SouthState Bank Corp Sells 8,002 Shares of GE Aerospace $GE

SouthState Bank Corp trimmed its holdings in GE Aerospace (NYSE:GE) by 48.3% in the first quarter, HoldingsChannel reports. The fund owned 8,569 shares of the company’s stock after selling 8,002 shares during the period. SouthState Bank Corp’s holdings in GE Aerospace were worth $2,432,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its stake in shares of GE Aerospace by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after acquiring an additional 699,364 shares during the last quarter. Auto Owners Insurance Co grew its position in GE Aerospace by 52,247.5% during the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock worth $2,024,413,000 after acquiring an additional 65,595,733 shares during the last quarter. State Street Corp grew its position in GE Aerospace by 1.5% during the 4th quarter. State Street Corp now owns 45,240,802 shares of the company’s stock worth $13,951,570,000 after acquiring an additional 663,160 shares during the last quarter. Geode Capital Management LLC increased its stake in GE Aerospace by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock worth $7,615,200,000 after purchasing an additional 312,880 shares during the period. Finally, Norges Bank purchased a new position in GE Aerospace in the 4th quarter worth approximately $4,444,736,000. 74.77% of the stock is owned by institutional investors.

GE Aerospace Trading Up 1.8%

GE opened at $360.09 on Thursday. GE Aerospace has a one year low of $254.66 and a one year high of $382.97. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The business has a 50 day simple moving average of $334.41 and a two-hundred day simple moving average of $318.09. The firm has a market capitalization of $375.69 billion, a price-to-earnings ratio of 44.35, a PEG ratio of 3.13 and a beta of 1.35.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the company earned $1.49 EPS. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts predict that GE Aerospace will post 7.49 EPS for the current year.

GE Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be issued a $0.47 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s payout ratio is 23.15%.

Analyst Ratings Changes

Several analysts have weighed in on the company. Seaport Research Partners assumed coverage on GE Aerospace in a research report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company. Jefferies Financial Group lifted their target price on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research note on Thursday, July 2nd. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Finally, President Capital cut their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $365.61.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: RBC Capital Markets said GE Aerospace could raise 2026 adjusted EBIT guidance by about $500 million, citing strong commercial services demand and capacity constraints, which supports the stock ahead of earnings. GE Aerospace Could Raise 2026 Guidance by $500 Million, RBC Says Ahead of Earnings
• Positive Sentiment: Analysts and market commentary remain constructive heading into tomorrow’s earnings release, with reports saying GE Aerospace could deliver strong Q2 results, helping reinforce bullish sentiment. What To Expect From GE Aerospace’s (GE) Q2 Earnings
• Positive Sentiment: GE Aerospace announced work tied to the UK’s AW149 helicopter engines, including selecting StandardAero to build and maintain them, highlighting continued defense and aftermarket opportunities. GE Aerospace Picks StandardAero To Build, Maintain UK’s AW149 Engines
• Neutral Sentiment: Options traders are pricing in a sizeable post-earnings move, showing elevated expectations and potentially more volatility after results. Options Traders Brace for GE Earnings – Here’s the Expected Stock Range
• Neutral Sentiment: Broader market coverage notes GE Aerospace earnings are due and that the stock has already had a strong run this year, which means investors are watching closely for confirmation. Dow Jones Futures: Apple, Google Mask Dell, Sandisk, Micron Sell-Off; J.B. Hunt Jumps Late
• Negative Sentiment: Some reports warn that GE Aerospace faces a high bar into earnings and that its valuation could limit further upside if results or guidance fail to exceed expectations. GE Aerospace faces high bar heading into earnings: BNP Paribas

About GE Aerospace

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.