Robert Giglietti Sells 3,035 Shares of GE Aerospace (NYSE:GE) Stock

GE Aerospace (NYSE:GEGet Free Report) VP Robert Giglietti sold 3,035 shares of GE Aerospace stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the transaction, the vice president owned 10,583 shares in the company, valued at approximately $3,233,212.33. This represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.

GE Aerospace Stock Performance

Shares of GE traded up $1.17 during mid-day trading on Tuesday, hitting $309.88. 4,585,430 shares of the company’s stock were exchanged, compared to its average volume of 6,219,075. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. GE Aerospace has a fifty-two week low of $159.36 and a fifty-two week high of $332.79. The business’s 50 day moving average is $305.67 and its two-hundred day moving average is $294.43. The firm has a market capitalization of $326.86 billion, a P/E ratio of 38.07, a P/E/G ratio of 2.83 and a beta of 1.40.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, beating the consensus estimate 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 $11.90 billion during the quarter, compared to the consensus estimate of $11.27 billion. During the same period in the prior year, the business earned $1.32 EPS. The firm’s 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. On average, equities analysts expect that GE Aerospace will post 5.4 earnings per share for the current year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, January 26th. Shareholders of record on Monday, December 29th were paid a $0.36 dividend. This represents a $1.44 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 29th. GE Aerospace’s payout ratio is currently 17.69%.

Trending Headlines about GE Aerospace

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

Analysts Set New Price Targets

GE has been the topic of a number of recent analyst reports. Susquehanna reiterated a “positive” rating and set a $380.00 price target on shares of GE Aerospace in a research note on Thursday, January 15th. Bank of America boosted their target price on GE Aerospace from $310.00 to $365.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Sanford C. Bernstein reissued an “outperform” rating on shares of GE Aerospace in a research note on Monday, October 27th. UBS Group set a $374.00 price target on GE Aerospace and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $319.00.

View Our Latest Stock Report on GE

Institutional Investors Weigh In On GE Aerospace

A number of institutional investors and hedge funds have recently modified their holdings of GE. Drucker Wealth 3.0 LLC increased its stake in GE Aerospace by 10.1% in the 4th quarter. Drucker Wealth 3.0 LLC now owns 1,529 shares of the company’s stock valued at $471,000 after purchasing an additional 140 shares in the last quarter. RB Capital Management LLC boosted its position in shares of GE Aerospace by 11.4% in the 4th quarter. RB Capital Management LLC now owns 5,824 shares of the company’s stock worth $1,794,000 after buying an additional 594 shares in the last quarter. Fiduciary Counselling Inc. acquired a new stake in GE Aerospace in the 4th quarter valued at about $286,000. Crossmark Global Holdings Inc. grew its stake in GE Aerospace by 27.2% in the 4th quarter. Crossmark Global Holdings Inc. now owns 48,969 shares of the company’s stock valued at $15,084,000 after acquiring an additional 10,467 shares during the last quarter. Finally, Ethic Inc. increased its holdings in GE Aerospace by 2.7% during the 4th quarter. Ethic Inc. now owns 55,738 shares of the company’s stock valued at $17,169,000 after acquiring an additional 1,440 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

About GE Aerospace

(Get Free Report)

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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