Paragon Private Wealth Management LLC Buys 1,944 Shares of GE Aerospace $GE

Paragon Private Wealth Management LLC boosted its stake in shares of GE Aerospace (NYSE:GE) by 171.6% during the third quarter, Holdings Channel.com reports. The firm owned 3,077 shares of the company’s stock after purchasing an additional 1,944 shares during the quarter. Paragon Private Wealth Management LLC’s holdings in GE Aerospace were worth $926,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of GE. Ameriflex Group Inc. grew its stake in GE Aerospace by 23.5% during 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 in the last quarter. Diversified Trust Co lifted its stake in GE Aerospace by 21.3% in the 3rd quarter. Diversified Trust Co now owns 32,021 shares of the company’s stock worth $9,633,000 after purchasing an additional 5,625 shares in the last quarter. Cadinha & Co. LLC boosted its holdings in shares of GE Aerospace by 154.8% during the 3rd quarter. Cadinha & Co. LLC now owns 97,280 shares of the company’s stock worth $29,264,000 after purchasing an additional 59,106 shares during the last quarter. Police & Firemen s Retirement System of New Jersey grew its position in shares of GE Aerospace by 1.8% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 159,682 shares of the company’s stock valued at $41,101,000 after purchasing an additional 2,779 shares in the last quarter. Finally, Czech National Bank increased its holdings in shares of GE Aerospace by 3.3% in the third quarter. Czech National Bank now owns 269,330 shares of the company’s stock valued at $81,020,000 after purchasing an additional 8,668 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GE. TD Cowen boosted their price objective on GE Aerospace from $330.00 to $350.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Susquehanna reissued a “positive” rating and set a $380.00 price target on shares of GE Aerospace in a research report on Thursday, January 15th. The Goldman Sachs Group raised their price objective on shares of GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday. UBS Group set a $374.00 target price on shares of GE Aerospace and gave the company a “buy” rating in a report on Friday. Finally, JPMorgan Chase & Co. raised their price target on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday. Sixteen 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. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $319.00.

GE Aerospace Trading Up 0.4%

Shares of GE stock opened at $294.94 on Tuesday. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $332.79. The firm has a market cap of $311.10 billion, a PE ratio of 36.23, a price-to-earnings-growth ratio of 1.94 and a beta of 1.40. The company has a 50-day moving average of $304.98 and a two-hundred day moving average of $293.06. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The business had revenue of $12.72 billion for the quarter, compared to the consensus estimate of $11.27 billion. During the same period in the previous year, the firm earned $1.32 EPS. The business’s revenue was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts predict that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Monday, January 26th. Shareholders of record on Monday, December 29th were paid a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Monday, December 29th. GE Aerospace’s dividend payout ratio is 17.69%.

Insider Buying and Selling

In other news, SVP Russell Stokes sold 8,000 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the completion of the transaction, the senior vice president directly owned 150,434 shares in the company, valued at $44,785,706.14. This trade represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.21% of the stock is owned by company insiders.

GE Aerospace 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.