CX Institutional lifted its stake in shares of GE Aerospace (NYSE:GE – Free Report) by 264.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 41,798 shares of the company’s stock after purchasing an additional 30,315 shares during the quarter. CX Institutional’s holdings in GE Aerospace were worth $13,053,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Burkett Financial Services LLC raised its stake in GE Aerospace by 28.9% during the 2nd quarter. Burkett Financial Services LLC now owns 125 shares of the company’s stock worth $47,000 after buying an additional 28 shares during the period. BOK Financial Private Wealth Inc. increased its holdings in shares of GE Aerospace by 3.2% during the second quarter. BOK Financial Private Wealth Inc. now owns 960 shares of the company’s stock valued at $359,000 after acquiring an additional 30 shares in the last quarter. Gradient Investments LLC raised its position in shares of GE Aerospace by 4.4% during the second quarter. Gradient Investments LLC now owns 765 shares of the company’s stock worth $286,000 after purchasing an additional 32 shares during the period. Kinloch Capital LLC raised its position in shares of GE Aerospace by 3.1% during the second quarter. Kinloch Capital LLC now owns 1,079 shares of the company’s stock worth $403,000 after purchasing an additional 32 shares during the period. Finally, Saxon Interests Inc. lifted its holdings in shares of GE Aerospace by 2.5% in the 4th quarter. Saxon Interests Inc. now owns 1,351 shares of the company’s stock worth $416,000 after purchasing an additional 33 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.
GE Aerospace Stock Performance
GE Aerospace stock traded down $2.90 during mid-day trading on Friday, reaching $309.49. 4,162,144 shares of the company’s stock were exchanged, compared to its average volume of 5,129,061. The business’s fifty day simple moving average is $342.34 and its 200 day simple moving average is $327.29. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a one year low of $268.91 and a one year high of $388.84. The firm has a market capitalization of $321.11 billion, a PE ratio of 36.45, a P/E/G ratio of 2.28 and a beta of 1.38.
GE Aerospace Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Monday, October 5th will be given a $0.47 dividend. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.88 annualized dividend and a yield of 0.6%. GE Aerospace’s payout ratio is currently 22.14%.
Key GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace declared a quarterly dividend of $0.47 per share, reinforcing shareholder returns and signaling confidence in cash generation. GE Aerospace declares quarterly dividend
- Positive Sentiment: The company is committing the first funding from a $30 million workforce-development program, including nearly $1 million for Southwest Ohio organizations. The effort could help expand its skilled labor pipeline and support future production capacity. GE Aerospace workforce development investment
- Positive Sentiment: GE Aerospace added aftermarket support relationships with FL Technics Indonesia for Boeing 737 and Airbus A320 avionics and with Aero Norway for LEAP engine-module work. These agreements expand its global maintenance, repair and overhaul ecosystem, although near-term financial benefits were not disclosed. FL Technics Indonesia partnership Aero Norway LEAP agreement
- Neutral Sentiment: GE Aerospace is reportedly spending $11.75 billion to address engine-production bottlenecks. The investment may improve long-term delivery capacity, but it also highlights execution demands and substantial capital requirements. GE Aerospace engine bottleneck investment
- Negative Sentiment: Wells Fargo cut its price target to $380 while maintaining a Buy rating, and separate coverage characterized its outlook as pessimistic. The target reduction likely pressured GE, particularly because the stock trades at roughly 36 times earnings—well above the broader market—leaving less room for execution disappointments. Wells Fargo lowers GE Aerospace target GE Aerospace analyst downgrade
Insider Buying and Selling
In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the transaction, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. The trade was a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 0.19% of the company’s stock.
Analyst Upgrades and Downgrades
A number of brokerages have commented on GE. Citigroup restated a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 price objective on shares of GE Aerospace in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $450.00 target price on shares of GE Aerospace in a report on Monday, July 27th. JPMorgan Chase & Co. raised their price target on shares of GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Finally, Jefferies Financial Group set a $435.00 price target on GE Aerospace and gave the company a “buy” rating in a research note on Wednesday, September 23rd. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, GE Aerospace has an average rating of “Moderate Buy” and an average target price of $386.67.
Read Our Latest Stock Analysis on GE Aerospace
GE Aerospace Profile
GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.
The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.
GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.
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