GE Aerospace $GE Shares Sold by Hilltop Holdings Inc.

Hilltop Holdings Inc. cut its holdings in shares of GE Aerospace (NYSE:GEFree Report) by 61.1% during the first quarter, HoldingsChannel.com reports. The fund owned 3,540 shares of the company’s stock after selling 5,549 shares during the quarter. Hilltop Holdings Inc.’s holdings in GE Aerospace were worth $1,005,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of GE. Blueline Advisors LLC acquired a new stake in GE Aerospace during the 4th quarter worth $25,000. Ankerstar Wealth LLC acquired a new position in GE Aerospace in the fourth quarter valued at $31,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at about $32,000. Lifetime Wealth Management P.C. purchased a new stake in shares of GE Aerospace in the fourth quarter valued at about $40,000. Finally, Legacy Bridge LLC boosted its stake in shares of GE Aerospace by 3,375.0% during the fourth quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after buying an additional 135 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on GE shares. BNP Paribas Exane lowered their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Morgan Stanley reduced their price objective on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $390.00 price objective on shares of GE Aerospace in a research report on Monday, July 20th. The Goldman Sachs Group reiterated a “buy” rating and issued a $410.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. Finally, JPMorgan Chase & Co. boosted their target price on GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Sixteen research 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. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $386.88.

View Our Latest Stock Report on GE Aerospace

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GE Aerospace Price Performance

Shares of GE opened at $353.71 on Monday. GE Aerospace has a twelve month low of $261.71 and a twelve month high of $382.97. The stock’s 50 day moving average is $341.50 and its two-hundred day moving average is $319.64. The firm has a market capitalization of $367.00 billion, a PE ratio of 41.66, a P/E/G ratio of 2.70 and a beta of 1.35. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The firm’s quarterly revenue was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Research analysts anticipate 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, July 27th. Shareholders of record on Monday, July 6th will be given 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 dividend payout ratio is presently 22.14%.

GE Aerospace Company Profile

(Free Report)

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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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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