Harold Davidson & Associates Inc. Has $6.39 Million Stake in GE Aerospace $GE

Harold Davidson & Associates Inc. increased its holdings in GE Aerospace (NYSE:GE) by 52.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 21,249 shares of the company’s stock after acquiring an additional 7,328 shares during the period. GE Aerospace comprises 2.9% of Harold Davidson & Associates Inc.’s investment portfolio, making the stock its 7th biggest holding. Harold Davidson & Associates Inc.’s holdings in GE Aerospace were worth $6,392,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in the stock. Diversified Trust Co boosted its holdings 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 buying an additional 5,625 shares during the period. Cadinha & Co. LLC boosted its holdings in shares of GE Aerospace by 154.8% in the third quarter. Cadinha & Co. LLC now owns 97,280 shares of the company’s stock worth $29,264,000 after acquiring an additional 59,106 shares during the period. Police & Firemen s Retirement System of New Jersey boosted its holdings 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 worth $41,101,000 after acquiring an additional 2,779 shares during the period. Czech National Bank boosted 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 worth $81,020,000 after acquiring an additional 8,668 shares during the period. Finally, Phoenix Financial Ltd. raised its stake in shares of GE Aerospace by 34.3% during the 3rd quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock valued at $6,808,000 after purchasing an additional 5,775 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

Insider Buying and Selling

In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. This trade represents a 16.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, SVP Amy L. Gowder sold 4,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $305.73, for a total transaction of $1,222,920.00. Following the completion of the sale, the senior vice president directly owned 16,535 shares of the company’s stock, valued at $5,055,245.55. This trade represents a 19.48% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 37,398 shares of company stock worth $11,455,491 in the last quarter. 0.21% of the stock is owned by insiders.

GE Aerospace Price Performance

Shares of NYSE:GE opened at $329.52 on Thursday. The company’s fifty day moving average price is $311.87 and its 200-day moving average price is $298.32. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The firm has a market capitalization of $345.60 billion, a price-to-earnings ratio of 40.48, a PEG ratio of 3.02 and a beta of 1.40. GE Aerospace has a one year low of $159.36 and a one year high of $332.79.

GE Aerospace (NYSE:GE) last announced its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.14. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The company had revenue of $11.90 billion during the quarter, compared to analyst estimates of $11.27 billion. During the same period in the previous year, the business earned $1.32 earnings per share. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities research analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s payout ratio is 17.69%.

Wall Street Analyst Weigh In

Several research analysts have commented on GE shares. UBS Group set a $374.00 target price on GE Aerospace and gave the stock a “buy” rating in a research note on Friday, January 23rd. Citigroup restated a “buy” rating and issued a $380.00 price objective (up from $378.00) on shares of GE Aerospace in a research report on Friday, January 23rd. JPMorgan Chase & Co. increased their target price on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. TD Cowen boosted their price target on shares of GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a research report on Wednesday, January 14th. Finally, BNP Paribas Exane lowered their price objective on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $323.31.

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.