GE Aerospace Declares Quarterly Dividend of $0.47 (NYSE:GE)

GE Aerospace (NYSE:GE) declared a quarterly dividend on Monday, September 21st. Stockholders of record on Monday, October 5th will be given a dividend of 0.47 per share on Monday, October 26th. This represents a c) annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, October 5th.

GE Aerospace has increased its dividend payment by an average of 0.4%per year over the last three years and has raised its dividend annually for the last 2 consecutive years. GE Aerospace has a dividend payout ratio of 29.0% meaning its dividend is sufficiently covered by earnings. Equities research analysts expect GE Aerospace to earn $9.04 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 20.8%.

GE Aerospace Trading Up 1.6%

NYSE GE opened at $319.41 on Tuesday. GE Aerospace has a 1-year low of $268.91 and a 1-year 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. The company has a market capitalization of $331.41 billion, a PE ratio of 37.62, a price-to-earnings-growth ratio of 2.29 and a beta of 1.35. The firm’s fifty day simple moving average is $346.98 and its 200-day simple moving average is $327.44.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. The firm had revenue of $12.63 billion during 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 for the quarter was up 21.1% on a year-over-year basis. During the same quarter last 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, sell-side analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the transaction, the senior vice president directly owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. 0.19% of the stock is owned by insiders.

Hedge Funds Weigh In On GE Aerospace

Large investors have recently bought and sold shares of the stock. Security National Bank of SO Dak acquired a new stake in GE Aerospace during the second quarter valued at approximately $55,000. Security National Bank of Sioux City Iowa IA acquired a new stake in GE Aerospace during the 2nd quarter valued at $95,000. Wellington Altus USA Inc. bought a new position in GE Aerospace in the 2nd quarter valued at $311,000. Anchor Investment Management LLC boosted its stake in GE Aerospace by 4.0% in the second quarter. Anchor Investment Management LLC now owns 12,246 shares of the company’s stock worth $4,577,000 after purchasing an additional 471 shares in the last quarter. Finally, Bullseye Investment Management LLC bought a new stake in shares of GE Aerospace during the second quarter worth $123,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Company Profile

GE Aerospace (NYSE:GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.

The company’s products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.

GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.