MRA Advisory Group Has $1.23 Million Stock Position in GE Aerospace $GE

MRA Advisory Group increased its holdings in shares of GE Aerospace (NYSE:GE) by 94.1% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 3,292 shares of the company’s stock after buying an additional 1,596 shares during the quarter. MRA Advisory Group’s holdings in GE Aerospace were worth $1,230,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the business. Blueline Advisors LLC acquired a new position in GE Aerospace during the fourth quarter worth about $25,000. Ankerstar Wealth LLC bought a new position in shares of GE Aerospace in the fourth quarter worth about $31,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the 4th quarter valued at approximately $32,000. Lifetime Wealth Management P.C. acquired a new stake in shares of GE Aerospace in the 4th quarter valued at approximately $40,000. Finally, Beaird Harris Wealth Management LLC grew its holdings in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the firm’s 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 owned 20,666 shares in the company, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 0.19% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the stock. Morgan Stanley lowered their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $450.00 target price on shares of GE Aerospace in a research report on Monday, July 27th. The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Seaport Research Partners initiated coverage on shares of GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research note on Wednesday, July 15th. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and an average target price of $390.59.

GE Aerospace Stock Down 1.1%

Shares of GE opened at $370.40 on Friday. The stock’s 50-day moving average price is $353.75 and its two-hundred day moving average price is $322.74. GE Aerospace has a 12 month low of $263.80 and a 12 month high of $388.84. The company has a market capitalization of $384.31 billion, a PE ratio of 43.63, a PEG ratio of 2.74 and a beta of 1.36. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96.

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, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same quarter in the prior year, the firm posted $1.66 earnings per share. The business’s quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, analysts anticipate that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were given 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 was Monday, July 6th. GE Aerospace’s dividend payout ratio is currently 22.14%.

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.