GE Aerospace $GE Stock Bought by Fulcrum Wealth Advisors LLC

Fulcrum Wealth Advisors LLC grew its holdings in GE Aerospace (NYSE:GE) by 18.1% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,929 shares of the company’s stock after acquiring an additional 1,677 shares during the quarter. GE Aerospace accounts for 2.3% of Fulcrum Wealth Advisors LLC’s portfolio, making the stock its 13th largest holding. Fulcrum Wealth Advisors LLC’s holdings in GE Aerospace were worth $3,413,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Susquehanna Fundamental Investments LLC grew its position in GE Aerospace by 261.0% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 213,603 shares of the company’s stock worth $79,830,000 after purchasing an additional 154,429 shares during the last quarter. Clough Capital Partners L P increased its holdings in shares of GE Aerospace by 37.1% during the 1st 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 period. HWG Holdings LP increased its holdings in shares of GE Aerospace by 54.7% during the 3rd 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 during the period. Ascentis Independent Advisors increased its holdings in shares of GE Aerospace by 207.3% during the 1st 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 during the period. Finally, GoalVest Advisory LLC increased its holdings in shares of GE Aerospace by 330.1% during the 3rd 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 during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on GE shares. UBS Group upped their price objective on shares of GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Wells Fargo & Company decreased their target price on GE Aerospace from $390.00 to $380.00 and set an “overweight” rating on the stock in a research report on Wednesday, September 30th. TD Cowen reissued a “buy” rating and set a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Jefferies Financial Group set a $435.00 price target on GE Aerospace and gave the company a “buy” rating in a research note on Wednesday, September 23rd. Finally, Citigroup reaffirmed a “buy” rating and issued a $431.00 price target (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $386.67.

More GE Aerospace News

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

• Positive Sentiment: Turkish Airlines and CFM International signed a memorandum covering more than 600 LEAP-1B engines, including 300 engines for up to 150 Boeing 737 MAX aircraft, long-term services and material support for a future maintenance facility. The agreement reinforces GE’s long-term engine and aftermarket opportunity. Turkish Airlines and CFM sign MOU for more than 600 LEAP-1B engines
• Positive Sentiment: Bernstein reiterated a Buy rating and its $421 price target, citing resilient aftermarket demand and continued LEAP engine growth. GE Aerospace analyst rating and price target
• Positive Sentiment: Analysts expect third-quarter results to reflect solid commercial and defense demand, with growth potentially supported by GE’s large installed engine base and service revenue. How to Approach GE Aerospace Stock Ahead of Its Q3 Earnings Release?
• Positive Sentiment: GE awarded a $16 million defense-related fighter-jet generator repair order to its Vandalia, Ohio, operation, providing a modest boost to defense backlog and facility utilization.
• Neutral Sentiment: Morgan Stanley said aerospace and defense demand remains intact despite softer investor sentiment across the sector, suggesting fundamentals are holding up even as market enthusiasm cools. Aerospace, Defense Stocks’ Demand Intact Despite Softer Sentiment
• Neutral Sentiment: GE’s foundation plans to invest $1 million in Dallas-Fort Worth aviation workforce training, while the company is also pursuing international sourcing and facility investments. These initiatives may support long-term capacity but have limited near-term earnings impact.
• Negative Sentiment: The options market is positioned for GE shares to decline following the earnings release, signaling caution ahead of a potentially volatile report. Ahead of GE Aerospace Earnings, Here’s What Barchart Data Says Comes Next for GE Stock
• Negative Sentiment: Although growth expectations are favorable, GE trades at a premium valuation and faces rising costs. Any earnings miss, cautious guidance or margin pressure could prompt profit-taking.

Insider Activity

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

GE Aerospace Stock Up 0.6%

Shares of GE stock opened at $313.79 on Friday. The stock has a market cap of $325.58 billion, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 2.29 and a beta of 1.38. GE Aerospace has a one year low of $268.91 and a one year high of $388.84. The stock has a fifty day moving average price of $329.77 and a 200 day moving average price of $328.21. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

GE Aerospace (NYSE:GE) last posted its quarterly 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. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter in the previous year, the company earned $1.66 earnings per share. The business’s revenue was up 21.1% compared to the same quarter last year. Analysts predict that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

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

About GE Aerospace

GE Aerospace (NYSE: GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its products support commercial air transport, business and general aviation, military aircraft, and other defense applications. The company also provides engine components, avionics, mechanical systems, digital solutions and maintenance, repair and overhaul services.

GE Aerospace serves airlines, aircraft operators, leasing companies, airframers and government customers worldwide.