2,851 GE Aerospace $GE Shares Sold by Lincoln Capital Corp

Lincoln Capital Corp trimmed its holdings in shares of GE Aerospace (NYSE:GE) by 20.1% in the third quarter, Holdings Channel reports. The institutional investor owned 11,305 shares of the company’s stock after selling 2,851 shares during the period. GE Aerospace makes up 1.2% of Lincoln Capital Corp’s holdings, making the stock its 26th biggest holding. Lincoln Capital Corp’s holdings in GE Aerospace were worth $3,530,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Susquehanna Fundamental Investments LLC boosted its stake in GE Aerospace by 261.0% in the second quarter. Susquehanna Fundamental Investments LLC now owns 213,603 shares of the company’s stock valued at $79,830,000 after acquiring an additional 154,429 shares in the last quarter. Clough Capital Partners L P grew its holdings in shares of GE Aerospace by 37.1% during the first quarter. Clough Capital Partners L P now owns 70,535 shares of the company’s stock worth $20,016,000 after purchasing an additional 19,105 shares during the last quarter. HWG Holdings LP increased its position in shares of GE Aerospace by 54.7% during the third quarter. HWG Holdings LP now owns 15,640 shares of the company’s stock worth $4,884,000 after purchasing an additional 5,531 shares in the last quarter. Ascentis Independent Advisors increased its position in shares of GE Aerospace by 207.3% during the first quarter. Ascentis Independent Advisors now owns 4,317 shares of the company’s stock worth $1,225,000 after purchasing an additional 2,912 shares in the last quarter. Finally, GoalVest Advisory LLC increased its position in shares of GE Aerospace by 330.1% during the third quarter. GoalVest Advisory LLC now owns 30,858 shares of the company’s stock worth $9,637,000 after purchasing an additional 23,684 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Key GE Aerospace News

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

• Positive Sentiment: UK-backed Prestwick expansion: GE secured up to £33 million in government funding, alongside approximately £27 million from the company, to modernize its Prestwick maintenance facility. The project is expected to protect 850 jobs and create 150 more, strengthening GE’s long-term engine-maintenance footprint for Boeing 787 aircraft. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
• Positive Sentiment: India growth investment: GE plans to nearly double its India supply-chain spending to $400 million by 2030, increasing local sourcing as commercial aviation demand expands. Management also expects GE- and partner-built CFM engines to power the large majority of new aircraft entering India, supporting future volume and aftermarket opportunities. GE to Double India Sourcing to $400 Million by 2030
• Positive Sentiment: Defense opportunities: GE Aerospace, Shield AI and Poland’s WZL-2 signed a memorandum of understanding to explore F110 engine maintenance for autonomous fighter aircraft. The initiative could broaden GE’s defense and military maintenance pipeline, although it remains an early-stage opportunity. Shield AI and Poland’s WZL-2 Sign MOU
• Positive Sentiment: Analyst support: Susquehanna reportedly set a $430 price target, signaling substantial upside from recent trading levels and reinforcing the bullish view on GE’s aerospace earnings outlook. Susquehanna Sets $430 Target for GE Aerospace
• Neutral Sentiment: Earnings approaching: GE is scheduled to report third-quarter results before the market opens on October 20. Forecast revisions ahead of the report could increase volatility, with investors focused on execution, cash flow and full-year guidance. GE Aerospace Earnings Are Imminent
• Negative Sentiment: CPP acquisition valuation concerns: GE’s planned $11.75 billion purchase of Consolidated Precision Products should improve control over critical castings, but investors are assessing whether the large deal can justify GE’s elevated earnings multiple and avoid integration or execution pressure. GE Aerospace: Can an $11.75 Billion Foundry Deal Defend Its Premium?

GE Aerospace Stock Performance

GE stock traded down $0.52 during trading on Tuesday, hitting $308.12. The company had a trading volume of 4,516,473 shares, compared to its average volume of 5,094,584. GE Aerospace has a 1-year low of $268.91 and a 1-year high of $388.84. The firm has a 50-day moving average price of $335.02 and a 200-day moving average price of $327.88. 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 firm has a market cap of $319.69 billion, a PE ratio of 36.29, a price-to-earnings-growth ratio of 2.25 and a beta of 1.38.

GE Aerospace (NYSE:GE) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%. The company had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same period last year, the business posted $1.66 EPS. The company’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, analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 5th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, October 5th. GE Aerospace’s dividend payout ratio is 22.14%.

Analysts Set New Price Targets

GE has been the subject of a number of research analyst reports. Citigroup reissued a “buy” rating and issued a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. UBS Group boosted their price objective on GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research note on Wednesday, September 9th. Finally, Jefferies Financial Group set a $435.00 price objective on GE Aerospace and gave the company a “buy” rating in a report on Wednesday, September 23rd. Sixteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $386.67.

Insider Buying and Selling

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction 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 of the company’s stock, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.19% of the company’s stock.

GE Aerospace Profile

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.