GE Aerospace $GE Shares Sold by New York State Teachers Retirement System

New York State Teachers Retirement System lessened its stake in GE Aerospace (NYSE:GEFree Report) by 3.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 830,038 shares of the company’s stock after selling 28,105 shares during the quarter. New York State Teachers Retirement System’s holdings in GE Aerospace were worth $235,540,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also made changes to their positions in the company. High Falls Advisors Inc raised its holdings in GE Aerospace by 3.0% in the fourth quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock valued at $329,000 after acquiring an additional 31 shares in the last quarter. Wolff Wiese Magana LLC lifted its stake in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after acquiring an additional 33 shares during the last quarter. Montz Harcus Wealth Management LLC grew its holdings in GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after acquiring an additional 33 shares in the last quarter. Darwin Wealth Management LLC grew its holdings in GE Aerospace by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after acquiring an additional 33 shares in the last quarter. Finally, LRI Investments LLC increased its position in shares of GE Aerospace by 1.4% in the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after purchasing an additional 33 shares during the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. Weiss Ratings lowered shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. TD Cowen dropped their target price on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a research note on Wednesday, May 20th. Finally, UBS Group decreased their price target on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $357.56.

View Our Latest Research Report on GE Aerospace

GE Aerospace News Roundup

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

  • Positive Sentiment: Jefferies raised its price target on GE Aerospace to $455 from $365 and kept a buy rating, reinforcing confidence in further upside for the stock. Jefferies price-target hike coverage
  • Positive Sentiment: Citi also increased its price target to $431 from $353, citing continued strength in the company’s rebound and improving outlook. Citi target increase article
  • Positive Sentiment: Multiple articles highlight GE Aerospace’s strong engine demand and its position as a cash-flow-rich aerospace leader with a wide moat, which supports investor optimism. Earnings preview article
  • Positive Sentiment: GE Aerospace completed a ground test of a megawatt-class hybrid-electric engine system, signaling continued progress in next-generation aerospace technology. Hybrid-electric engine test article
  • Neutral Sentiment: The company is continuing to invest in Southwest Ohio as an aerospace innovation hub, a reminder that GE Aerospace is backing long-term engineering and manufacturing capabilities. Southwest Ohio innovation hub article
  • Neutral Sentiment: GE is also being watched ahead of its July 16 earnings release, with investors focused on whether the company can extend its recent streak of earnings beats and strong guidance. Earnings expectations article
  • Negative Sentiment: GE’s valuation is already rich after a large run-up, so some of the recent enthusiasm may already be reflected in the share price. Valuation and run-up article

GE Aerospace Price Performance

Shares of NYSE:GE opened at $377.14 on Friday. GE Aerospace has a 12 month low of $243.34 and a 12 month high of $382.97. The firm has a market capitalization of $393.49 billion, a P/E ratio of 46.45, a P/E/G ratio of 3.32 and a beta of 1.35. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The company’s fifty day moving average price is $320.81 and its 200 day moving average price is $314.58.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the company posted $1.49 earnings per share. The firm’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. As a group, sell-side analysts predict that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 6th. GE Aerospace’s payout ratio is presently 23.15%.

GE Aerospace Company Profile

(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.

See Also

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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