTD. added 207,471 shares (+14.9%) to their portfolio in Q2 2026, for an estimated $29,653,830
- ALYESKA INVESTMENT GROUP, L.P. removed 200,000 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $21,892,000
- JANE STREET GROUP, LLC removed 181,937 shares (-91.7%) from their portfolio in Q2 2026, for an estimated $26,004,255
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
