2,141 Shares in GE Aerospace $GE Bought by Gallo Partners LP

Gallo Partners LP acquired a new stake in shares of GE Aerospace (NYSE:GE) during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor acquired 2,141 shares of the company’s stock, valued at approximately $800,000. GE Aerospace comprises approximately 1.8% of Gallo Partners LP’s investment portfolio, making the stock its 24th biggest position.

A number of other large investors also recently added to or reduced their stakes in the business. Blueline Advisors LLC bought a new position in GE Aerospace during the 4th quarter valued at approximately $25,000. Ankerstar Wealth LLC bought a new position in shares of GE Aerospace in the 4th quarter worth about $31,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace in the 4th quarter worth about $32,000. Paladin Partners LLC purchased a new position in GE Aerospace during the 2nd quarter valued at about $38,000. Finally, Lifetime Wealth Management P.C. purchased a new position in GE Aerospace during the 4th quarter valued at about $40,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Insider Activity at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction dated 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 transaction, the senior vice president directly owned 20,666 shares of the company’s stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.19% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

GE has been the topic of a number of recent research reports. UBS Group upped their price objective on shares of GE Aerospace from $426.00 to $435.00 and gave the stock a “buy” rating in a report on Friday, July 17th. TD Cowen restated a “buy” rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a report on Monday, July 13th. Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $450.00 price target on shares of GE Aerospace in a research note on Monday, July 27th. Finally, Susquehanna reaffirmed a “positive” rating and set a $430.00 price target (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Sixteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $390.59.

GE Aerospace Trading Up 0.1%

Shares of GE stock opened at $348.85 on Monday. 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 company has a market cap of $361.95 billion, a price-to-earnings ratio of 41.09, a PEG 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. The firm has a fifty day moving average price of $361.10 and a 200-day moving average price of $326.97.

GE Aerospace (NYSE:GE) last announced its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. The company 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%.GE Aerospace’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period last year, the firm earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, equities analysts predict that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were paid a $0.47 dividend. The ex-dividend date of this dividend was 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 22.14%.

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.