AIRNYSEAircraft & PartsFiscal year ends May 31
AAR CORP
Financials through Q1 FY2027, quarter ended Aug 31, 2026Last filing: 10-Q on Sep 29, 2026
$98.59−0.25 (-0.25%)
Close on Oct 19, 2026
- Market cap
- $3.93B
- P/E (TTM)
- 20.2
- Dividend yield
- –
Ownership
Institutional holdings as of Jun 30, 2026, from 13F filings
Held by institutions
100.0%
41M of 40M shares
Institutional holders
409
76 new, 41 sold out
Net institutional buying
1M
In Q2 2026
Insider trades, 12 months
0 buys · 22 sales
Net sold $26.70M
Shares held by institutions
Holders of more than 5%
Latest Schedule 13D (active) or 13G (passive) filed by each holder
| Holder | Shares | % of class | Filing | As of |
|---|---|---|---|---|
| BlackRock, Inc. | 5,774,020 | 16.10% | 13G (passive) amendment | Sep 30, 2024 |
| State Street Corporation | 2,587,621 | 6.50% | 13G (passive) | Mar 31, 2026 |
| Vanguard Portfolio Management | 2,149,712 | 5.40% | 13G (passive) | Mar 31, 2026 |
| Vanguard Capital Management | 1,989,865 | 5.00% | 13G (passive) | Mar 31, 2026 |
Top institutional holders
13F holdings as of Jun 30, 2026
| Holder | Shares | % of AIR | Value | Change | % of portfolio |
|---|---|---|---|---|---|
| BlackRock, Inc. | 6,472,176 | 16.10% | $925.07M | +298,133 | 0.01% |
| State Street Corp | 2,834,085 | 7.05% | $405.06M | +246,464 | 0.01% |
| Vanguard Portfolio Management LLC | 2,182,385 | 5.43% | $311.93M | +52,463 | 0.01% |
| Dimensional Fund Advisors LP | 1,933,597 | 4.81% | $276.37M | −11,092 | 0.05% |
| Vanguard Capital Management LLC | 1,717,998 | 4.27% | $245.55M | +21,229 | 0.01% |
| Invesco Ltd. | 1,601,129 | 3.98% | $228.85M | +207,471 | 0.02% |
| Earnest Partners LLC | 1,252,035 | 3.11% | $178.95M | −53,035 | 0.65% |
| Capital Research Global Investors | 1,160,069 | 2.89% | $165.81M | −63,191 | 0.02% |
| Geode Capital Management, LLC | 1,139,685 | 2.84% | $162.92M | +165,351 | 0.01% |
| American Century Companies Inc | 783,011 | 1.95% | $111.92M | −45,039 | 0.05% |
| Westwood Holdings Group Inc | 777,449 | 1.93% | $111.12M | −171,223 | 0.84% |
| Broad Bay Capital Management, LP | 749,675 | 1.87% | $107.15M | −68,650 | 10.01% |
| Fuller & Thaler Asset Management, Inc. | 742,076 | 1.85% | $106.06M | +23,986 | 0.29% |
| Principal Financial Group Inc | 633,597 | 1.58% | $90.56M | −42,089 | 0.04% |
| Barrow Hanley Mewhinney & Strauss LLC | 589,454 | 1.47% | $84.25M | −32,639 | 0.26% |
| Loomis Sayles & Co L P | 582,574 | 1.45% | $83.27M | −56,311 | 0.10% |
| Charles Schwab Investment Management Inc | 538,063 | 1.34% | $76.91M | −7,709 | 0.01% |
| Emerald Advisers, LLC | 521,919 | 1.30% | $74.60M | +76,226 | 1.76% |
| Morgan Stanley | 474,645 | 1.18% | $67.84M | −48,044 | 0.00% |
| Ophir Asset Management Pty Ltd | 447,138 | 1.11% | $63.91M | −92,834 | 5.26% |
Institutional buying and selling by quarter
Positions opened, added to, reduced and closed by 13F filers
| Quarter | Holders | Shares held | % of shares | New / added | Reduced / closed | Shares bought | Shares sold |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 409 | 41M | 100.0% | 76 / 156 | 131 / 41 | 4M | 3M |
