GE Aerospace $GE Shares Sold by Xponance Inc.

Xponance Inc. trimmed its holdings in GE Aerospace (NYSE:GE) by 1.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 256,649 shares of the company’s stock after selling 3,746 shares during the quarter. GE Aerospace makes up about 0.6% of Xponance Inc.’s holdings, making the stock its 21st biggest position. Xponance Inc.’s holdings in GE Aerospace were worth $77,205,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of GE. Vanguard Group Inc. raised its stake in shares of GE Aerospace by 1.6% during the second quarter. Vanguard Group Inc. now owns 91,989,511 shares of the company’s stock worth $23,677,180,000 after purchasing an additional 1,482,069 shares during the last quarter. State Street Corp boosted its holdings in shares of GE Aerospace by 1.4% in the second quarter. State Street Corp now owns 44,268,912 shares of the company’s stock valued at $11,394,375,000 after acquiring an additional 613,866 shares in the last quarter. Geode Capital Management LLC increased its stake in shares of GE Aerospace by 3.1% during the second quarter. Geode Capital Management LLC now owns 24,113,967 shares of the company’s stock worth $6,181,956,000 after acquiring an additional 724,559 shares during the period. Norges Bank purchased a new position in GE Aerospace during the second quarter worth about $3,408,828,000. Finally, Jennison Associates LLC lifted its position in GE Aerospace by 21.5% in the third quarter. Jennison Associates LLC now owns 8,430,878 shares of the company’s stock valued at $2,536,177,000 after purchasing an additional 1,494,541 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Trading Down 0.6%

NYSE GE opened at $340.97 on Friday. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.04. GE Aerospace has a one year low of $159.36 and a one year high of $348.48. The company’s 50 day moving average price is $317.13 and its 200 day moving average price is $300.97. The firm has a market capitalization of $357.61 billion, a price-to-earnings ratio of 41.89, a PEG ratio of 3.17 and a beta of 1.40.

GE Aerospace (NYSE:GE) last issued its earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The business had revenue of $11.90 billion for the quarter, compared to the consensus estimate of $11.27 billion. During the same quarter last year, the firm posted $1.32 EPS. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, sell-side analysts predict that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, March 9th will be given a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 0.6%. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Monday, March 9th. GE Aerospace’s dividend payout ratio is 17.69%.

Insider Transactions at GE Aerospace

In other GE Aerospace news, 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 value of $9,305,348.61. Following the transaction, the senior vice president owned 150,434 shares in the company, valued at $46,103,507.98. The trade was a 16.79% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, VP Robert M. Giglietti sold 3,035 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the transaction, the vice president directly owned 10,583 shares of the company’s stock, valued at approximately $3,233,212.33. The trade was a 22.29% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 37,398 shares of company stock valued at $11,455,491. Corporate insiders own 0.21% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GE. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Saturday, February 21st. UBS Group set a $374.00 price target on GE Aerospace and gave the stock a “buy” rating in a research note on Friday, January 23rd. JPMorgan Chase & Co. upped their target price on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, January 26th. BNP Paribas Exane dropped their target price on shares of GE Aerospace from $305.00 to $290.00 and set an “underperform” rating for the company in a report on Friday, January 23rd. Finally, TD Cowen raised their price objective on shares of GE Aerospace from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. One 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. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $329.29.

GE Aerospace Company 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.