GE Aerospace $GE Shares Sold by Marks Group Wealth Management Inc

Marks Group Wealth Management Inc cut its holdings in GE Aerospace (NYSE:GE) by 23.8% during the first quarter, Holdings Channel reports. The institutional investor owned 35,106 shares of the company’s stock after selling 10,963 shares during the quarter. GE Aerospace comprises 1.0% of Marks Group Wealth Management Inc’s investment portfolio, making the stock its 19th biggest holding. Marks Group Wealth Management Inc’s holdings in GE Aerospace were worth $9,962,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the business. Auto Owners Insurance Co lifted its holdings in GE Aerospace by 52,247.5% in 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 acquiring an additional 65,595,733 shares during the period. Norges Bank acquired a new position in shares of GE Aerospace during the 4th quarter worth $4,444,736,000. Corient Private Wealth LLC grew its stake in shares of GE Aerospace by 382.1% during the 4th quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock worth $849,325,000 after purchasing an additional 2,185,321 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of GE Aerospace by 1,200.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock valued at $568,935,000 after purchasing an additional 1,705,005 shares in the last quarter. Finally, Diamant Asset Management Inc. increased its holdings in shares of GE Aerospace by 28,277.0% in the 1st quarter. Diamant Asset Management Inc. now owns 1,083,434 shares of the company’s stock valued at $307,446,000 after purchasing an additional 1,079,616 shares in the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

More GE Aerospace News

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

• Positive Sentiment: RBC Capital Markets said GE Aerospace could raise 2026 adjusted EBIT guidance by about $500 million, citing strong commercial services demand and capacity constraints, which supports the stock ahead of earnings. GE Aerospace Could Raise 2026 Guidance by $500 Million, RBC Says Ahead of Earnings
• Positive Sentiment: Analysts and market commentary remain constructive heading into tomorrow’s earnings release, with reports saying GE Aerospace could deliver strong Q2 results, helping reinforce bullish sentiment. What To Expect From GE Aerospace’s (GE) Q2 Earnings
• Positive Sentiment: GE Aerospace announced work tied to the UK’s AW149 helicopter engines, including selecting StandardAero to build and maintain them, highlighting continued defense and aftermarket opportunities. GE Aerospace Picks StandardAero To Build, Maintain UK’s AW149 Engines
• Neutral Sentiment: Options traders are pricing in a sizeable post-earnings move, showing elevated expectations and potentially more volatility after results. Options Traders Brace for GE Earnings – Here’s the Expected Stock Range
• Neutral Sentiment: Broader market coverage notes GE Aerospace earnings are due and that the stock has already had a strong run this year, which means investors are watching closely for confirmation. Dow Jones Futures: Apple, Google Mask Dell, Sandisk, Micron Sell-Off; J.B. Hunt Jumps Late
• Negative Sentiment: Some reports warn that GE Aerospace faces a high bar into earnings and that its valuation could limit further upside if results or guidance fail to exceed expectations. GE Aerospace faces high bar heading into earnings: BNP Paribas

Wall Street Analyst Weigh In

GE has been the topic of a number of research analyst reports. Jefferies Financial Group boosted their price objective on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a report on Thursday, July 2nd. Seaport Research Partners assumed coverage on shares of GE Aerospace in a report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 target price for the company. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research report on Tuesday. Citigroup reissued a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. Finally, Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $365.61.

GE Aerospace Price Performance

Shares of NYSE GE opened at $360.09 on Thursday. The stock has a market cap of $375.69 billion, a price-to-earnings ratio of 44.35, a PEG ratio of 3.13 and a beta of 1.35. GE Aerospace has a 52 week low of $254.66 and a 52 week high of $382.97. The company’s 50-day moving average price is $334.41 and its 200 day moving average price is $318.09. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analysts’ expectations of $11.61 billion. During the same quarter in the previous year, the business posted $1.49 earnings per share. The firm’s quarterly 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, research analysts forecast that GE Aerospace will post 7.49 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently disclosed 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. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s payout ratio is currently 23.15%.

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.