Fifth Third Bancorp trimmed its stake in GE Aerospace (NYSE:GE – Free Report) by 2.6% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 592,177 shares of the company’s stock after selling 15,982 shares during the period. Fifth Third Bancorp owned about 0.06% of GE Aerospace worth $184,931,000 as of its most recent filing with the SEC.
A number of other institutional investors and hedge funds have also made changes to their positions in the stock. GK Wealth Management LLC purchased a new stake in GE Aerospace in the third quarter valued at approximately $25,000. Clark Wealth Partners boosted its position in shares of GE Aerospace by 70.1% during the third quarter. Clark Wealth Partners now owns 114 shares of the company’s stock worth $36,000 after buying an additional 47 shares during the period. Paladin Partners LLC purchased a new position in shares of GE Aerospace during the second quarter worth $38,000. Parvin Asset Management LLC purchased a new position in shares of GE Aerospace during the second quarter worth $41,000. Finally, Markowski Investments acquired a new stake in shares of GE Aerospace in the second quarter valued at $46,000. 74.77% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms recently issued reports on GE. The Goldman Sachs Group reiterated a “buy” rating and issued a $410.00 price objective on shares of GE Aerospace in a report on Monday, July 20th. Vertical Research restated a “buy” rating and set a $400.00 target price on shares of GE Aerospace in a report on Tuesday, October 20th. Guggenheim set a $380.00 target price on GE Aerospace in a research report on Wednesday, October 21st. Susquehanna dropped their target price on GE Aerospace from $430.00 to $400.00 and set a “positive” rating for the company in a research report on Wednesday, October 21st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, October 15th. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $373.45.
Read Our Latest Stock Analysis on GE Aerospace
GE Aerospace Stock Up 1.3%
Shares of NYSE:GE opened at $342.28 on Thursday. GE Aerospace has a fifty-two week low of $268.91 and a fifty-two week high of $388.84. The firm’s 50 day moving average price is $314.82 and its 200 day moving average price is $323.67. The company has a quick ratio of 0.68, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The stock has a market cap of $353.69 billion, a price-to-earnings ratio of 39.48, a price-to-earnings-growth ratio of 2.30 and a beta of 1.43.
GE Aerospace (NYSE:GE – Get Free Report) last posted its quarterly earnings results on Tuesday, October 20th. The company reported $2.25 EPS for the quarter, topping the consensus estimate of $2.01 by $0.24. GE Aerospace had a net margin of 17.31% and a return on equity of 44.43%. The company had revenue of $13.29 billion during the quarter, compared to analysts’ expectations of $12.88 billion. During the same quarter in the previous year, the business posted $1.66 EPS. The firm’s revenue was up 24.7% on a year-over-year basis. As a group, equities research analysts predict that GE Aerospace will post 8.16 earnings per share for the current fiscal year.
GE Aerospace Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Monday, October 5th were given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, October 5th. GE Aerospace’s payout ratio is 21.68%.
Key Headlines Impacting GE Aerospace
Investors following GE have been watching these headlines:
- Positive Sentiment: GE Aerospace’s Defense & Propulsion segment is benefiting from robust demand, rising orders and key defense contracts, supporting a low-double-digit growth outlook for 2026. GE Gains From Strength in Defense & Propulsion: Will the Momentum Last?
- Neutral Sentiment: Recent Zacks articles note elevated investor attention but offer no new company-specific catalyst in the summaries provided. GE Aerospace Is Attracting Investor Attention
- Neutral Sentiment: GE Aerospace donated more than $1 million to veteran and military charities in the U.S. and U.K.; this is positive for its community profile but is unlikely to materially affect the shares. GE Aerospace Donates More Than $1M to Veteran and Military Charities
Insider Activity at GE Aerospace
In related news, VP Robert Giglietti sold 14,796 shares of the business’s stock in a transaction on Wednesday, November 4th. The shares were sold at an average price of $332.54, for a total transaction of $4,920,261.84. Following the completion of the transaction, the vice president owned 20,201 shares in the company, valued at approximately $6,717,640.54. The trade was a 42.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.19% of the company’s stock.
GE Aerospace Company Profile
GE Aerospace (NYSE: GE) designs, manufactures and services engines and related systems for commercial and military aircraft. Its offerings include aircraft engines, components, avionics and other integrated systems, along with maintenance, repair and overhaul services and digital solutions that support aircraft operations. The company serves airlines, aircraft manufacturers, governments and defense organizations around the world. Its business combines original equipment production with long-term aftermarket support, including parts and technical services for engines already in operation.
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