GE Aerospace $GE Shares Sold by Keel Point LLC

Keel Point LLC trimmed its position in GE Aerospace (NYSE:GE) by 48.7% during the first quarter, HoldingsChannel.com reports. The firm owned 3,736 shares of the company’s stock after selling 3,540 shares during the quarter. Keel Point LLC’s holdings in GE Aerospace were worth $1,060,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Vanguard Group Inc. increased its position in GE Aerospace by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after purchasing an additional 699,364 shares in the last quarter. Auto Owners Insurance Co lifted its position in GE Aerospace by 52,247.5% during the fourth quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after buying an additional 65,595,733 shares in the last quarter. State Street Corp lifted its position in GE Aerospace by 1.5% during the fourth quarter. State Street Corp now owns 45,240,802 shares of the company’s stock valued at $13,951,570,000 after buying an additional 663,160 shares in the last quarter. Geode Capital Management LLC grew its stake in GE Aerospace by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock worth $7,615,200,000 after buying an additional 312,880 shares during the period. Finally, Norges Bank purchased a new stake in GE Aerospace during the fourth quarter worth approximately $4,444,736,000. 74.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on the stock. JPMorgan Chase & Co. lifted their target price on shares of GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Susquehanna reiterated a “positive” rating and issued a $430.00 price target (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. Royal Bank Of Canada reissued an “outperform” rating and issued a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Jefferies Financial Group boosted their price objective on GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and issued a $410.00 target price on shares of GE Aerospace in a research report on Monday, July 20th. Sixteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and an average price target of $390.59.

More GE Aerospace News

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

• Positive Sentiment: GE Aerospace is favored over Northrop Grumman by analysts citing stronger expected growth, market-share gains and momentum in commercial aircraft engines. The comparison supports the bullish outlook, although GE trades at a higher valuation. GE vs. Northrop: Which Aerospace & Defense Stock Should You Bet On?
• Positive Sentiment: Technical investors are supporting the stock after it rebounded from key support and moved firmly into a buy zone. The shares have posted gains for the year despite periodic volatility following earnings. IBD Stock Of The Day: GE Aerospace Rises In Buy Zone After Earnings Letdown
• Positive Sentiment: GE Aerospace also highlighted a historic hybrid-electric flight at the Farnborough International Airshow, reinforcing its longer-term positioning in next-generation aviation technology. GE Aerospace celebrates historic hybrid electric flight at FIA
• Neutral Sentiment: The average brokerage recommendation remains equivalent to a Buy, but the report cautions that broadly optimistic analyst ratings may have limited predictive value and should not be viewed as a standalone reason to purchase GE. Brokers Suggest Investing in GE: Read This Before Placing a Bet
• Neutral Sentiment: GE is challenging the tax assessment on its Niskayuna research facility. The dispute could affect local tax costs, but no material financial impact was identified. GE challenges tax assessment for Niskayuna research facility
• Negative Sentiment: Reports of insider selling created a near-term overhang and contributed to a reported decline in the stock, potentially raising concerns about insider confidence even though the sale may have been routine. GE Aerospace Stock Price Down 3.5% After Insider Selling

GE Aerospace Stock Performance

NYSE:GE opened at $361.40 on Monday. The firm has a 50-day moving average of $347.87 and a two-hundred day moving average of $320.92. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The stock has a market cap of $374.98 billion, a P/E ratio of 42.57, a PEG ratio of 2.63 and a beta of 1.35. GE Aerospace has a 1-year low of $261.71 and a 1-year high of $382.97.

GE Aerospace (NYSE:GE) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. During the same period in the previous year, the company earned $1.66 earnings per share. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, research analysts expect that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the sale, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is owned by corporate insiders.

About GE Aerospace

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.