Ontario Teachers Pension Plan Board Decreases Stock Holdings in GE Aerospace $GE

Ontario Teachers Pension Plan Board reduced its stake in shares of GE Aerospace (NYSE:GE) by 18.8% during the 3rd quarter, HoldingsChannel reports. The institutional investor owned 353,284 shares of the company’s stock after selling 81,645 shares during the quarter. GE Aerospace comprises 2.2% of Ontario Teachers Pension Plan Board’s portfolio, making the stock its 13th biggest holding. Ontario Teachers Pension Plan Board’s holdings in GE Aerospace were worth $106,275,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its holdings in GE Aerospace by 25.3% in the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after purchasing an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC raised its stake in shares of GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after buying an additional 150 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of GE Aerospace by 4.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after buying an additional 191 shares in the last quarter. Avidian Wealth Enterprises LLC grew its stake in GE Aerospace by 1.7% in the 2nd quarter. Avidian Wealth Enterprises LLC now owns 2,882 shares of the company’s stock valued at $742,000 after acquiring an additional 49 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its position in shares of GE Aerospace by 3.1% in the second quarter. Cullen Frost Bankers Inc. now owns 96,516 shares of the company’s stock valued at $24,842,000 after purchasing an additional 2,865 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Trading Up 0.7%

GE stock opened at $329.52 on Thursday. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. The company has a market cap of $345.60 billion, a price-to-earnings ratio of 40.48, a PEG ratio of 3.02 and a beta of 1.40. The business has a fifty day simple moving average of $311.87 and a 200-day simple moving average of $298.32. GE Aerospace has a 52 week low of $159.36 and a 52 week high of $332.79.

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

GE Aerospace Increases Dividend

The firm also recently announced 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. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, March 9th. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s dividend payout ratio (DPR) is presently 17.69%.

Analyst Ratings Changes

A number of research firms recently commented on GE. Bank of America lifted their price objective on GE Aerospace from $310.00 to $365.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. UBS Group set a $374.00 price target on shares of GE Aerospace and gave the stock a “buy” rating in a report on Friday, January 23rd. TD Cowen upped their price objective on shares of GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Wolfe Research raised their target price on shares of GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, Citigroup reaffirmed a “buy” rating and issued a $380.00 target price (up from $378.00) on shares of GE Aerospace in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $323.31.

Insider Buying and Selling

In other news, SVP Russell Stokes sold 30,363 shares of the company’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $306.47, for a total value of $9,305,348.61. Following the completion of the sale, the senior vice president owned 150,434 shares of the company’s stock, valued at $46,103,507.98. This represents a 16.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Robert M. Giglietti sold 3,035 shares of GE Aerospace stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the sale, the vice president owned 10,583 shares in the company, valued at $3,233,212.33. This represents a 22.29% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 37,398 shares of company stock valued at $11,455,491. Company insiders own 0.21% of the company’s stock.

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.