GE Aerospace $GE Shares Sold by Cumberland Partners Ltd

Cumberland Partners Ltd reduced its holdings in shares of GE Aerospace (NYSE:GEFree Report) by 36.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,250 shares of the company’s stock after selling 9,815 shares during the quarter. Cumberland Partners Ltd’s holdings in GE Aerospace were worth $4,895,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in GE. High Falls Advisors Inc raised its position in shares of GE Aerospace by 3.0% during the 4th quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock worth $329,000 after acquiring an additional 31 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares during the last quarter. Montz Harcus Wealth Management LLC increased its stake in GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares during the last quarter. Darwin Wealth Management LLC raised its holdings in GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after purchasing an additional 33 shares in the last quarter. Finally, LRI Investments LLC lifted its position in shares of GE Aerospace by 1.4% during the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock worth $736,000 after buying an additional 33 shares during the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

GE Aerospace Price Performance

Shares of GE opened at $353.71 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. GE Aerospace has a fifty-two week low of $261.71 and a fifty-two week high of $382.97. The firm has a 50-day simple moving average of $341.50 and a 200-day simple moving average of $319.67. The company has a market capitalization of $367.00 billion, a price-to-earnings ratio of 41.66, a price-to-earnings-growth ratio of 2.67 and a beta of 1.35.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. The firm had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, equities research analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace’s payout ratio is presently 22.14%.

Analyst Ratings Changes

Several brokerages have recently issued reports on GE. President Capital lowered their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Sanford C. Bernstein set a $421.00 price target on shares of GE Aerospace and gave the company an “outperform” rating in a research report on Thursday. TD Cowen restated a “buy” rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. UBS Group raised their price objective on GE Aerospace from $426.00 to $435.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Finally, Weiss Ratings raised GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Sixteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $386.88.

View Our Latest Stock Analysis on GE

GE Aerospace Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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