Front Street Capital Management Inc. Makes New Investment in GE Aerospace $GE

Front Street Capital Management Inc. acquired a new stake in GE Aerospace (NYSE:GE) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 188,533 shares of the company’s stock, valued at approximately $70,460,000. GE Aerospace comprises approximately 8.0% of Front Street Capital Management Inc.’s investment portfolio, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of GE. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC bought a new stake in shares of GE Aerospace during the 4th quarter worth approximately $31,000. Paladin Partners LLC acquired a new stake in GE Aerospace in the second quarter valued at about $38,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the fourth quarter valued at approximately $32,000. Finally, Burkett Financial Services LLC boosted its stake in shares of GE Aerospace by 28.9% during the second quarter. Burkett Financial Services LLC now owns 125 shares of the company’s stock valued at $47,000 after purchasing an additional 28 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

Insiders Place Their Bets

In other news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the transaction, the senior vice president directly owned 20,666 shares of the company’s stock, valued at $7,309,770.86. This represents a 28.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is currently owned by insiders.

GE Aerospace Trading Down 1.9%

Shares of GE Aerospace stock opened at $341.92 on Tuesday. The firm has a market cap of $354.76 billion, a PE ratio of 40.27, a P/E/G ratio of 2.54 and a beta of 1.36. GE Aerospace has a 1 year low of $266.56 and a 1 year high of $388.84. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The stock has a fifty day moving average price of $361.09 and a 200-day moving average price of $327.19.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. The company had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm’s quarterly revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities research analysts anticipate that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, July 6th. GE Aerospace’s payout ratio is presently 22.14%.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on GE. Sanford C. Bernstein set a $421.00 price objective on shares of GE Aerospace and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Susquehanna reissued a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Weiss Ratings raised shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Wells Fargo & Company reiterated an “overweight” rating and issued a $390.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. Finally, 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. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $390.59.

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.