Leelyn Smith LLC Grows Stake in GE Aerospace $GE

Leelyn Smith LLC lifted its position in GE Aerospace (NYSE:GE) by 1,467.6% during the 1st quarter, HoldingsChannel reports. The firm owned 11,381 shares of the company’s stock after buying an additional 10,655 shares during the period. Leelyn Smith LLC’s holdings in GE Aerospace were worth $3,230,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Baer Investment Advisory LLC purchased a new position in GE Aerospace during the first quarter worth about $651,000. World Investment Advisors increased its stake in GE Aerospace by 14.4% in the 1st quarter. World Investment Advisors now owns 25,448 shares of the company’s stock worth $7,222,000 after acquiring an additional 3,202 shares during the last quarter. PAX Financial Group LLC raised its holdings in shares of GE Aerospace by 13.6% in the 1st quarter. PAX Financial Group LLC now owns 1,256 shares of the company’s stock valued at $356,000 after acquiring an additional 150 shares in the last quarter. Turtle Creek Wealth Advisors LLC raised its holdings in shares of GE Aerospace by 12.9% in the 1st quarter. Turtle Creek Wealth Advisors LLC now owns 5,286 shares of the company’s stock valued at $1,500,000 after acquiring an additional 602 shares in the last quarter. Finally, Optas LLC raised its holdings in shares of GE Aerospace by 1.0% in the 1st quarter. Optas LLC now owns 9,062 shares of the company’s stock valued at $2,572,000 after acquiring an additional 92 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

GE has been the subject of several recent analyst reports. Seaport Research Partners initiated coverage on GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price objective for the company. President Capital lowered their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Daiwa Securities Group started coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. UBS Group cut their price target on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Finally, BNP Paribas Exane decreased their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $357.56.

GE Aerospace Trading Down 0.1%

Shares of GE stock opened at $377.14 on Friday. The business has a 50-day moving average price of $322.83 and a two-hundred day moving average price of $315.01. GE Aerospace has a 12-month low of $243.34 and a 12-month high of $382.97. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The firm has a market cap of $393.49 billion, a P/E ratio of 46.45, a price-to-earnings-growth ratio of 3.35 and a beta of 1.35.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts anticipate that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s dividend payout ratio is currently 23.15%.

GE Aerospace Company Profile

GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single‑aisle airliners to widebody and military platforms.

Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.