State of Michigan Retirement System Sells 2,200 Shares of GE Aerospace $GE

State of Michigan Retirement System lowered its position in GE Aerospace (NYSE:GE) by 0.8% during the first quarter, according to its most recent filing with the SEC. The firm owned 273,961 shares of the company’s stock after selling 2,200 shares during the period. State of Michigan Retirement System’s holdings in GE Aerospace were worth $77,742,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Blueline Advisors LLC bought a new position in GE Aerospace during the fourth quarter worth $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace during the fourth quarter valued at $31,000. Tucker Asset Management LLC bought a new stake in GE Aerospace during the fourth quarter valued at $32,000. Lifetime Wealth Management P.C. acquired a new stake in GE Aerospace during the 4th quarter worth about $40,000. Finally, Legacy Bridge LLC grew its holdings in GE Aerospace by 3,375.0% during the 4th quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after acquiring an additional 135 shares during the period. 74.77% of the stock is owned by institutional investors.

GE Aerospace Stock Down 1.6%

GE stock opened at $353.48 on Tuesday. The stock’s 50 day simple moving average is $332.00 and its 200 day simple moving average is $317.52. GE Aerospace has a fifty-two week low of $254.66 and a fifty-two week high of $382.97. 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 cap of $368.80 billion, a P/E ratio of 43.53, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates 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 return on equity of 37.99% and a net margin of 17.86%.The company’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is currently 23.15%.

Key GE Aerospace News

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

• Positive Sentiment: GE Aerospace is expected to post another solid second quarter, with analysts pointing to strong commercial aviation demand and a resilient defense business. The company’s consensus Q2 estimate is $1.86 per share on $11.9 billion in revenue, which would reinforce the recent operational strength. Article Title
• Positive Sentiment: News that HAL received a seventh GE engine for Tejas Mk-1A fighter jets supports the investment case for GE Aerospace’s defense and international engine business, highlighting continued production activity and customer demand. Article Title
• Positive Sentiment: Multiple reports note that GE Aerospace remains one of the market’s standout industrial names, with shares up strongly over the past year and orders nearly doubling last quarter. That strength keeps sentiment constructive heading into earnings. Article Title
• Neutral Sentiment: Several previews focus on benchmark comparisons, analyst estimates, and peer performance, but do not introduce a new catalyst. These pieces mainly reinforce that investors are waiting for the earnings release and updated guidance. Article Title
• Neutral Sentiment: Analysts’ price target chatter around GE Aerospace largely reflects existing optimism rather than a fresh fundamental update, so it is unlikely to move the stock on its own. Article Title
• Negative Sentiment: Some market coverage says GE Aerospace’s valuation is already elevated, which could limit further upside even if earnings are strong. Investors appear wary that high expectations may leave little room for disappointment. Article Title

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on GE shares. Wells Fargo & Company started coverage on GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price objective on the stock. BNP Paribas Exane decreased their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. TD Cowen reiterated a “buy” rating and issued a $380.00 target price (up from $330.00) on shares of GE Aerospace in a report on Monday. Jefferies Financial Group boosted their price target on GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Finally, Susquehanna restated a “positive” rating and set a $430.00 price target (up from $380.00) on shares of GE Aerospace in a report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $363.11.

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.