GE Aerospace $GE Shares Sold by Danica Pension Livsforsikringsaktieselskab

Danica Pension Livsforsikringsaktieselskab decreased its position in GE Aerospace (NYSE:GE) by 66.0% during the 1st quarter, Holdings Channel reports. The fund owned 65,377 shares of the company’s stock after selling 126,780 shares during the quarter. Danica Pension Livsforsikringsaktieselskab’s holdings in GE Aerospace were worth $18,552,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the company. Blueline Advisors LLC acquired a new stake in GE Aerospace in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace during the 4th quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the 4th quarter worth approximately $32,000. Lifetime Wealth Management P.C. acquired a new stake in shares of GE Aerospace in the 4th quarter valued at approximately $40,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in shares of GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after buying an additional 59 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Price Performance

Shares of NYSE GE opened at $340.44 on Wednesday. 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’s 50-day moving average price is $337.98 and its 200 day moving average price is $319.00. GE Aerospace has a 52 week low of $254.66 and a 52 week high of $382.97. The stock has a market cap of $353.23 billion, a price-to-earnings ratio of 40.10, a PEG ratio of 2.62 and a beta of 1.35.

GE Aerospace (NYSE:GE) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same quarter in the previous year, the business posted $1.66 earnings per share. The firm’s quarterly 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. As a group, research analysts forecast that GE Aerospace will post 7.89 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, July 6th. GE Aerospace’s payout ratio is currently 22.14%.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: GE Aerospace announced that AerCap selected its GEnx-1B engines to power 15 additional Boeing 787 Dreamliners, another order that adds to the company’s commercial engine backlog and signals continued airline/leasing demand. Article Title
• Positive Sentiment: The company also drew attention for its world’s first high-altitude hybrid-electric flight above 30,000 feet with NASA, Boeing, and BETA Technologies, which investors are reading as a major technology milestone for next-generation aviation. Article Title
• Positive Sentiment: JPMorgan raised its price target on GE Aerospace to $400 and kept an overweight rating, reflecting confidence in the company’s earnings power and growth outlook. Article Title
• Positive Sentiment: Additional commentary from Jim Cramer and other media coverage highlighted GE Aerospace as a blue-chip industrial name to own instead of speculative tech, adding to the stock’s positive sentiment. Article Title
• Neutral Sentiment: Coverage around GE Aerospace’s CEO and the Farnborough Air Show emphasized the company’s $210 billion backlog, strong Q2 results, and ongoing share buybacks, which support the long-term case but were largely reiterations of already known fundamentals. Article Title
• Negative Sentiment: Some reports noted ongoing supply-chain and parts-delivery bottlenecks in the aerospace industry, which could limit how quickly GE Aerospace converts strong demand into revenue growth. Article Title

Analysts Set New Price Targets

Several research firms have issued reports on GE. Daiwa Securities Group initiated coverage on GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. 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. Susquehanna reiterated a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Seaport Research Partners started coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 target price on the stock. Finally, President Capital reduced their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Seventeen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $380.89.

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.