Vanguard Personalized Indexing Management LLC boosted its holdings in shares of GE Aerospace (NYSE:GE – Free Report) by 3.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 140,685 shares of the company’s stock after buying an additional 4,753 shares during the period. GE Aerospace makes up about 0.4% of Vanguard Personalized Indexing Management LLC’s portfolio, making the stock its 26th largest position. Vanguard Personalized Indexing Management LLC’s holdings in GE Aerospace were worth $42,446,000 at the end of the most recent quarter.
A number of other hedge funds have also recently made changes to their positions in GE. Jacobsen Capital Management lifted its position in GE Aerospace by 1.4% in the 3rd quarter. Jacobsen Capital Management now owns 2,295 shares of the company’s stock valued at $690,000 after acquiring an additional 32 shares in the last quarter. Harfst & Associates Inc. raised its stake in shares of GE Aerospace by 0.4% in the third quarter. Harfst & Associates Inc. now owns 7,444 shares of the company’s stock worth $2,239,000 after purchasing an additional 33 shares during the last quarter. RMG Wealth Management LLC lifted its holdings in shares of GE Aerospace by 8.3% in the third quarter. RMG Wealth Management LLC now owns 442 shares of the company’s stock valued at $132,000 after purchasing an additional 34 shares in the last quarter. Grove Bank & Trust boosted its position in shares of GE Aerospace by 1.0% during the third quarter. Grove Bank & Trust now owns 3,537 shares of the company’s stock valued at $1,064,000 after buying an additional 35 shares during the last quarter. Finally, JDM Financial Group LLC grew its holdings in GE Aerospace by 12.9% during the third quarter. JDM Financial Group LLC now owns 306 shares of the company’s stock worth $92,000 after buying an additional 35 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities research analysts recently commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday. Deutsche Bank Aktiengesellschaft upped their target price on shares of GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday. Citigroup reiterated a “buy” rating and issued a $380.00 target price (up previously from $378.00) on shares of GE Aerospace in a report on Friday. Royal Bank Of Canada boosted their target price on GE Aerospace from $300.00 to $340.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Finally, Susquehanna restated a “positive” rating and set a $380.00 price target on shares of GE Aerospace in a research note on Thursday, January 15th. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $318.41.
Insider Buying and Selling
In other news, SVP Russell Stokes sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the transaction, the senior vice president owned 150,434 shares in the company, valued at approximately $44,785,706.14. This represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.21% of the company’s stock.
GE Aerospace Price Performance
Shares of GE Aerospace stock opened at $293.89 on Monday. The business’s 50 day simple moving average is $305.09 and its two-hundred day simple moving average is $292.76. GE Aerospace has a one year low of $159.36 and a one year high of $332.79. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The stock has a market capitalization of $310.00 billion, a P/E ratio of 36.10, a price-to-earnings-growth ratio of 1.94 and a beta of 1.40.
GE Aerospace (NYSE:GE – Get Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The firm had revenue of $12.72 billion for the quarter, compared to analyst estimates of $11.27 billion. During the same period last year, the company earned $1.32 EPS. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts forecast that GE Aerospace will post 5.4 EPS for the current year.
GE Aerospace Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 29th will be paid a $0.36 dividend. The ex-dividend date is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s payout ratio is presently 17.69%.
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.
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