GE Aerospace $GE Shares Newly Purchased by Sanders Morris Harris LLC

Sanders Morris Harris LLC bought a new stake in GE Aerospace (NYSE:GE) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 8,497 shares of the company’s stock, valued at approximately $2,681,000.

Several other hedge funds also recently modified their holdings of GE. State Street Corp grew its holdings in shares of GE Aerospace by 2.6% during the second quarter. State Street Corp now owns 46,497,628 shares of the company’s stock worth $17,377,559,000 after buying an additional 1,160,584 shares in the last quarter. Jennison Associates LLC raised its position in shares of GE Aerospace by 37.7% in the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after buying an additional 3,017,937 shares during the last quarter. Invesco Ltd. lifted its stake in shares of GE Aerospace by 2.1% during the fourth quarter. Invesco Ltd. now owns 9,280,276 shares of the company’s stock valued at $2,858,604,000 after buying an additional 189,979 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of GE Aerospace by 6.3% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,251,603 shares of the company’s stock valued at $2,710,142,000 after buying an additional 427,820 shares during the period. Finally, Wellington Management Group LLP lifted its stake in shares of GE Aerospace by 97.3% during the second quarter. Wellington Management Group LLP now owns 6,797,935 shares of the company’s stock valued at $2,540,592,000 after buying an additional 3,352,432 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $400.00 target price (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Citigroup reiterated a “buy” rating and issued a $431.00 price target (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. Wells Fargo & Company cut their price target on GE Aerospace from $390.00 to $380.00 and set an “overweight” rating for the company in a report on Wednesday, September 30th. TD Cowen reissued a “buy” rating and set a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $450.00 price objective on shares of GE Aerospace in a report on Monday, July 27th. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $386.67.

GE Aerospace Trading Down 0.3%

GE traded down $1.00 during midday trading on Wednesday, hitting $306.63. The company’s stock had a trading volume of 3,301,924 shares, compared to its average volume of 5,085,481. 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 firm has a market cap of $318.15 billion, a P/E ratio of 36.12, a PEG ratio of 2.25 and a beta of 1.38. The firm has a 50-day moving average price of $333.64 and a two-hundred day moving average price of $327.96. GE Aerospace has a 52-week low of $268.91 and a 52-week high of $388.84.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, research analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Monday, October 5th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, October 5th. GE Aerospace’s payout ratio is presently 22.14%.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace is participating in discussions with the U.S. transportation secretary and Boeing on aircraft-certification reforms. Streamlined certification could help reduce delays and support aircraft production, although the outcome remains uncertain. US Transportation Secretary meeting with Boeing, GE CEOs on aircraft certification reform efforts
• Positive Sentiment: GE secured up to £33 million in government funding, alongside approximately £27 million from the company, to expand its Prestwick, Scotland, engine-maintenance facility. The project is expected to preserve 850 jobs and add 150, strengthening GE’s aftermarket-services footprint. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
• Positive Sentiment: GE plans to increase India sourcing to roughly $400 million by 2030. Management also expects GE- and CFM-partner engines to power most new aircraft entering India, highlighting long-term regional demand and supply-chain growth. GE Aerospace to boost India supply chain spending
• Positive Sentiment: Susquehanna maintained a Buy rating with a $430 price target, signaling continued confidence in GE’s earnings and aerospace-cycle prospects. Susquehanna keeps Buy rating for GE Aerospace
• Neutral Sentiment: GE is scheduled to report third-quarter results before the market opens on October 20. Investors will focus on order momentum, supply-chain execution and whether the company can support its 2026 EPS guidance of $7.65-$7.85. GE Aerospace earnings are imminent
• Negative Sentiment: Deutsche Bank reduced its GE Aerospace price target to $377 from $450. Although the revised target remains above recent trading levels, the cut may weigh on sentiment and suggests more limited upside expectations. Deutsche Bank adjusts price target on GE Aerospace
• Negative Sentiment: Investors are evaluating whether GE’s planned $11.75 billion acquisition of Consolidated Precision Products can justify the company’s premium valuation. The deal could strengthen supply-chain control, but its size increases execution and integration risk. GE Aerospace and the $11.75 billion foundry deal

Insider Transactions at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the company’s stock in a transaction that occurred on 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 transaction, the senior vice president owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.19% of the company’s stock.

GE Aerospace Profile

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.