Patriot Financial Group Insurance Agency LLC Buys 13,503 Shares of GE Aerospace $GE

Patriot Financial Group Insurance Agency LLC grew its stake in shares of GE Aerospace (NYSE:GE) by 96.2% during the first quarter, HoldingsChannel.com reports. The fund owned 27,546 shares of the company’s stock after buying an additional 13,503 shares during the quarter. Patriot Financial Group Insurance Agency LLC’s holdings in GE Aerospace were worth $7,817,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in GE Aerospace by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after purchasing an additional 699,364 shares during the period. Auto Owners Insurance Co grew its position in GE Aerospace by 52,247.5% in the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock worth $2,024,413,000 after purchasing an additional 65,595,733 shares during the period. State Street Corp grew its position in GE Aerospace by 1.5% in the 4th quarter. State Street Corp now owns 45,240,802 shares of the company’s stock worth $13,951,570,000 after purchasing an additional 663,160 shares during the period. Geode Capital Management LLC raised its stake in GE Aerospace by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock valued at $7,615,200,000 after buying an additional 312,880 shares during the last quarter. Finally, Capital World Investors raised its stake in GE Aerospace by 16.2% during the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after buying an additional 2,995,054 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Down 0.7%

Shares of GE stock opened at $368.66 on Friday. GE Aerospace has a 12 month low of $243.34 and a 12 month high of $379.67. The stock has a market cap of $384.64 billion, a P/E ratio of 45.40, a P/E/G ratio of 3.27 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a 50 day simple moving average of $314.76 and a two-hundred day simple moving average of $312.01.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter last year, the company posted $1.49 EPS. The company’s revenue was up 24.6% compared to the same quarter last year. 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 year.

GE Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be given a dividend of $0.47 per share. The ex-dividend date is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s payout ratio is 23.15%.

Key GE Aerospace News

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

• Positive Sentiment: Wall Street analysts continue to view GE Aerospace as a buy, which is reinforcing optimism around the stock even though broker ratings can be overly upbeat. Wall Street Analysts Think GE (GE) Is a Good Investment: Is It?
• Positive Sentiment: GE Aerospace declared a quarterly dividend of $0.47 per share, highlighting strong capital returns and ongoing financial strength. GE Aerospace Board of Directors Authorizes Quarterly Dividend
• Positive Sentiment: Analysts expect double-digit earnings growth when GE Aerospace reports second-quarter results next month, which is supporting bullish sentiment. Here’s What to Expect From GE Aerospace’s Next Earnings Report
• Neutral Sentiment: Several articles compared GE Aerospace’s performance with other aerospace stocks, but these were mostly relative-performance pieces rather than new company-specific catalysts. Is GE Aerospace (GE) Stock Outpacing Its Aerospace Peers This Year?
• Neutral Sentiment: GE Aerospace also drew attention for engine demand staying in the spotlight, which underscores a favorable industry backdrop but does not appear to add fresh hard news. GE Aerospace (NYSE:GE) Draws Eyes As Engine Demand Keeps the Spotlight
• Negative Sentiment: One report noted concerns that an advanced combat aircraft project is facing hurdles because of costly GE engines, which could point to pricing or program-related pressure in some defense applications. Advanced combat aircraft project faces hurdle over costly GE engines

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on GE shares. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. UBS Group cut their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Sanford C. Bernstein upped their price objective on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, BNP Paribas Exane dropped their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace 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.