J. Derek Lewis & Associates Inc. Buys Shares of 1,410 GE Aerospace $GE

J. Derek Lewis & Associates Inc. purchased a new position in shares of GE Aerospace (NYSE:GE) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,410 shares of the company’s stock, valued at approximately $400,000.

Several other institutional investors have also recently made changes to their positions in the company. Blueline Advisors LLC acquired a new position in shares of GE Aerospace in the 4th quarter valued at $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace during the 4th quarter worth about $31,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace in the 4th quarter valued at about $32,000. Lifetime Wealth Management P.C. purchased a new stake in GE Aerospace in the 4th quarter valued at about $40,000. Finally, Beaird Harris Wealth Management LLC lifted its position in GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after buying an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Up 1.3%

NYSE:GE opened at $355.21 on Friday. The stock has a fifty day moving average price of $346.68 and a 200 day moving average price of $320.66. 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 has a 12-month low of $261.71 and a 12-month high of $382.97. The firm has a market cap of $368.56 billion, a PE ratio of 41.84, a price-to-earnings-growth ratio of 2.56 and a beta of 1.35.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same quarter last year, the business posted $1.66 EPS. The business’s quarterly revenue was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Sell-side analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were paid a $0.47 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s payout ratio is currently 22.14%.

Analysts Set New Price Targets

GE has been the subject of a number of recent analyst reports. President Capital dropped their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Wells Fargo & Company reissued an “overweight” rating and issued a $390.00 target price on shares of GE Aerospace in a research report on Monday, July 20th. Royal Bank Of Canada restated an “outperform” rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. BNP Paribas Exane decreased their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $390.59.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the transaction, the senior vice president owned 20,666 shares in the company, valued at $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is owned by corporate insiders.

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.