Vivid Wealth Management LLC Lowers Position in GE Aerospace $GE

Vivid Wealth Management LLC trimmed its holdings in shares of GE Aerospace (NYSE:GE) by 17.2% during the 1st quarter, Holdings Channel reports. The fund owned 8,714 shares of the company’s stock after selling 1,812 shares during the period. Vivid Wealth Management LLC’s holdings in GE Aerospace were worth $2,473,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several analysts have issued reports on GE shares. Citigroup reaffirmed a “buy” rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. President Capital decreased their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. Finally, Jefferies Financial Group raised their price objective on GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a research report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $357.56.

GE Aerospace Trading Down 0.1%

NYSE GE opened at $377.14 on Friday. GE Aerospace has a 52 week low of $243.34 and a 52 week high of $382.97. The company has a 50 day moving average price of $322.83 and a 200 day moving average price of $315.01. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The firm has a market cap of $393.49 billion, a PE ratio of 46.45, a price-to-earnings-growth ratio of 3.35 and a beta of 1.35.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating 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 company had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period last year, the firm earned $1.49 earnings per share. GE Aerospace’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 forecast that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Announces Dividend

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

GE Aerospace Company 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.