Castleark Management LLC Has $8.71 Million Stake in GE Aerospace $GE

Castleark Management LLC reduced its position in GE Aerospace (NYSE:GE) by 50.0% during the first quarter, HoldingsChannel reports. The firm owned 30,680 shares of the company’s stock after selling 30,700 shares during the period. Castleark Management LLC’s holdings in GE Aerospace were worth $8,706,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Jessup Wealth Management Inc grew its holdings in GE Aerospace by 235.9% during the 1st quarter. Jessup Wealth Management Inc now owns 749 shares of the company’s stock worth $212,000 after acquiring an additional 526 shares during the period. Family Manage LLC lifted its stake in shares of GE Aerospace by 393.7% in the 1st quarter. Family Manage LLC now owns 10,136 shares of the company’s stock valued at $2,876,000 after purchasing an additional 8,083 shares during the period. Gateway Wealth Partners LLC lifted its stake in shares of GE Aerospace by 242.8% in the 1st quarter. Gateway Wealth Partners LLC now owns 11,961 shares of the company’s stock valued at $3,394,000 after purchasing an additional 8,472 shares during the period. Troluce Capital Advisors LLC acquired a new position in shares of GE Aerospace in the 1st quarter valued at about $6,810,000. Finally, Cypress Capital Group boosted its position in shares of GE Aerospace by 0.5% during the 1st quarter. Cypress Capital Group now owns 11,965 shares of the company’s stock valued at $3,395,000 after purchasing an additional 61 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace and CFM announced commitments for about 1,800 engines, highlighted by IndiGo’s order for more than 1,000 LEAP-1A engines — the largest single LEAP order ever and a major backlog booster. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: The company also won additional widebody engine business, including GEnx-1B orders for Philippine Airlines and AerCap, reinforcing demand in the commercial services and engines franchise. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: GE Aerospace said FAA and EASA certified durability upgrades for the LEAP-1B engine, which should reduce maintenance burden and improve engine time on wing — a favorable sign for margins and aftermarket revenue. GE Aerospace Concludes Farnborough Airshow with Record Engine Orders, Durability Advances and Hybrid Electric Flight Milestones
• Positive Sentiment: Management also highlighted a milestone in hybrid-electric flight above 30,000 feet and new defense-related collaborations, signaling continued investment in future aerospace technologies and military demand. GE Aerospace Wraps Historic Farnborough Airshow
• Neutral Sentiment: Several analyst notes and stock-trend articles are also keeping GE in focus, but the main stock-moving catalyst today appears to be the company’s strong order announcements and product-certificate news. GE Aerospace (GE) Is a Trending Stock: Facts to Know Before Betting on It

GE Aerospace Price Performance

GE stock opened at $353.71 on Monday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The company’s 50-day moving average is $341.50 and its 200-day moving average is $319.64. The stock has a market capitalization of $367.00 billion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 2.70 and a beta of 1.35. GE Aerospace has a 1 year low of $261.71 and a 1 year high of $382.97.

GE Aerospace (NYSE:GE) last issued its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. During the same period in the previous year, the company posted $1.66 EPS. The firm’s revenue 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. Equities research analysts expect that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a dividend of $0.47 per share. The ex-dividend date is Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s payout ratio is currently 22.14%.

Analysts Set New Price Targets

GE has been the subject of several recent analyst reports. Susquehanna reaffirmed a “positive” rating and set a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Seaport Research Partners initiated coverage on GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target on the stock. Morgan Stanley cut their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Finally, TD Cowen reiterated a “buy” rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Sixteen equities research analysts have rated the stock with 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 company currently has a consensus rating of “Moderate Buy” and an average price target of $386.88.

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.