Callan Family Office LLC boosted its holdings in GE Aerospace (NYSE:GE – Free Report) by 2.8% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 98,688 shares of the company’s stock after acquiring an additional 2,655 shares during the quarter. GE Aerospace accounts for approximately 0.7% of Callan Family Office LLC’s investment portfolio, making the stock its 21st biggest holding. Callan Family Office LLC’s holdings in GE Aerospace were worth $36,883,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in GE. Blueline Advisors LLC bought a new position in shares of GE Aerospace in the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace during the fourth quarter worth $31,000. Tucker Asset Management LLC bought a new stake in GE Aerospace during the fourth quarter worth $32,000. Paladin Partners LLC purchased a new stake in GE Aerospace in the 2nd quarter valued at $38,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in GE Aerospace in the 4th quarter valued at $40,000. Institutional investors own 74.77% of the company’s stock.
Insiders Place Their Bets
In related news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the sale, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.19% of the company’s stock.
Analyst Ratings Changes
Read Our Latest Stock Analysis on GE Aerospace
GE Aerospace Stock Performance
Shares of GE Aerospace stock opened at $348.85 on Friday. The business’s fifty day simple moving average is $361.10 and its 200 day simple moving average is $326.84. The firm has a market capitalization of $361.95 billion, a P/E ratio of 41.09, a price-to-earnings-growth ratio of 2.52 and a beta of 1.36. GE Aerospace has a 12 month low of $266.37 and a 12 month high of $388.84. 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:GE – Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, analysts anticipate that GE Aerospace will post 7.91 EPS for the current year.
GE Aerospace Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were given a dividend of $0.47 per share. The ex-dividend date was Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s dividend payout ratio is presently 22.14%.
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.
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