Gunderson Capital Management LLC Buys 24,960 Shares of GE Aerospace $GE

Gunderson Capital Management LLC raised its stake in shares of GE Aerospace (NYSE:GE) by 95.1% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,203 shares of the company’s stock after buying an additional 24,960 shares during the period. GE Aerospace comprises about 4.3% of Gunderson Capital Management LLC’s investment portfolio, making the stock its 6th biggest holding. Gunderson Capital Management LLC’s holdings in GE Aerospace were worth $15,990,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Auto Owners Insurance Co grew its stake in shares of GE Aerospace by 52,247.5% in the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after buying an additional 65,595,733 shares in the last quarter. State Street Corp raised its position in GE Aerospace by 2.6% during the second quarter. State Street Corp now owns 46,497,628 shares of the company’s stock valued at $17,377,559,000 after acquiring an additional 1,160,584 shares in the last quarter. Jennison Associates LLC raised its position in GE Aerospace by 37.7% during the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after acquiring an additional 3,017,937 shares in the last quarter. Invesco Ltd. raised its position in GE Aerospace by 2.1% during the fourth quarter. Invesco Ltd. now owns 9,280,276 shares of the company’s stock valued at $2,858,604,000 after acquiring an additional 189,979 shares in the last quarter. Finally, Bank of America Corp DE lifted its stake in GE Aerospace by 10.0% in the first quarter. Bank of America Corp DE now owns 7,664,679 shares of the company’s stock valued at $2,175,006,000 after acquiring an additional 695,731 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Insider Buying and Selling at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the sale, the senior vice president owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on GE shares. Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Citigroup reissued 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. TD Cowen restated a “buy” rating and set a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. UBS Group upped their price target on GE Aerospace from $426.00 to $435.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Finally, Susquehanna reissued a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Sixteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $386.67.

Key Stories Impacting GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: Analysts and market commentators expect GE Aerospace to deliver solid third-quarter results, supporting renewed interest in the stock ahead of earnings. Investors are focused on revenue, profitability, orders and other operating metrics that could reinforce the company’s growth outlook. Why It’s Time To Load Up on GE Aerospace Stock GE Q3 Earnings on the Horizon
• Positive Sentiment: GE’s expansion plans are receiving government support. The company is investing roughly £27 million alongside up to £33 million in U.K. public funding to expand its Prestwick facility, protect about 850 jobs and create 150 more. The site supports engines used on Boeing 787 aircraft, strengthening GE’s long-term aftermarket business. GE Aerospace to invest in Prestwick expansion
• Positive Sentiment: GE Aerospace also plans to commit $400 million to sourcing and manufacturing activity in India, while a separate foundation initiative will invest $1 million in workforce training in the Dallas-Fort Worth area. These projects support capacity, talent development and regional government relationships. GE Aerospace commits $400 million to India sourcing
• Neutral Sentiment: Analyst coverage remains broadly constructive, with a reported average price target of $386.67 and Susquehanna maintaining a Buy rating with a $430 target. However, GE is also one of the market’s most-watched stocks, which may increase short-term volatility around earnings. GE Aerospace average target price
• Neutral Sentiment: GE’s chief executive is participating in discussions with U.S. officials on aircraft-certification reform. Faster certification could benefit aerospace manufacturers over time, but the immediate financial impact is unclear. Aircraft certification reform discussions
• Negative Sentiment: Deutsche Bank cut its GE Aerospace price target to $377 from $450, signaling reduced upside expectations even though the stock remains above that revised target. GE’s planned $11.75 billion acquisition of Consolidated Precision Products also raises execution and valuation risks, particularly with the stock trading at a premium earnings multiple. Deutsche Bank adjusts GE Aerospace price target

GE Aerospace Stock Performance

Shares of NYSE:GE traded up $2.67 on Thursday, hitting $309.69. 1,237,532 shares of the company were exchanged, compared to its average volume of 5,065,393. The company’s 50 day moving average price is $332.15 and its two-hundred day moving average price is $328.11. The firm has a market capitalization of $321.32 billion, a price-to-earnings ratio of 36.49, a PEG ratio of 2.25 and a beta of 1.38. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. GE Aerospace has a one year low of $268.91 and a one year high of $388.84.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%. The firm had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. During the same period in the previous year, the company posted $1.66 earnings per share. The company’s quarterly revenue was up 21.1% compared to the same quarter last year. Research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The company 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 is Monday, October 5th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is currently 22.14%.

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.