GE Aerospace $GE Shares Bought by Swedbank AB

Swedbank AB boosted its stake in shares of GE Aerospace (NYSE:GE) by 53.4% during the 1st quarter, according to its most recent filing with the SEC. The firm owned 553,628 shares of the company’s stock after purchasing an additional 192,613 shares during the period. Swedbank AB owned approximately 0.05% of GE Aerospace worth $157,103,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Blueline Advisors LLC purchased a new stake in GE Aerospace in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace during the 4th quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the 4th quarter valued at approximately $32,000. Lifetime Wealth Management P.C. purchased a new position in shares of GE Aerospace during the 4th quarter valued at approximately $40,000. Finally, Legacy Bridge LLC lifted its stake in shares of GE Aerospace by 3,375.0% in the 4th quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock valued at $43,000 after purchasing an additional 135 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GE has been the topic of a number of recent analyst reports. Royal Bank Of Canada reissued an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a report on Wednesday, May 20th. Morgan Stanley cut their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. UBS Group decreased their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. TD Cowen lowered their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Finally, Seaport Research Partners started coverage on GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $357.56.

GE Aerospace Price Performance

Shares of GE Aerospace stock traded down $12.73 during mid-day trading on Tuesday, reaching $365.95. 1,080,686 shares of the stock traded hands, compared to its average volume of 5,686,160. The business has a 50-day moving average of $322.83 and a 200 day moving average of $315.11. GE Aerospace has a fifty-two week low of $243.34 and a fifty-two week high of $382.97. The stock has a market capitalization of $381.81 billion, a PE ratio of 45.03, a PEG ratio of 3.35 and a beta of 1.35. 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 (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts predict 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 issued a $0.47 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.88 dividend on an annualized basis 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.