| Q1 2026 | 380 | 40M | 99.6% | 98 / 137 | 104 / 33 | 10M | 4M |
| Q4 2025 | 321 | 39M | 96.9% | 64 / 135 | 80 / 38 | 6M | 4M |
| Q3 2025 | 299 | 37M | 91.2% | 72 / 91 | 96 / 32 | 5M | 3M |
| Q2 2025 | 261 | 34M | 85.4% | 44 / 76 | 109 / 29 | 3M | 3M |
| Q1 2025 | 249 | 35M | 85.9% | 32 / 86 | 85 / 25 | 2M | 2M |
| Q4 2024 | 245 | 35M | 86.3% | 32 / 97 | 73 / 28 | 3M | 3M |
| Q3 2024 | 242 | 34M | 85.5% | 29 / 99 | 76 / 32 | 8M | 3M |
| Q2 2024 | 248 | 34M | 85.1% | 33 / 76 | 94 / 34 | 4M | 4M |
| Q1 2024 | 251 | 34M | 85.3% | 46 / 71 | 101 / 24 | 4M | 3M |
| Q4 2023 | 229 | 34M | 84.2% | 29 / 76 | 85 / 28 | 4M | 2M |
| Q3 2023 | 230 | 33M | 81.5% | 34 / 80 | 76 / 22 | 2M | 2M |
Top mutual fund and ETF holders
Latest monthly portfolio reports (Form N-PORT)
| Fund | Shares | % of AIR | Value | % of fund | As of |
|---|---|---|---|---|---|
| iShares Core S&P Small-Cap ETF | 2,363,288 | 5.88% | $337.78M | 0.30% | Jun 30, 2026 |
| Vanguard Total Stock Market Index Fund | 1,198,033 | 2.98% | $171.23M | 0.01% | Jun 30, 2026 |
| State Street(R) SPDR(R) S&P(R) Aerospace & Defense ETF | 1,193,657 | 2.97% | $170.61M | 2.64% | Jun 30, 2026 |
| SMALLCAP World Fund Inc | 1,129,345 | 2.81% | $161.42M | 0.17% | Jun 30, 2026 |
| iShares Russell 2000 ETF | 1,026,684 | 2.55% | $146.74M | 0.18% | Jun 30, 2026 |
| Vanguard Small-Cap Index Fund | 866,692 | 2.16% | $123.88M | 0.07% | Jun 30, 2026 |
| Vanguard Small-Cap Value Index Fund | 548,801 | 1.37% | $78.44M | 0.12% | Jun 30, 2026 |
| Small Cap Growth Fund | 524,373 | 1.30% | $73.43M | 1.32% | Jul 31, 2026 |
| Harbor Small Cap Value Fund | 489,157 | 1.22% | $68.50M | 2.73% | Jul 31, 2026 |
| Fullerthaler Behavioral Small-Cap Growth | 478,460 | 1.19% | $68.39M | 1.11% | Jun 30, 2026 |
| Vanguard Extended Market Index Fund | 449,918 | 1.12% | $64.31M | 0.07% | Jun 30, 2026 |
| Fidelity Small Cap Index Fund | 437,149 | 1.09% | $61.22M | 0.18% | Jul 31, 2026 |
| iShares U.S. Aerospace & Defense ETF | 397,983 | 0.99% | $56.88M | 0.39% | Jun 30, 2026 |
| iShares Russell 2000 Growth ETF | 369,248 | 0.92% | $52.78M | 0.34% | Jun 30, 2026 |
| State Street(R) SPDR(R) Portfolio S&P 600(TM) Small Cap ETF | 359,568 | 0.89% | $51.39M | 0.30% | Jun 30, 2026 |
Officers, directors and major owners
People who filed Forms 3, 4 or 5 in the last two years
| Name | Role | Shares owned | % of shares | Latest filing |
|---|---|---|---|---|
| John McClain Holmes III | Chairman, President & CEO, Director | 447,582 | 1.11% | Aug 3, 2026 |
| Eric Pachapa | VP-CAO & Controller | 25,801 | 0.06% | Aug 3, 2026 |
| Jessica A. Garascia | Senior VP, GC, CAO & Secretary | 36,352 | 0.09% | Aug 3, 2026 |
| Christopher A. Jessup | Senior Vice President-CCO | 78,045 | 0.19% | Aug 3, 2026 |
| Dylan Zachary Wolin | Senior VP & CFO | 11,442 | 0.03% | Jul 24, 2026 |
| Sarah Louise Flanagan | Interim CFO VP Fin Ops | 43,598 | 0.11% | Feb 4, 2026 |
| Sean M. Gillen | Senior VP-CFO | 89,930 | 0.22% | Aug 1, 2025 |
| Robert F. Leduc | Director | 18,689 | 0.05% | Sep 1, 2026 |
| Marc Jay Walfish | Director | 133,104 | 0.33% | Sep 1, 2026 |
