Signet Private Wealth LLC Acquires Shares of 1,404 GE Aerospace $GE

Signet Private Wealth LLC bought a new position in shares of GE Aerospace (NYSE:GE) during the first quarter, according to the company in its most recent disclosure with the SEC. The firm bought 1,404 shares of the company’s stock, valued at approximately $398,000.

A number of other large investors also recently bought and sold shares of GE. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace during the 4th quarter valued at approximately $25,000. Ankerstar Wealth LLC acquired a new position in GE Aerospace in the fourth quarter worth $31,000. Tucker Asset Management LLC bought a new stake in GE Aerospace during the fourth quarter valued at $32,000. Lifetime Wealth Management P.C. bought a new stake in GE Aerospace during the fourth quarter valued at $40,000. Finally, Beaird Harris Wealth Management LLC raised its holdings in shares of GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after purchasing an additional 59 shares during the period. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

GE Aerospace stock traded down $12.73 during mid-day trading on Tuesday, hitting $365.95. 1,080,686 shares of the company’s stock traded hands, compared to its average volume of 5,686,160. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a one year low of $243.34 and a one year high of $382.97. The firm has a 50 day moving average price of $322.83 and a 200 day moving average price of $315.11. The company has a market cap of $381.81 billion, a PE ratio of 45.03, a price-to-earnings-growth ratio of 3.35 and a beta of 1.35.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the firm posted $1.49 EPS. GE Aerospace’s revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently announced 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. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio is 23.15%.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on GE. Citigroup restated a “buy” rating and issued a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Royal Bank Of Canada reiterated an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a research note on Wednesday, May 20th. Morgan Stanley cut their target price on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, UBS Group decreased their target price on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $357.56.

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.