Jennifer Aniston Debuts Engagement Ring

Justin Theroux and Jennifer Aniston

Jason Thomas/FilmMagic

updated 10/08/2012 AT 2:00 PM ET

originally published 10/08/2012 AT 2:20 PM ET

Hiding no more!

Jennifer Aniston showed off quite the rock while out with fiancé Justin Theroux in Santa Fe on Saturday.

Theroux was visiting the actress – who’s currently filming We Are the Millers in New Mexico – when Aniston, 43, reached up to touch his face, baring the bauble.

The couple were engaged Aug. 10 after dating for more than a year.

“Everyone is really excited for them,” a source told PEOPLE at the time.

“It’s amazing to see how happy Justin makes Jen, and everyone was always hoping that he would propose.”

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