World Investment Advisors Acquires 3,202 Shares of GE Aerospace $GE

World Investment Advisors boosted its stake in shares of GE Aerospace (NYSE:GE) by 14.4% during the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 25,448 shares of the company’s stock after buying an additional 3,202 shares during the period. World Investment Advisors’ holdings in GE Aerospace were worth $7,222,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of the stock. Blueline Advisors LLC bought a new stake in shares of GE Aerospace during the fourth quarter worth $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace in the 4th quarter valued at $31,000. Tucker Asset Management LLC bought a new stake in GE Aerospace in the 4th quarter valued at $32,000. Lifetime Wealth Management P.C. bought a new stake in GE Aerospace in the 4th quarter valued at $40,000. Finally, Legacy Bridge LLC boosted its stake in GE Aerospace by 3,375.0% in the 4th quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after purchasing an additional 135 shares during the period. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Price Performance

NYSE:GE opened at $377.14 on Friday. GE Aerospace has a 52-week low of $243.34 and a 52-week high of $382.97. The company has a market cap of $393.49 billion, a P/E ratio of 46.45, a P/E/G ratio of 3.35 and a beta of 1.35. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The stock’s 50-day simple moving average is $322.83 and its 200 day simple moving average is $315.01.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results 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 during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts forecast 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. Investors 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 dividend yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is currently 23.15%.

Analyst Ratings Changes

Several research firms have issued reports on GE. Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target on the stock. BNP Paribas Exane dropped their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. President Capital cut their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Seaport Research Partners began coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. Finally, Weiss Ratings downgraded shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and an average target price of $357.56.

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.