Sei Investments Co. increased its stake in GE Aerospace (NYSE:GE – Free Report) by 36.0% during the 1st quarter, HoldingsChannel reports. The firm owned 1,349,422 shares of the company’s stock after acquiring an additional 357,331 shares during the period. Sei Investments Co.’s holdings in GE Aerospace were worth $382,931,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Blueline Advisors LLC acquired a new position in shares of GE Aerospace during the fourth quarter valued at $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the 4th quarter worth about $31,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the 4th quarter worth about $32,000. Lifetime Wealth Management P.C. acquired a new stake in shares of GE Aerospace in the 4th quarter worth about $40,000. Finally, Beaird Harris Wealth Management LLC lifted its position in GE Aerospace by 72.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.
Wall Street Analyst Weigh In
A number of research analysts have issued reports on GE shares. Seaport Research Partners started coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They set a “buy” rating and a $375.00 target price for the company. Morgan Stanley dropped their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. 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 report on Wednesday, July 15th. JPMorgan Chase & Co. boosted their price objective on GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, President Capital decreased their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $385.94.
Key Headlines Impacting GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace announced new engine and services wins, including AerCap selecting GEnx engines for 15 additional Boeing 787 Dreamliners and National Airlines placing a new engine order, both of which point to continued commercial aviation demand and future long-term service revenue. GE Aerospace Stock Rises As Hybrid-Electric Flight Reaches New Heights
- Positive Sentiment: The company highlighted LEAP engine orders and aftermarket deals at Farnborough, underscoring strong global demand for its commercial engine installed base and recurring maintenance revenue. GE Aerospace highlights LEAP engine orders, aftermarket deals at Farnborough
- Positive Sentiment: GE Aerospace and Magellan Aerospace signed an MOU to establish Canadian MRO capabilities for the F414 engine, which could expand GE’s defense sustainment footprint if Canada moves forward with the Saab Gripen E fighter purchase. GE Aerospace and Magellan Aerospace Sign Memorandum of Understanding for F414 Sustainment
- Positive Sentiment: JPMorgan raised its price target on GE Aerospace to $400, signaling continued Wall Street confidence in the company’s earnings power and backlog. JPMorgan Chase & Co. Raises GE Aerospace (NYSE:GE) Price Target to $400.00
- Neutral Sentiment: Commentary on GE Aerospace’s strong year-to-date performance noted that the stock’s valuation is already rich, so some investors may be waiting for a better entry point despite the company’s solid operating momentum. GE Aerospace Rises 29.5% in a Year: Should You Buy the Stock Now or Wait?
GE Aerospace Price Performance
Shares of NYSE GE opened at $341.25 on Thursday. The stock has a market cap of $354.07 billion, a P/E ratio of 40.19, a P/E/G ratio of 2.61 and a beta of 1.35. The firm’s 50-day simple moving average is $338.91 and its 200 day simple moving average is $319.23. GE Aerospace has a fifty-two week low of $259.95 and a fifty-two week high of $382.97. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.
GE Aerospace (NYSE:GE – Get Free Report) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. The firm 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 was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities analysts expect that GE Aerospace will post 7.9 EPS for the current year.
GE Aerospace Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid a $0.47 dividend. 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, July 6th. GE Aerospace’s dividend payout ratio is currently 22.14%.
GE Aerospace Profile
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.
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