Korea Investment CORP Has $267.86 Million Stake in GE Aerospace $GE

Korea Investment CORP lowered its stake in shares of GE Aerospace (NYSE:GE) by 18.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 716,707 shares of the company’s stock after selling 158,293 shares during the quarter. Korea Investment CORP owned about 0.07% of GE Aerospace worth $267,855,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in GE. Brighton Jones LLC lifted its position in shares of GE Aerospace by 25.3% during the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares during the period. Revolve Wealth Partners LLC increased its holdings in GE Aerospace by 7.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock valued at $375,000 after buying an additional 150 shares during the period. Sivia Capital Partners LLC raised its position in shares of GE Aerospace by 4.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after buying an additional 191 shares in the last quarter. Main Street Financial Solutions LLC raised its position in shares of GE Aerospace by 348.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock valued at $1,518,000 after buying an additional 4,584 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its stake in GE Aerospace by 4.2% during the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after purchasing an additional 366 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently commented on GE shares. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $450.00 target price on shares of GE Aerospace in a report on Monday, July 27th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a research note on Monday, July 20th. Weiss Ratings raised shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. JPMorgan Chase & Co. increased their price objective on GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Finally, Sanford C. Bernstein set a $421.00 target price on GE Aerospace and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Sixteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $390.59.

GE Aerospace Stock Up 1.2%

Shares of NYSE GE opened at $348.85 on Friday. The company’s 50 day moving average price is $361.10 and its 200-day moving average price is $326.84. 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 52-week low of $266.37 and a 52-week high of $388.84. The company has a market capitalization of $361.95 billion, a P/E ratio of 41.09, a price-to-earnings-growth ratio of 2.52 and a beta of 1.36.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same period in the prior year, the company posted $1.66 earnings per share. GE Aerospace’s revenue for the quarter was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities analysts forecast that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were issued a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is presently 22.14%.

Insider Buying and Selling at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the transaction, the senior vice president directly 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.19% of the company’s stock.

About GE Aerospace

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.