Spectrum Financial Alliance Ltd LLC increased its position in shares of GE Aerospace (NYSE:GE – Free Report) by 6.2% during the 1st quarter, Holdings Channel reports. The institutional investor owned 132,388 shares of the company’s stock after purchasing an additional 7,724 shares during the quarter. GE Aerospace comprises about 7.2% of Spectrum Financial Alliance Ltd LLC’s holdings, making the stock its 8th largest position. Spectrum Financial Alliance Ltd LLC’s holdings in GE Aerospace were worth $37,568,000 at the end of the most recent reporting period.
Other large investors also recently bought and sold shares of the company. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace in the 4th quarter valued at about $31,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the fourth quarter valued at approximately $32,000. Lifetime Wealth Management P.C. acquired a new stake in shares of GE Aerospace in the 4th quarter valued at $40,000. Finally, Beaird Harris Wealth Management LLC raised its stake in GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.
Analyst Upgrades and Downgrades
GE has been the subject of several recent analyst reports. Citigroup restated a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. BNP Paribas Exane reduced their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a report on Wednesday, May 20th. Finally, Morgan Stanley decreased their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. One equities 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $360.33.
GE Aerospace Trading Up 0.1%
Shares of NYSE:GE traded up $0.29 during 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 company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market cap of $374.90 billion, a P/E ratio of 44.25, a PEG ratio of 3.18 and a beta of 1.35. The business has a fifty day moving average price of $330.74 and a 200-day moving average price of $317.23. GE Aerospace has a fifty-two week low of $251.40 and a fifty-two week 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 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. The firm had revenue of $11.61 billion during 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 period 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, analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.
GE Aerospace Dividend Announcement
The firm also recently declared 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. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is presently 23.15%.
Key Stories Impacting GE Aerospace
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
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.
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