Regent Peak Wealth Advisors LLC Invests $1.18 Million in GE Aerospace $GE

Regent Peak Wealth Advisors LLC bought a new stake in shares of GE Aerospace (NYSE:GE) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 3,923 shares of the company’s stock, valued at approximately $1,180,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Ameriflex Group Inc. raised its holdings in GE Aerospace by 23.5% in the 2nd quarter. Ameriflex Group Inc. now owns 1,742 shares of the company’s stock valued at $437,000 after acquiring an additional 331 shares during the last quarter. Police & Firemen s Retirement System of New Jersey boosted its holdings in shares of GE Aerospace by 1.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 159,682 shares of the company’s stock worth $41,101,000 after purchasing an additional 2,779 shares during the last quarter. Czech National Bank boosted its holdings in shares of GE Aerospace by 3.3% during the 3rd quarter. Czech National Bank now owns 269,330 shares of the company’s stock worth $81,020,000 after purchasing an additional 8,668 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. grew its position in shares of GE Aerospace by 7.0% in the second quarter. Mirae Asset Global Investments Co. Ltd. now owns 182,120 shares of the company’s stock valued at $46,876,000 after purchasing an additional 11,873 shares in the last quarter. Finally, Vigilare Wealth Management acquired a new stake in shares of GE Aerospace in the second quarter valued at approximately $627,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Insider Buying and Selling at GE Aerospace

In related news, SVP Russell Stokes sold 8,000 shares of GE Aerospace stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the completion of the sale, the senior vice president owned 150,434 shares in the company, valued at approximately $44,785,706.14. This trade represents a 5.05% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on GE shares. Susquehanna started coverage on GE Aerospace in a research report on Thursday, December 4th. They set a “positive” rating and a $350.00 price objective on the stock. BNP Paribas upgraded GE Aerospace to a “strong sell” rating in a report on Tuesday, November 18th. JPMorgan Chase & Co. boosted their price target on shares of GE Aerospace from $275.00 to $325.00 and gave the company an “overweight” rating in a research report on Monday, October 27th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a report on Wednesday, October 8th. Finally, BNP Paribas Exane started coverage on shares of GE Aerospace in a research note on Tuesday, November 18th. They set an “underperform” rating on the stock. Sixteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $309.94.

GE Aerospace Stock Performance

NYSE GE opened at $316.48 on Friday. The stock has a fifty day simple moving average of $301.02 and a 200-day simple moving average of $281.70. The company has a current ratio of 1.08, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99. The stock has a market cap of $333.83 billion, a PE ratio of 42.25, a P/E/G ratio of 2.45 and a beta of 1.40. GE Aerospace has a twelve month low of $159.36 and a twelve month high of $317.75.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, October 21st. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.46 by $0.20. The firm had revenue of $11.31 billion for the quarter, compared to analyst estimates of $10.29 billion. GE Aerospace had a net margin of 18.34% and a return on equity of 34.01%. GE Aerospace’s revenue was up 26.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.15 EPS. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. Equities analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current year.

GE Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Monday, December 29th will be issued a $0.36 dividend. This represents a $1.44 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, December 29th. GE Aerospace’s dividend payout ratio is currently 19.23%.

About GE Aerospace

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.