GE Aerospace $GE Shares Bought by Huntington National Bank

Huntington National Bank lifted its position in GE Aerospace (NYSE:GEFree Report) by 2.9% during the third quarter, Holdings Channel reports. The institutional investor owned 583,409 shares of the company’s stock after buying an additional 16,591 shares during the quarter. GE Aerospace makes up approximately 1.1% of Huntington National Bank’s investment portfolio, making the stock its 22nd largest position. Huntington National Bank’s holdings in GE Aerospace were worth $175,501,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of GE. Brighton Jones LLC lifted its holdings in GE Aerospace by 25.3% in the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in GE Aerospace by 7.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock valued at $375,000 after purchasing an additional 150 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in GE Aerospace by 4.6% during the second 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. Hantz Financial Services Inc. boosted its holdings in GE Aerospace by 8.0% during the second quarter. Hantz Financial Services Inc. now owns 4,580 shares of the company’s stock worth $1,179,000 after buying an additional 340 shares in the last quarter. Finally, Keybank National Association OH grew its position in GE Aerospace by 0.8% in the second quarter. Keybank National Association OH now owns 51,529 shares of the company’s stock worth $13,263,000 after buying an additional 410 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 0.2%

Shares of GE Aerospace stock opened at $341.55 on Friday. GE Aerospace has a 1 year low of $159.36 and a 1 year high of $348.48. The company has a market cap of $358.22 billion, a P/E ratio of 41.96, a P/E/G ratio of 3.15 and a beta of 1.40. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The stock has a 50-day moving average price of $317.81 and a 200 day moving average price of $301.43.

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

GE Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.47 per share. This is an increase from GE Aerospace’s previous quarterly dividend of $0.36. 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%. GE Aerospace’s dividend payout ratio (DPR) is 17.69%.

Insider Activity

In other news, VP Robert M. Giglietti sold 3,035 shares of the company’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total value of $927,222.85. Following the transaction, the vice president directly owned 10,583 shares of the company’s stock, valued at approximately $3,233,212.33. This represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Amy L. Gowder sold 4,000 shares of GE Aerospace stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $305.73, for a total value of $1,222,920.00. Following the sale, the senior vice president directly owned 16,535 shares of the company’s stock, valued at approximately $5,055,245.55. The trade was a 19.48% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 37,398 shares of company stock worth $11,455,491 in the last ninety days. Corporate insiders own 0.21% of the company’s stock.

Trending Headlines about GE Aerospace

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Analyst Upgrades and Downgrades

A number of brokerages have recently commented on GE. UBS Group set a $374.00 price objective on GE Aerospace and gave the company a “buy” rating in a research report on Friday, January 23rd. Susquehanna reaffirmed a “positive” rating and set a $380.00 target price on shares of GE Aerospace in a report on Thursday, January 15th. Citigroup reissued a “buy” rating and issued a $380.00 price target (up from $378.00) on shares of GE Aerospace in a research note on Friday, January 23rd. JPMorgan Chase & Co. upped their price objective on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. Finally, BNP Paribas Exane cut their price target on shares of GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $329.29.

View Our Latest Stock Analysis on GE Aerospace

GE Aerospace Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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