GE Aerospace $GE Shares Purchased by Generali Asset Management SPA SGR

Generali Asset Management SPA SGR boosted its holdings in shares of GE Aerospace (NYSE:GE) by 6.1% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 101,833 shares of the company’s stock after purchasing an additional 5,818 shares during the period. Generali Asset Management SPA SGR’s holdings in GE Aerospace were worth $31,801,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Asset Management One Co. Ltd. grew its position in GE Aerospace by 0.9% in the third quarter. Asset Management One Co. Ltd. now owns 544,339 shares of the company’s stock valued at $169,992,000 after acquiring an additional 4,928 shares during the period. Lynch Investment Planning LLC bought a new position in shares of GE Aerospace during the third quarter valued at $73,000. SYM FINANCIAL Corp boosted its stake in shares of GE Aerospace by 2.5% in the 3rd quarter. SYM FINANCIAL Corp now owns 7,259 shares of the company’s stock valued at $2,267,000 after purchasing an additional 180 shares in the last quarter. Independence Bank of Kentucky boosted its stake in shares of GE Aerospace by 2.3% in the 3rd quarter. Independence Bank of Kentucky now owns 2,765 shares of the company’s stock valued at $863,000 after purchasing an additional 61 shares in the last quarter. Finally, Ashton Thomas Securities LLC acquired a new stake in shares of GE Aerospace in the 3rd quarter valued at $1,030,000. Institutional investors own 74.77% of the company’s stock.

Analyst Ratings Changes

GE has been the subject of a number of recent analyst reports. Melius Research set a $350.00 target price on shares of GE Aerospace and gave the stock a “hold” rating in a research report on Monday, September 14th. Citigroup reissued a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. JPMorgan Chase & Co. reduced their price target on shares of GE Aerospace from $400.00 to $375.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 21st. UBS Group reaffirmed a “buy” rating and set a $380.00 price objective (up from $377.00) on shares of GE Aerospace in a research note on Wednesday, October 21st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, October 15th. Sixteen investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $373.45.

GE Aerospace Trading Up 3.3%

GE Aerospace stock opened at $297.95 on Wednesday. The business’s 50-day simple moving average is $320.57 and its 200 day simple moving average is $323.34. GE Aerospace has a 12-month low of $268.91 and a 12-month high of $388.84.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, October 20th. The company reported $2.25 earnings per share for the quarter, topping the consensus estimate of $2.01 by $0.24. The firm had revenue of $13.29 billion for the quarter, compared to the consensus estimate of $12.88 billion. During the same period in the prior year, the firm posted $1.66 earnings per share. The business’s revenue for the quarter was up 24.7% compared to the same quarter last year. Equities research analysts forecast that GE Aerospace will post 8.14 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Monday, October 5th were given a dividend of $0.47 per share. The ex-dividend date was Monday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace’s record $212 billion backlog highlights substantial visibility for future revenue, supported by persistent demand for commercial aircraft engines, services and defense products. The company also recently exceeded quarterly EPS and revenue expectations, reinforcing its operating momentum. GE Aerospace Q3: Record $212B Backlog Overshadowed By Extreme Valuation
• Positive Sentiment: Analysts’ upward earnings-estimate revisions and technically oversold conditions could encourage bargain hunting after GE shares lost 9.4% over four weeks, potentially supporting a turnaround. Why GE Is Poised for a Turnaround
• Positive Sentiment: A $9.2 million U.S. Air Force contract for F110 engine work adds incremental defense revenue and validates GE Aerospace’s role in military propulsion. GE Aerospace Lands $9.2M Defense Contract
• Neutral Sentiment: GE Aerospace and peers such as RTX and Lockheed Martin are benefiting from aerospace and defense demand, but comparisons suggest GE’s investment case depends heavily on whether its growth can justify a relatively demanding valuation.
• Neutral Sentiment: UBS raised its GE target to $380 from $377, while Jefferies reduced its target to $425 from $435. The changes indicate continued analyst confidence in the business, but also more cautious expectations from some firms. Jefferies Adjusts Price Target
• Negative Sentiment: JPMorgan cut its price target to $375, adding pressure to the stock’s valuation narrative and suggesting less near-term upside than previously expected. JPMorgan Cuts Target for GE Aerospace
• Negative Sentiment: Commentary continues to flag GE Aerospace’s elevated valuation and aviation-industry risks, including execution and supply-chain pressures. These concerns could limit gains even with a strong backlog.

GE Aerospace Profile

GE Aerospace (NYSE: GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its products support commercial air transport, business and general aviation, military aircraft, and other defense applications. The company also provides engine components, avionics, mechanical systems, digital solutions and maintenance, repair and overhaul services.

GE Aerospace serves airlines, aircraft operators, leasing companies, airframers and government customers worldwide.