Gladstone Institutional Advisory LLC Buys 4,436 Shares of GE Aerospace $GE

Gladstone Institutional Advisory LLC grew its position in GE Aerospace (NYSE:GE) by 23.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 23,625 shares of the company’s stock after acquiring an additional 4,436 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in GE Aerospace were worth $7,107,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Ameriflex Group Inc. increased its stake in GE Aerospace by 23.5% in the 2nd quarter. Ameriflex Group Inc. now owns 1,742 shares of the company’s stock worth $437,000 after buying an additional 331 shares during the period. Diversified Trust Co increased its stake in shares of GE Aerospace by 21.3% during the third quarter. Diversified Trust Co now owns 32,021 shares of the company’s stock valued at $9,633,000 after buying an additional 5,625 shares during the period. Cadinha & Co. LLC raised its holdings in shares of GE Aerospace by 154.8% in the third quarter. Cadinha & Co. LLC now owns 97,280 shares of the company’s stock valued at $29,264,000 after acquiring an additional 59,106 shares in the last quarter. Police & Firemen s Retirement System of New Jersey raised its holdings in shares of GE Aerospace by 1.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 159,682 shares of the company’s stock valued at $41,101,000 after acquiring an additional 2,779 shares in the last quarter. Finally, Czech National Bank lifted its stake in GE Aerospace by 3.3% in the third quarter. Czech National Bank now owns 269,330 shares of the company’s stock worth $81,020,000 after acquiring an additional 8,668 shares during the period. 74.77% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Russell Stokes sold 8,000 shares of GE Aerospace stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the completion of the transaction, the senior vice president directly owned 150,434 shares in the company, valued at approximately $44,785,706.14. This trade represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by company insiders.

GE Aerospace Price Performance

Shares of NYSE GE opened at $324.07 on Tuesday. GE Aerospace has a 52 week low of $159.36 and a 52 week high of $329.43. The business’s 50 day moving average price is $302.40 and its 200 day moving average price is $285.96. The company has a quick ratio of 0.76, a current ratio of 1.08 and a debt-to-equity ratio of 0.99. The firm has a market cap of $341.84 billion, a P/E ratio of 43.27, a P/E/G ratio of 2.19 and a beta of 1.40.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.20. GE Aerospace had a net margin of 18.34% and a return on equity of 34.01%. The firm had revenue of $11.31 billion for the quarter, compared to analyst estimates of $10.29 billion. During the same quarter in the prior year, the business earned $1.15 earnings per share. The business’s quarterly revenue was up 26.4% compared to the same quarter last year. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. On average, sell-side analysts expect that GE Aerospace will post 5.4 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Monday, December 29th will be paid a $0.36 dividend. The ex-dividend date is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.4%. GE Aerospace’s dividend payout ratio is presently 19.23%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GE. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Friday, September 26th. BNP Paribas Exane started coverage on GE Aerospace in a research report on Tuesday, November 18th. They set an “underperform” rating on the stock. Sanford C. Bernstein reissued an “outperform” rating on shares of GE Aerospace in a research report on Monday, October 27th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Saturday. Finally, UBS Group set a $366.00 price objective on shares of GE Aerospace and gave the company a “buy” rating in a research report on Wednesday, October 22nd. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $309.94.

GE Aerospace Company 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.