Private Advisor Group LLC Sells 10,401 Shares of GE Aerospace $GE

Private Advisor Group LLC decreased its position in GE Aerospace (NYSE:GE) by 8.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 107,384 shares of the company’s stock after selling 10,401 shares during the period. Private Advisor Group LLC’s holdings in GE Aerospace were worth $30,472,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Optas LLC grew its holdings in GE Aerospace by 1.0% during the first quarter. Optas LLC now owns 9,062 shares of the company’s stock valued at $2,572,000 after purchasing an additional 92 shares during the period. Y Intercept Hong Kong Ltd raised its stake in shares of GE Aerospace by 709.4% in the first quarter. Y Intercept Hong Kong Ltd now owns 40,767 shares of the company’s stock valued at $11,568,000 after buying an additional 35,730 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its position in shares of GE Aerospace by 62.1% during the 1st quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 261,164 shares of the company’s stock valued at $74,111,000 after buying an additional 100,063 shares during the last quarter. Elevation Point Wealth Partners LLC lifted its position in shares of GE Aerospace by 33.4% during the 1st quarter. Elevation Point Wealth Partners LLC now owns 21,988 shares of the company’s stock valued at $6,249,000 after buying an additional 5,503 shares during the last quarter. Finally, Sharp Wealth Advisory LLC grew its stake in shares of GE Aerospace by 65.7% during the 1st quarter. Sharp Wealth Advisory LLC now owns 1,375 shares of the company’s stock worth $390,000 after acquiring an additional 545 shares during the period. 74.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently weighed in on GE. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Daiwa Securities Group began coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective on the stock. UBS Group cut their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Jefferies Financial Group lifted their target price on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, TD Cowen lowered their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $357.56.

GE Aerospace Price Performance

GE Aerospace stock opened at $377.14 on Friday. GE Aerospace has a one year low of $243.34 and a one year high of $382.97. The business has a fifty day moving average price of $322.83 and a 200-day moving average price of $315.01. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The firm has a market capitalization of $393.49 billion, a P/E ratio of 46.45, a PEG ratio of 3.35 and a beta of 1.35.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the business earned $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, equities research analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Announces Dividend

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

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.