NewEdge Advisors LLC Raises Stock Holdings in GE Aerospace $GE

NewEdge Advisors LLC raised its stake in GE Aerospace (NYSE:GEFree Report) by 2.4% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 155,056 shares of the company’s stock after buying an additional 3,644 shares during the period. NewEdge Advisors LLC’s holdings in GE Aerospace were worth $57,949,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of the company. Blueline Advisors LLC purchased a new stake in GE Aerospace in the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace in the 4th quarter valued at $31,000. Paladin Partners LLC bought a new position in shares of GE Aerospace during the 2nd quarter valued at $38,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace during the 4th quarter valued at $32,000. Finally, Parvin Asset Management LLC purchased a new position in GE Aerospace in the 2nd quarter worth $41,000. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Price Performance

GE stock opened at $334.41 on Wednesday. The stock has a market capitalization of $346.97 billion, a price-to-earnings ratio of 39.39, a PEG ratio of 2.46 and a beta of 1.35. The firm’s 50-day moving average price is $355.84 and its two-hundred day moving average price is $328.91. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. GE Aerospace has a 12-month low of $268.91 and a 12-month high of $388.84.

GE Aerospace (NYSE:GEGet Free Report) last posted its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. GE Aerospace’s revenue for the quarter was up 21.1% on a year-over-year basis. During the same period in the prior year, the business posted $1.66 earnings per share. 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 firm also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were issued a $0.47 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

Wall Street Analysts Forecast Growth

GE has been the subject of several recent research reports. Seaport Research Partners assumed 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. Royal Bank Of Canada reiterated an “outperform” rating and issued a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. Jefferies Financial Group raised their price target on GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $450.00 price target on shares of GE Aerospace in a research note on Monday, July 27th. Finally, JPMorgan Chase & Co. boosted their price objective 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 research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $390.59.

Check Out Our Latest Stock Analysis on GE

More GE Aerospace News

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

  • Positive Sentiment: GE expects the acquisition to be accretive to adjusted earnings per share and free cash flow in the first year, while maintaining its existing capital-allocation plans. GE will fund approximately $7 billion with cash and the remainder with new debt. GE Aerospace CPP acquisition announcement
  • Positive Sentiment: CPP produces highly engineered castings and sub-assemblies used in commercial and military aircraft, helicopters and industrial gas turbines. Its more than 20 facilities and approximately 6,600 employees would give GE greater control over capacity for engine blades, vanes and other mission-critical components. Reuters CPP acquisition article
  • Positive Sentiment: Vertical integration could reduce supply-chain constraints, improve manufacturing quality and accelerate new engine technologies. It also strengthens GE’s ability to serve its large installed engine base and capitalize on long-term commercial and defense backlogs.
  • Positive Sentiment: A separate financing agreement with Avianca will support CFM56 engine maintenance, repair and overhaul services at GE Aerospace’s Celma facility in Brazil, reinforcing demand for GE’s aftermarket business. Avianca GE Aerospace MRO financing article
  • Neutral Sentiment: The transaction is expected to close in the second half of 2027 and remains subject to regulatory approvals and customary conditions. GE has been a CPP customer for more than 15 years, which may support integration, but the deal’s benefits are not immediate.
  • Negative Sentiment: The purchase price values CPP at roughly 18 times expected 2027 EBITDA including synergies, raising concerns that GE is paying a premium. The deal will also add debt and carries execution and integration risks; some analysts argue its strategic benefits may outweigh near-term EPS accretion rather than represent a low-risk financial transaction. Seeking Alpha GE Aerospace acquisition analysis

Insiders Place Their Bets

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.19% of the company’s stock.

GE Aerospace Company Profile

(Free Report)

GE Aerospace (NYSE:GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.

The company’s products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.

GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.

See Also

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

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