3,603 Shares in GE Aerospace $GE Purchased by Oslo Pensjonsforsikring AS

Oslo Pensjonsforsikring AS acquired a new stake in GE Aerospace (NYSE:GEFree Report) during the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 3,603 shares of the company’s stock, valued at approximately $1,022,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Blueline Advisors LLC purchased a new stake in GE Aerospace in the 4th quarter worth $25,000. Ankerstar Wealth LLC acquired a new position in GE Aerospace during the fourth quarter worth $31,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the fourth quarter valued at $32,000. Lifetime Wealth Management P.C. purchased a new position in GE Aerospace during the fourth quarter valued at $40,000. Finally, Legacy Bridge LLC grew its position in shares of GE Aerospace by 3,375.0% in the fourth quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock valued at $43,000 after purchasing an additional 135 shares during the period. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

GE has been the subject of several research analyst reports. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. President Capital lowered their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research note on Tuesday, July 14th. Daiwa Securities Group started coverage on GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. Finally, Morgan Stanley decreased their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Seventeen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $380.89.

Check Out Our Latest Research Report on GE

GE Aerospace Stock Performance

NYSE:GE opened at $340.44 on Wednesday. The company has a market cap of $353.23 billion, a P/E ratio of 40.10, a P/E/G ratio of 2.62 and a beta of 1.35. GE Aerospace has a twelve month low of $254.66 and a twelve month high of $382.97. The company’s 50-day moving average price is $337.98 and its 200-day moving average price is $319.00. 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:GEGet Free Report) last announced its quarterly earnings data 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. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. GE Aerospace’s revenue was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, sell-side analysts forecast that GE Aerospace will post 7.89 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be given a $0.47 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio is 22.14%.

Key Stories Impacting GE Aerospace

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

  • Positive Sentiment: GE Aerospace announced that AerCap selected its GEnx-1B engines to power 15 additional Boeing 787 Dreamliners, another order that adds to the company’s commercial engine backlog and signals continued airline/leasing demand. Article Title
  • Positive Sentiment: The company also drew attention for its world’s first high-altitude hybrid-electric flight above 30,000 feet with NASA, Boeing, and BETA Technologies, which investors are reading as a major technology milestone for next-generation aviation. Article Title
  • Positive Sentiment: JPMorgan raised its price target on GE Aerospace to $400 and kept an overweight rating, reflecting confidence in the company’s earnings power and growth outlook. Article Title
  • Positive Sentiment: Additional commentary from Jim Cramer and other media coverage highlighted GE Aerospace as a blue-chip industrial name to own instead of speculative tech, adding to the stock’s positive sentiment. Article Title
  • Neutral Sentiment: Coverage around GE Aerospace’s CEO and the Farnborough Air Show emphasized the company’s $210 billion backlog, strong Q2 results, and ongoing share buybacks, which support the long-term case but were largely reiterations of already known fundamentals. Article Title
  • Negative Sentiment: Some reports noted ongoing supply-chain and parts-delivery bottlenecks in the aerospace industry, which could limit how quickly GE Aerospace converts strong demand into revenue growth. Article Title

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.

Further Reading

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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