8,497 Shares in GE Aerospace $GE Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC purchased a new stake in GE Aerospace (NYSE:GE) during the 3rd quarter, Holdings Channel.com reports. The fund purchased 8,497 shares of the company’s stock, valued at approximately $2,681,000.

Several other hedge funds have also recently bought and sold shares of the business. GK Wealth Management LLC purchased a new stake in GE Aerospace during the third quarter worth approximately $25,000. Paladin Partners LLC purchased a new position in GE Aerospace in the second quarter valued at about $38,000. Lifetime Wealth Management P.C. acquired a new stake in GE Aerospace in the fourth quarter valued at approximately $40,000. Parvin Asset Management LLC acquired a new position in GE Aerospace in the 2nd quarter worth $41,000. Finally, Bayban purchased a new position in GE Aerospace in the 4th quarter valued at about $44,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

GE stock traded down $1.00 during trading on Wednesday, hitting $306.63. 3,301,924 shares of the company’s stock traded hands, compared to its average volume of 5,085,481. The stock has a market capitalization of $318.15 billion, a price-to-earnings ratio of 36.12, a price-to-earnings-growth ratio of 2.25 and a beta of 1.38. GE Aerospace has a 52 week low of $268.91 and a 52 week high of $388.84. The stock has a fifty day moving average price of $333.64 and a two-hundred day moving average price of $327.96. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.

GE Aerospace (NYSE:GE) last posted its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $11.87 billion. During the same period last year, the firm posted $1.66 EPS. The company’s revenue for the quarter was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, equities analysts anticipate that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 5th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio is 22.14%.

Key GE Aerospace News

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

• Positive Sentiment: GE Aerospace is participating in discussions with the U.S. transportation secretary and Boeing on aircraft-certification reforms. Streamlined certification could help reduce delays and support aircraft production, although the outcome remains uncertain. US Transportation Secretary meeting with Boeing, GE CEOs on aircraft certification reform efforts
• Positive Sentiment: GE secured up to £33 million in government funding, alongside approximately £27 million from the company, to expand its Prestwick, Scotland, engine-maintenance facility. The project is expected to preserve 850 jobs and add 150, strengthening GE’s aftermarket-services footprint. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
• Positive Sentiment: GE plans to increase India sourcing to roughly $400 million by 2030. Management also expects GE- and CFM-partner engines to power most new aircraft entering India, highlighting long-term regional demand and supply-chain growth. GE Aerospace to boost India supply chain spending
• Positive Sentiment: Susquehanna maintained a Buy rating with a $430 price target, signaling continued confidence in GE’s earnings and aerospace-cycle prospects. Susquehanna keeps Buy rating for GE Aerospace
• Neutral Sentiment: GE is scheduled to report third-quarter results before the market opens on October 20. Investors will focus on order momentum, supply-chain execution and whether the company can support its 2026 EPS guidance of $7.65-$7.85. GE Aerospace earnings are imminent
• Negative Sentiment: Deutsche Bank reduced its GE Aerospace price target to $377 from $450. Although the revised target remains above recent trading levels, the cut may weigh on sentiment and suggests more limited upside expectations. Deutsche Bank adjusts price target on GE Aerospace
• Negative Sentiment: Investors are evaluating whether GE’s planned $11.75 billion acquisition of Consolidated Precision Products can justify the company’s premium valuation. The deal could strengthen supply-chain control, but its size increases execution and integration risk. GE Aerospace and the $11.75 billion foundry deal

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on GE shares. The Goldman Sachs Group restated a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. TD Cowen restated a “buy” rating and issued a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. 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. Royal Bank Of Canada reissued an “outperform” rating and set a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. Finally, Citigroup reissued a “buy” rating and issued a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus target price of $386.67.

Insider Activity

In related news, SVP Mohamed Ali sold 8,096 shares of the business’s 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 completion of the transaction, the senior vice president owned 20,666 shares in the company, valued at $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Company insiders own 0.19% of the company’s stock.

About GE Aerospace

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.