GE Aerospace $GE Shares Purchased by First Interstate Bank

First Interstate Bank lifted its holdings in GE Aerospace (NYSE:GEFree Report) by 337.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 3,565 shares of the company’s stock after purchasing an additional 2,750 shares during the quarter. First Interstate Bank’s holdings in GE Aerospace were worth $1,072,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Bare Financial Services Inc lifted its holdings in GE Aerospace by 81.1% in the second quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock worth $25,000 after purchasing an additional 43 shares during the period. Marquette Asset Management LLC bought a new stake in shares of GE Aerospace during the 3rd quarter worth about $26,000. Lavaca Capital LLC lifted its stake in shares of GE Aerospace by 1,666.7% in the 2nd quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock worth $27,000 after acquiring an additional 100 shares during the period. Barnes Dennig Private Wealth Management LLC boosted its holdings in shares of GE Aerospace by 147.2% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after acquiring an additional 53 shares in the last quarter. Finally, IMG Wealth Management Inc. increased its stake in shares of GE Aerospace by 113.5% during the second quarter. IMG Wealth Management Inc. now owns 111 shares of the company’s stock valued at $29,000 after acquiring an additional 59 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace News Roundup

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

  • Positive Sentiment: Zacks expects double‑digit Q4 revenue growth driven by strong engine demand, services strength and defense momentum — a setup for a potential earnings beat. Zacks Q4 preview
  • Positive Sentiment: Coverage of GE’s engine overhaul business and the Delta GEnx deal highlights stronger aftermarket and services revenue potential — bullish for long‑term margins and recurring cash flow. Yahoo article on overhaul/Delta deal
  • Positive Sentiment: Jim Cramer publicly flagged GE Aerospace as a favorite ahead of earnings, calling the upcoming print likely “spectacular” given backlog — positive media attention that can support buyer interest. Cramer on GE
  • Positive Sentiment: Articles highlighting multi‑year shareholder returns underscore the stock’s strong performance over the last five years, which attracts momentum investors. Benzinga 5‑year performance
  • Neutral Sentiment: Roundups of recent research reports provide varied analyst views but no consensus catalyst beyond expectations for a strong quarter. Research reports roundup
  • Neutral Sentiment: Q4 preview pieces outline what to watch in the print (revenue, services, margin trends) but mainly reiterate upside drivers rather than new information. MSN earnings preview
  • Neutral Sentiment: GE Foundation extended a partnership with the University of Cincinnati to support engineering talent — a positive long‑term talent pipeline story but unlikely to move near‑term results. BizJournal on UC partnership
  • Negative Sentiment: Several analysts and previews highlight elevated expectations heading into the report; that raises risk of a pullback if results or guidance disappoint. Combined with a high P/E and recent run, some investors are taking profits. TipRanks pre‑earnings note

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on GE shares. JPMorgan Chase & Co. increased their price target on GE Aerospace from $275.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $350.00 target price on shares of GE Aerospace in a research note on Wednesday, October 8th. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. Royal Bank Of Canada upped their price target on shares of GE Aerospace from $300.00 to $340.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $380.00 price objective on shares of GE Aerospace in a research note on Thursday, January 15th. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $314.00.

View Our Latest Stock Analysis on GE

Insider Activity

In related news, SVP Russell Stokes sold 8,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the completion of the sale, the senior vice president owned 150,434 shares in the company, valued at approximately $44,785,706.14. This represents a 5.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is owned by corporate insiders.

GE Aerospace Trading Down 4.0%

Shares of NYSE GE opened at $311.98 on Wednesday. The company has a quick ratio of 0.76, a current ratio of 1.08 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12 month low of $159.36 and a 12 month high of $332.79. The company has a market cap of $329.08 billion, a price-to-earnings ratio of 41.65, a P/E/G ratio of 2.22 and a beta of 1.40. The business has a fifty day simple moving average of $305.28 and a 200-day simple moving average of $291.62.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.20. The firm had revenue of $11.31 billion for the quarter, compared to analysts’ expectations of $10.29 billion. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.GE Aerospace’s revenue was up 26.4% on a year-over-year basis. During the same quarter last year, the business posted $1.15 EPS. Sell-side analysts predict that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Monday, December 29th will be given a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, December 29th. GE Aerospace’s dividend payout ratio (DPR) is 19.23%.

GE Aerospace 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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