| John W. Dietrich | Director | 8,426 | 0.02% | Jun 3, 2026 |
| Duncan J. McNabb | Director | 8,392 | 0.02% | Jun 3, 2026 |
| Ellen M. Lord | Director | 14,396 | 0.04% | Jun 3, 2026 |
| Hema Widhani | Director | 0 | – | Jun 2, 2026 |
| Jeffrey N. Edwards | Director | 5,955 | 0.01% | Jun 2, 2026 |
| Michael Ross Boyce | Director | 120,904 | 0.30% | Jun 2, 2026 |
| Billy Nolen | Director | 0 | – | Jun 2, 2026 |
| Peter Pace | Director | 25,485 | 0.06% | Jun 2, 2026 |
| Jennifer L. Vogel | Director | 24,334 | 0.06% | Jun 2, 2026 |
Insider trades
Common stock transactions reported on Form 4, newest first
| Insider | Date | Transaction | Shares | Price | Value | Shares after |
|---|---|---|---|---|---|---|
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Jul 31, 2026 | Tax withholding | −1,028 | $140.04 | $143.96K | 36,352 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Jul 31, 2026 | Tax withholding | −5,635 | $140.04 | $789.13K | 37,380 |
| Christopher A. Jessup Senior Vice President-CCO | Jul 31, 2026 | Tax withholding | −1,294 | $140.04 | $181.21K | 78,045 |
| Christopher A. Jessup Senior Vice President-CCO | Jul 31, 2026 | Tax withholding | −7,098 | $140.04 | $994.00K | 79,339 |
| Eric Pachapa VP-CAO & Controller | Jul 31, 2026 | Tax withholding | −3,365 | $140.04 | $471.23K | 25,801 |
| Eric Pachapa VP-CAO & Controller | Jul 31, 2026 | Tax withholding | −614 | $140.04 | $85.98K | 25,187 |
| John McClain Holmes III Chairman, President & CEO, Director | Jul 31, 2026 | Tax withholding | −34,143 | $140.04 | $4.78M | 447,582 |
| John McClain Holmes III Chairman, President & CEO, Director | Jul 31, 2026 | Tax withholding | −6,220 | $140.04 | $871.05K | 441,362 |
| John McClain Holmes III Chairman, President & CEO, Director | Jul 23, 2026 | Award | +20,082 | – | – | 290,102 |
| John McClain Holmes III Chairman, President & CEO, Director | Jul 23, 2026 | Award | +161,500 | – | – | 481,725 |
| John McClain Holmes III Chairman, President & CEO, Director | Jul 23, 2026 | Award | +30,123 | – | – | 320,225 |
| Christopher A. Jessup Senior Vice President-CCO | Jul 23, 2026 | Award | +8,041 | – | – | 86,437 |
| Christopher A. Jessup Senior Vice President-CCO | Jul 23, 2026 | Award | +5,360 | – | – | 78,396 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Jul 23, 2026 | Award | +5,191 | – | – | 43,015 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Jul 23, 2026 | Award | +3,460 | – | – | 37,824 |
| Dylan Zachary Wolin Senior VP & CFO | Jul 23, 2026 | Award | +3,862 | – | – | 11,442 |
| Dylan Zachary Wolin Senior VP & CFO | Jul 23, 2026 | Award | +5,793 | – | – | 17,235 |
| Eric Pachapa VP-CAO & Controller | Jul 23, 2026 | Award | +1,390 | – | – | 27,080 |
| Eric Pachapa VP-CAO & Controller | Jul 23, 2026 | Award | +2,086 | – | – | 29,166 |
| Christopher A. Jessup Senior Vice President-CCO | Jul 14, 2026 | Award | +7,267 | – | – | 73,036 |
| Eric Pachapa VP-CAO & Controller | Jul 14, 2026 | Award | +3,445 | – | – | 25,690 |
