Independent Financial Group LLC Makes New $4.12 Million Investment in GE Aerospace $GE

Independent Financial Group LLC bought a new position in GE Aerospace (NYSE:GEFree Report) in the first quarter, HoldingsChannel reports. The fund bought 14,536 shares of the company’s stock, valued at approximately $4,125,000.

A number of other hedge funds have also added to or reduced their stakes in GE. Brighton Jones LLC increased its position in shares of GE Aerospace by 25.3% during the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after purchasing an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC increased its stake in shares of GE Aerospace by 7.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after purchasing an additional 150 shares in the last quarter. Sivia Capital Partners LLC raised its holdings in GE Aerospace by 4.6% during the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after acquiring an additional 191 shares during the period. Main Street Financial Solutions LLC raised its stake in GE Aerospace by 348.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock valued at $1,518,000 after purchasing an additional 4,584 shares during the period. Finally, HUB Investment Partners LLC raised its position in shares of GE Aerospace by 4.2% during the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock valued at $2,326,000 after buying an additional 366 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

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Here are the key news stories impacting GE Aerospace this week:

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on GE shares. President Capital reduced their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Jefferies Financial Group increased their target price on shares of GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Susquehanna reiterated a “positive” rating and issued a $430.00 price target (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. Wells Fargo & Company began coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective for the company. Finally, Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $370.33.

View Our Latest Research Report on GE Aerospace

GE Aerospace Trading Up 0.8%

NYSE:GE opened at $348.58 on Friday. The company has a quick ratio of 0.70, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $363.69 billion, a price-to-earnings ratio of 41.06, a PEG ratio of 2.96 and a beta of 1.35. GE Aerospace has a 52 week low of $254.66 and a 52 week high of $382.97. The firm has a 50 day moving average of $336.31 and a 200 day moving average of $318.52.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping 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 firm had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the previous year, the business earned $1.66 EPS. The firm’s revenue for the quarter was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, sell-side analysts anticipate that GE Aerospace will post 7.75 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid 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 presently 23.15%.

GE Aerospace Company Profile

(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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