GE Aerospace $GE Shares Bought by Barings LLC

Barings LLC raised its holdings in GE Aerospace (NYSE:GEFree Report) by 286.7% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 2,641 shares of the company’s stock after buying an additional 1,958 shares during the period. Barings LLC’s holdings in GE Aerospace were worth $749,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Allworth Financial LP lifted its holdings in GE Aerospace by 7.6% in the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after acquiring an additional 5,434 shares during the period. Dara Capital US Inc. acquired a new position in shares of GE Aerospace during the 4th quarter worth $2,527,000. NewEdge Wealth LLC grew its stake in shares of GE Aerospace by 92.2% during the 4th quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock worth $6,204,000 after purchasing an additional 9,663 shares during the period. CenterBook Partners LP increased its holdings in shares of GE Aerospace by 892.6% in the 4th quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock valued at $15,336,000 after purchasing an additional 44,772 shares in the last quarter. Finally, Ascentis Independent Advisors increased its holdings in shares of GE Aerospace by 207.3% in the 1st quarter. Ascentis Independent Advisors now owns 4,317 shares of the company’s stock valued at $1,225,000 after purchasing an additional 2,912 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Performance

NYSE:GE opened at $346.16 on Friday. 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 firm has a 50-day moving average price of $335.28 and a two-hundred day moving average price of $318.30. GE Aerospace has a twelve month low of $254.66 and a twelve month high of $382.97. The company has a market capitalization of $361.16 billion, a P/E ratio of 42.63, a price-to-earnings-growth ratio of 3.19 and a beta of 1.35.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $12.24 billion. During the same quarter in the prior year, the firm earned $1.66 earnings per share. The company’s revenue for the quarter was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts expect that GE Aerospace will post 7.49 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

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

Trending Headlines about GE Aerospace

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Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. TD Cowen reissued a “buy” rating and set a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a report on Monday. UBS Group dropped their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, Seaport Research Partners initiated coverage on GE Aerospace in a report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $365.61.

Check Out Our Latest Stock Analysis on GE Aerospace

About GE Aerospace

(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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