Smartleaf Asset Management LLC Buys 3,961 Shares of GE Aerospace $GE

Smartleaf Asset Management LLC lifted its position in GE Aerospace (NYSE:GEFree Report) by 58.2% during the 3rd quarter, Holdings Channel reports. The firm owned 10,766 shares of the company’s stock after acquiring an additional 3,961 shares during the period. Smartleaf Asset Management LLC’s holdings in GE Aerospace were worth $3,161,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in GE. Diversified Trust Co lifted its stake in shares of GE Aerospace by 21.3% in the third quarter. Diversified Trust Co now owns 32,021 shares of the company’s stock worth $9,633,000 after buying an additional 5,625 shares in the last quarter. Cadinha & Co. LLC increased its position in shares of GE Aerospace by 154.8% during the third quarter. Cadinha & Co. LLC now owns 97,280 shares of the company’s stock valued at $29,264,000 after acquiring an additional 59,106 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in shares of GE Aerospace by 1.8% during the second quarter. Police & Firemen s Retirement System of New Jersey now owns 159,682 shares of the company’s stock valued at $41,101,000 after acquiring an additional 2,779 shares in the last quarter. Czech National Bank raised its holdings in GE Aerospace by 3.3% in the 3rd quarter. Czech National Bank now owns 269,330 shares of the company’s stock worth $81,020,000 after acquiring an additional 8,668 shares during the last quarter. Finally, Phoenix Financial Ltd. lifted its position in GE Aerospace by 34.3% in the 3rd quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock valued at $6,808,000 after acquiring an additional 5,775 shares in the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting GE Aerospace

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

GE Aerospace Stock Up 4.7%

GE Aerospace stock opened at $320.75 on Friday. GE Aerospace has a one year low of $159.36 and a one year high of $332.79. The stock has a fifty day moving average of $306.86 and a 200 day moving average of $295.59. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.04. The stock has a market cap of $336.41 billion, a PE ratio of 39.40, a price-to-earnings-growth ratio of 2.96 and a beta of 1.40.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The business had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.27 billion. During the same period last year, the firm posted $1.32 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. 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 5.4 EPS for the current year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, January 26th. Shareholders of record on Monday, December 29th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Monday, December 29th. GE Aerospace’s dividend payout ratio is currently 17.69%.

Insiders Place Their Bets

In other news, SVP Amy L. Gowder sold 4,000 shares of GE Aerospace stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $305.73, for a total transaction of $1,222,920.00. Following the transaction, the senior vice president owned 16,535 shares in the company, valued at $5,055,245.55. This trade represents a 19.48% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, SVP Russell Stokes sold 30,363 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the sale, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. The trade was a 16.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 45,398 shares of company stock worth $13,837,171. Company insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of GE Aerospace in a research report on Monday, October 27th. Citigroup reiterated a “buy” rating and issued a $380.00 price objective (up from $378.00) on shares of GE Aerospace in a report on Friday, January 23rd. UBS Group set a $374.00 target price on shares of GE Aerospace and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Susquehanna reaffirmed a “positive” rating and set a $380.00 price target on shares of GE Aerospace in a report on Thursday, January 15th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and an average target price of $319.00.

Read Our Latest Stock Analysis on GE Aerospace

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.

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

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