Landscape Capital Management L.L.C. reduced its position in shares of GE Aerospace (NYSE:GE – Free Report) by 83.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 3,726 shares of the company’s stock after selling 18,148 shares during the period. Landscape Capital Management L.L.C.’s holdings in GE Aerospace were worth $1,393,000 as of its most recent SEC filing.
Several other large investors also recently modified their holdings of the business. Auto Owners Insurance Co grew its position in shares of GE Aerospace by 52,247.5% in the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock worth $2,024,413,000 after buying an additional 65,595,733 shares during the last quarter. Norges Bank bought a new stake in GE Aerospace in the fourth quarter valued at $4,444,736,000. Amundi boosted its holdings in GE Aerospace by 135.2% in the first quarter. Amundi now owns 6,119,975 shares of the company’s stock valued at $1,736,665,000 after acquiring an additional 3,518,278 shares in the last quarter. Jennison Associates LLC increased its position in GE Aerospace by 37.7% during the 1st quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after purchasing an additional 3,017,937 shares during the period. Finally, Corient Private Wealth LLC increased its position in GE Aerospace by 382.1% during the 4th quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock valued at $849,325,000 after purchasing an additional 2,185,321 shares during the period. 74.77% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Susquehanna reaffirmed a “positive” rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Seaport Research Partners started coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target for the company. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $450.00 price objective on shares of GE Aerospace in a report on Monday, July 27th. Finally, Jefferies Financial Group lifted their price objective on GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $390.59.
Insider Activity
In other news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the transaction, the senior vice president directly owned 20,666 shares in the company, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.19% of the company’s stock.
GE Aerospace Stock Up 1.2%
NYSE:GE opened at $348.85 on Friday. 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 firm’s 50-day moving average price is $361.10 and its 200-day moving average price is $326.84. The company has a market capitalization of $361.95 billion, a PE ratio of 41.09, a P/E/G ratio of 2.54 and a beta of 1.36. GE Aerospace has a 1-year low of $266.37 and a 1-year high of $388.84.
GE Aerospace (NYSE:GE – Get 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 analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same period last year, the company posted $1.66 EPS. GE Aerospace’s revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, equities analysts predict that GE Aerospace will post 7.91 EPS for the current fiscal year.
GE Aerospace Dividend Announcement
The firm also recently announced 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. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is currently 22.14%.
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.
Featured Articles
- Five stocks we like better than GE Aerospace
- 2 Biotech Stocks Shaping Up for Major Breakouts
- 3 Stocks Came Roaring Back—Now They’re Flashing Warning Signs
- 3 Beaten-Down Stocks That Haven’t Gotten the Message About the S&P 500’s Record Run
- Darden Restaurants Just Hit a 52-Week High–Is the Olive Garden Comeback Story Legit?
Receive News & Ratings for GE Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