| John McClain Holmes III Chairman, President & CEO, Director | Jul 14, 2026 | Award | +34,956 | – | – | 270,020 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Jul 14, 2026 | Award | +4,807 | – | – | 34,364 |
| Ellen M. Lord Director | Jun 1, 2026 | Award | +1,364 | – | – | 14,396 |
| John W. Dietrich Director | Jun 1, 2026 | Award | +1,364 | – | – | 8,426 |
| Jeffrey N. Edwards Director | Jun 1, 2026 | Award | +1,364 | – | – | 5,955 |
| Jennifer L. Vogel Director | Jun 1, 2026 | Award | +1,364 | – | – | 24,334 |
| Robert F. Leduc Director | Jun 1, 2026 | Award | +1,364 | – | – | 18,689 |
| Michael Ross Boyce Director | Jun 1, 2026 | Award | +1,364 | – | – | 100,904 |
| Marc Jay Walfish Director | Jun 1, 2026 | Award | +1,364 | – | – | 133,104 |
| Peter Pace Director | Jun 1, 2026 | Award | +1,364 | – | – | 25,485 |
| John McClain Holmes III Chairman, President & CEO, Director | Mar 27, 2026 | Sale | −23,950 | $107.60 | $2.58M | 235,064 |
| John McClain Holmes III Chairman, President & CEO, Director | Mar 27, 2026 | Option exercise | +2,225 | $37.66 | $83.79K | 237,289 |
| John McClain Holmes III Chairman, President & CEO, Director | Mar 27, 2026 | Sale | −2,225 | $107.60 | $239.41K | 235,064 |
| John McClain Holmes III Chairman, President & CEO, Director | Mar 27, 2026 | Option exercise | +23,950 | $37.74 | $903.87K | 259,014 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Mar 26, 2026 | Sale | −2,138 | $112.20 | $239.88K | 29,557 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Mar 26, 2026 | Option exercise | +1,778 | $58.27 | $103.60K | 31,335 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Mar 26, 2026 | Sale | −2,368 | $112.20 | $265.69K | 29,557 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Mar 26, 2026 | Option exercise | +2,368 | $41.88 | $99.17K | 31,925 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Mar 26, 2026 | Option exercise | +2,138 | $67.02 | $143.29K | 31,695 |
| Jessica A. Garascia Senior VP, GC, CAO & Secretary | Mar 26, 2026 | Sale | −1,778 | $112.20 | $199.49K | 29,557 |
| John McClain Holmes III Chairman, President & CEO, Director | Mar 26, 2026 | Sale | −60,000 | $112.41 | $6.74M | 235,064 |
| John McClain Holmes III Chairman, President & CEO, Director | Mar 26, 2026 | Option exercise | +60,000 | $37.66 | $2.26M | 295,064 |
| Dylan Zachary Wolin Senior VP & CFO | Mar 26, 2026 | Award | +7,580 | – | – | 7,580 |
| Billy Nolen Director | Mar 26, 2026 | Sale | −1,562 | $111.00 | $173.38K | 0 |
| Sarah Louise Flanagan Interim CFO VP Fin Ops | Feb 4, 2026 | Option exercise | +10,750 | $37.66 | $404.84K | 43,598 |
| Sarah Louise Flanagan Interim CFO VP Fin Ops | Feb 4, 2026 | Sale | −10,750 | $108.56 | $1.17M | 32,848 |
| John McClain Holmes III Chairman, President & CEO, Director | Feb 3, 2026 | Sale | −10,000 | $108.44 | $1.08M | 237,064 |
| John McClain Holmes III Chairman, President & CEO, Director | Feb 3, 2026 | Option exercise | +10,000 | $37.66 | $376.60K | 247,064 |
| John McClain Holmes III Chairman, President & CEO, Director | Feb 3, 2026 | Gift | −2,000 | – | – | 235,064 |
| Eric Pachapa VP-CAO & Controller | Jan 22, 2026 | Sale | −1,146 | $105.94 | $121.41K | 20,385 |
