GE Aerospace (GE) to Distribute Quarterly Dividend of $0.47 on October 26th

GE Aerospace (NYSE:GE) announced a quarterly dividend on Monday, September 21st. Investors of record on Monday, October 5th will be paid a dividend of 0.47 per share on Monday, October 26th. This represents a c) annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, October 5th.

GE Aerospace has raised its dividend payment by an average of 0.4%per year over the last three years and has increased its dividend annually for the last 2 consecutive years. GE Aerospace has a payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Analysts expect GE Aerospace to earn $9.04 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 20.8%.

GE Aerospace Stock Performance

NYSE:GE opened at $319.96 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. The stock has a market capitalization of $331.98 billion, a PE ratio of 37.69, a P/E/G ratio of 2.33 and a beta of 1.35. GE Aerospace has a fifty-two week low of $268.91 and a fifty-two week high of $388.84. The company has a fifty day moving average of $346.32 and a two-hundred day moving average of $327.30.

GE Aerospace (NYSE:GE) last released its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The business had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same quarter in the previous year, the company earned $1.66 earnings per share. The company’s quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts forecast that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

Insider Activity at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction dated 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 sale, the senior vice president directly owned 20,666 shares in the company, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.19% of the stock is currently owned by corporate insiders.

Institutional Trading of GE Aerospace

Hedge funds and other institutional investors have recently made changes to their positions in the company. Blueline Advisors LLC bought a new stake in GE Aerospace during the 4th quarter valued at $25,000. Paladin Partners LLC acquired a new position in shares of GE Aerospace during the second quarter valued at $38,000. Lifetime Wealth Management P.C. acquired a new position in shares of GE Aerospace during the fourth quarter valued at $40,000. Parvin Asset Management LLC bought a new stake in shares of GE Aerospace during the second quarter valued at about $41,000. Finally, Bayban acquired a new stake in GE Aerospace in the fourth quarter worth about $44,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

About GE Aerospace

GE Aerospace (NYSE:GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.

The company’s products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.

GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.