Kestra Advisory Services LLC boosted its stake in GE Aerospace (NYSE:GE – Free Report) by 19.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 98,273 shares of the company’s stock after purchasing an additional 16,336 shares during the period. Kestra Advisory Services LLC’s holdings in GE Aerospace were worth $27,887,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Allworth Financial LP boosted its holdings in shares of GE Aerospace by 7.6% in the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after buying an additional 5,434 shares during the last quarter. Dara Capital US Inc. bought a new stake in GE Aerospace during the fourth quarter valued at approximately $2,527,000. NewEdge Wealth LLC increased its holdings in GE Aerospace by 92.2% during the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after buying an additional 9,663 shares during the last quarter. CenterBook Partners LP increased its holdings in GE Aerospace by 892.6% during the fourth quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock valued at $15,336,000 after buying an additional 44,772 shares during the last quarter. Finally, Temasek Holdings Private Ltd raised its position in GE Aerospace by 19.1% in the third quarter. Temasek Holdings Private Ltd now owns 450,383 shares of the company’s stock worth $135,484,000 after acquiring an additional 72,257 shares during the period. Institutional investors own 74.77% of the company’s stock.
GE Aerospace News Summary
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: Investors are positioning for a strong July 16 earnings report, with expectations for revenue and EPS growth and the possibility of another beat. Top Wall Street Forecasters Revamp GE Aerospace Expectations Ahead Of Q2 Earnings
- Positive Sentiment: Analysts and commentators say GE’s defense and propulsion unit is benefiting from strong orders, major contracts, and rising military demand. Will Strength in Defense & Propulsion Unit Continue to Drive GE’s Momentum?
- Positive Sentiment: GE Aerospace is being described as a high-quality industrial name with a strong installed base and consistent service revenue, supporting investor confidence. GE Aerospace (GE) Rallied Amid Investors’ Confidence
- Neutral Sentiment: Some investors are warning that the stock’s sharp run means valuation matters, and much of the optimism may already be priced in. GE Aerospace: Great Company, But Price Matters
- Neutral Sentiment: Broader coverage has kept GE Aerospace in the spotlight, with traders focused on whether earnings can extend the stock’s current momentum. GE Aerospace Is a No-Brainer Buy Before July 16 Earnings. Here’s Why
Analyst Ratings Changes
Read Our Latest Research Report on GE
GE Aerospace Price Performance
Shares of NYSE GE traded up $0.29 during midday trading on Friday, reaching $359.33. The stock had a trading volume of 2,334,269 shares, compared to its average volume of 4,698,848. The stock has a 50-day moving average of $330.74 and a 200-day moving average of $317.23. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The company has a market capitalization of $374.90 billion, a price-to-earnings ratio of 44.25, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35. GE Aerospace has a 12-month low of $251.40 and a 12-month high of $382.97.
GE Aerospace (NYSE:GE – Get Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, research analysts anticipate that GE Aerospace will post 7.48 EPS for the current fiscal year.
GE Aerospace Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio is 23.15%.
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.
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