| Eric Pachapa VP-CAO & Controller | Jan 22, 2026 | Option exercise | +3,837 | $18.94 | $72.67K | 24,222 |
| Eric Pachapa VP-CAO & Controller | Jan 22, 2026 | Sale | −3,837 | $105.94 | $406.49K | 20,385 |
| Eric Pachapa VP-CAO & Controller | Jan 22, 2026 | Award | +1,395 | – | – | 22,245 |
| Eric Pachapa VP-CAO & Controller | Jan 22, 2026 | Award | +465 | – | – | 20,850 |
| Eric Pachapa VP-CAO & Controller | Jan 22, 2026 | Option exercise | +1,146 | $67.02 | $76.80K | 21,531 |
| Sarah Louise Flanagan Interim CFO VP Fin Ops | Jan 22, 2026 | Award | +2,785 | – | – | 32,848 |
| Sarah Louise Flanagan Interim CFO VP Fin Ops | Jan 22, 2026 | Award | +930 | – | – | 30,063 |
| John McClain Holmes III Chairman, President & CEO, Director | Jan 14, 2026 | Option exercise | +3,947 | $48.09 | $189.81K | 241,011 |
| John McClain Holmes III Chairman, President & CEO, Director | Jan 14, 2026 | Sale | −3,947 | $99.41 | $392.37K | 237,064 |
Awards, option exercises, tax withholding and gifts are shown alongside open-market buys and sales. Each name links to the filing on SEC EDGAR.
Planned insider sales
Notices of proposed sale filed on Form 144 before shares are sold
| Seller | Filed | Shares | Market value | Planned sale | Acquired through |
|---|---|---|---|---|---|
| Flanagan Sarah Former Officer | Apr 1, 2026 | 9,150 | $1.03M | Apr 1, 2026 | Exercise of options under a registered plan |
| Holmes John Officer | Mar 27, 2026 | 26,175 | $2.82M | Mar 27, 2026 | Exercise of options under a registered plan |
| Garascia Jessica Officer | Mar 26, 2026 | 6,284 | $705.07K | Mar 26, 2026 | Exercise of options under a registered plan |
| Holmes John Officer | Mar 26, 2026 | 60,000 | $6.74M | Mar 26, 2026 | Exercise of options under a registered plan |
| Nolen Billy Director | Mar 26, 2026 | 1,562 | $173.38K | Mar 26, 2026 | Restricted stock vesting under a registered plan |
| Flanagan Sarah Officer | Feb 4, 2026 | 10,750 | $1.17M | Feb 4, 2026 | Exercise of options under a registered plan |
| Holmes John Officer | Feb 3, 2026 | 10,000 | $1.08M | Feb 3, 2026 | Exercise of options under a registered plan |
| Pachapa Eric Officer | Jan 22, 2026 | 4,983 | $527.88K | Jan 22, 2026 | Exercise of options under a registered plan |
| Holmes John Officer | Jan 14, 2026 | 9,947 | $988.80K | Jan 14, 2026 | Exercise of options under a registered plan |
| Holmes John Officer | Jan 13, 2026 | 16,802 | $1.66M | Jan 13, 2026 | Exercise of options under a registered plan |
| Holmes John Officer | Jan 12, 2026 | 30,000 | $2.93M | Jan 12, 2026 | Exercise of options under a registered plan |
| Jessup Christopher Officer | Jan 9, 2026 | 23,621 | $2.29M | Jan 9, 2026 | Exercise of options under a registered plan |
| Garascia Jessica Officer | Jan 8, 2026 | 4,787 | $455.98K | Jan 8, 2026 | Restricted stock vesting under a registered plan |
| M. Gillen Sean Former Officer | Jan 7, 2026 | 101,398 | $9.38M | Jan 7, 2026 | Restricted stock vesting under a registered plan |
| Holmes John Director, Officer | Nov 5, 2025 | 61,539 | $5.17M | Nov 5, 2025 | Performance Stock Units |