Frank Rimerman Advisors LLC Grows Position in GE Aerospace $GE

Frank Rimerman Advisors LLC increased its stake in shares of GE Aerospace (NYSE:GE) by 21.6% in the first quarter, Holdings Channel.com reports. The fund owned 18,861 shares of the company’s stock after purchasing an additional 3,350 shares during the period. Frank Rimerman Advisors LLC’s holdings in GE Aerospace were worth $5,352,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. High Falls Advisors Inc increased its holdings in GE Aerospace by 3.0% in the 4th quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock valued at $329,000 after acquiring an additional 31 shares during the last quarter. Wolff Wiese Magana LLC boosted its holdings in shares of GE Aerospace by 1.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares during the last quarter. Montz Harcus Wealth Management LLC boosted its holdings in shares of GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares during the last quarter. Darwin Wealth Management LLC grew its position in shares of GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after purchasing an additional 33 shares in the last quarter. Finally, LRI Investments LLC grew its position in shares of GE Aerospace by 1.4% during the fourth quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after purchasing an additional 33 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. 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 report on Thursday, May 14th. Royal Bank Of Canada restated an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a report on Wednesday, May 20th. UBS Group decreased their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. President Capital lowered their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Finally, Daiwa Securities Group started coverage on GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $357.56.

GE Aerospace Trading Down 2.9%

Shares of GE opened at $356.30 on Thursday. GE Aerospace has a twelve month low of $246.75 and a twelve month high of $382.97. The company has a market cap of $371.74 billion, a P/E ratio of 43.88, a P/E/G ratio of 3.25 and a beta of 1.35. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company’s fifty day simple moving average is $327.82 and its 200-day simple moving average is $316.58.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping 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 analysts’ expectations of $11.61 billion. During the same period in the previous year, the company earned $1.49 EPS. The firm’s revenue for the quarter 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. As a group, analysts expect that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is presently 23.15%.

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.