OMERS ADMINISTRATION Corp Acquires 2,976 Shares of GE Aerospace $GE

OMERS ADMINISTRATION Corp lifted its stake in shares of GE Aerospace (NYSE:GE) by 3.9% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 79,903 shares of the company’s stock after buying an additional 2,976 shares during the quarter. OMERS ADMINISTRATION Corp’s holdings in GE Aerospace were worth $29,862,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC boosted its stake in GE Aerospace by 25.3% during the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after acquiring an additional 2,421 shares in the last quarter. Revolve Wealth Partners LLC boosted its holdings in GE Aerospace by 7.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after acquiring an additional 150 shares in the last quarter. Sivia Capital Partners LLC grew its stake in GE Aerospace by 4.6% in the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after acquiring an additional 191 shares during the period. Main Street Financial Solutions LLC grew its stake in GE Aerospace by 348.6% in the second quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock valued at $1,518,000 after acquiring an additional 4,584 shares during the period. Finally, HUB Investment Partners LLC increased its stake in GE Aerospace by 4.2% during the 2nd quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock valued at $2,326,000 after purchasing an additional 366 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

Insider Buying and Selling at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction 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 approximately $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on GE. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $450.00 price target on shares of GE Aerospace in a research report on Monday, July 27th. Weiss Ratings raised GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. The Goldman Sachs Group reissued a “buy” rating and issued a $410.00 target price on shares of GE Aerospace in a research report on Monday, July 20th. Susquehanna restated a “positive” rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Finally, JPMorgan Chase & Co. upped their price target on GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $390.59.

GE Aerospace Stock Performance

NYSE GE opened at $348.85 on Monday. The firm has a market cap of $361.95 billion, a P/E ratio of 41.09, a price-to-earnings-growth ratio of 2.54 and a beta of 1.36. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The company’s 50 day moving average is $361.10 and its 200-day moving average is $326.97. GE Aerospace has a 12-month low of $266.37 and a 12-month high of $388.84.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $11.87 billion. During the same period last year, the firm earned $1.66 EPS. GE Aerospace’s revenue for the quarter was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Sell-side analysts predict that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

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