GE Aerospace $GE Shares Sold by Forum Financial Management LP

Forum Financial Management LP trimmed its holdings in GE Aerospace (NYSE:GE) by 43.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,294 shares of the company’s stock after selling 4,848 shares during the quarter. Forum Financial Management LP’s holdings in GE Aerospace were worth $1,786,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in GE. Blueline Advisors LLC bought a new position in shares of GE Aerospace in the fourth quarter worth $25,000. Ankerstar Wealth LLC acquired a new position in shares of GE Aerospace during the fourth quarter valued at $31,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace during the fourth quarter valued at about $32,000. Lifetime Wealth Management P.C. acquired a new stake in GE Aerospace in the fourth quarter worth about $40,000. Finally, Beaird Harris Wealth Management LLC grew its position in GE Aerospace by 72.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after buying an additional 59 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Stock Performance

NYSE:GE opened at $372.42 on Tuesday. GE Aerospace has a twelve month low of $243.34 and a twelve month high of $379.67. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average of $316.24 and a 200-day moving average of $312.80. The firm has a market cap of $388.56 billion, a price-to-earnings ratio of 45.86, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping 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 for the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the previous year, the company posted $1.49 EPS. The business’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. Analysts forecast that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio is currently 23.15%.

Wall Street Analyst Weigh In

GE has been the topic of a number of research analyst reports. UBS Group lowered their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. TD Cowen cut their target price on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Sanford C. Bernstein increased their price target on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Wells Fargo & Company started coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. Finally, Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

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.