Natixis Advisors LLC Purchases 95,822 Shares of GE Aerospace $GE

Natixis Advisors LLC grew its position in GE Aerospace (NYSE:GEFree Report) by 9.5% during the 3rd quarter, HoldingsChannel reports. The firm owned 1,099,973 shares of the company’s stock after purchasing an additional 95,822 shares during the quarter. GE Aerospace comprises about 0.5% of Natixis Advisors LLC’s portfolio, making the stock its 29th largest holding. Natixis Advisors LLC’s holdings in GE Aerospace were worth $330,894,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Korea Investment CORP grew its holdings in shares of GE Aerospace by 12.2% in the 3rd quarter. Korea Investment CORP now owns 1,003,996 shares of the company’s stock valued at $302,022,000 after buying an additional 109,200 shares during the period. Angeles Wealth Management LLC raised its stake in GE Aerospace by 212.7% during the 3rd quarter. Angeles Wealth Management LLC now owns 11,482 shares of the company’s stock worth $3,454,000 after buying an additional 7,810 shares during the period. Blair William & Co. IL lifted its holdings in GE Aerospace by 18.1% during the third quarter. Blair William & Co. IL now owns 228,086 shares of the company’s stock worth $68,613,000 after acquiring an additional 34,958 shares in the last quarter. Baltimore Washington Financial Advisors Inc. bought a new position in GE Aerospace during the third quarter worth about $357,000. Finally, First Trust Advisors LP grew its stake in GE Aerospace by 38.7% in the third quarter. First Trust Advisors LP now owns 1,262,536 shares of the company’s stock valued at $379,796,000 after acquiring an additional 352,375 shares during the period. 74.77% of the stock is owned by institutional investors.

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Insider Activity at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction on Friday, January 30th. The shares were sold at an average price of $306.47, for a total value of $9,305,348.61. Following the sale, the senior vice president directly owned 150,434 shares in the company, valued at approximately $46,103,507.98. The trade was a 16.79% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, VP Robert M. Giglietti sold 3,035 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $305.51, for a total transaction of $927,222.85. Following the sale, the vice president directly owned 10,583 shares in the company, valued at $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 37,398 shares of company stock valued at $11,455,491. Corporate insiders own 0.21% of the company’s stock.

GE Aerospace Trading Down 1.3%

NYSE GE opened at $322.69 on Friday. The stock has a market capitalization of $338.44 billion, a price-to-earnings ratio of 39.64, a PEG ratio of 2.98 and a beta of 1.36. The stock’s 50 day moving average price is $319.65 and its two-hundred day moving average price is $303.89. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.04. GE Aerospace has a 52 week low of $159.36 and a 52 week high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share 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 analysts’ expectations of $11.27 billion. During the same period last year, the business earned $1.32 EPS. The business’s quarterly 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. As a group, analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current fiscal 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 given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. 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. GE Aerospace’s payout ratio is 17.69%.

Analyst Ratings Changes

GE has been the subject of several recent analyst reports. Sanford C. Bernstein increased their price target on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Citigroup reiterated 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. Morgan Stanley began coverage on shares of GE Aerospace in a report on Friday, February 20th. They set an “overweight” rating and a $425.00 target price on the stock. 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 research note on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft upped their price target on shares of GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $331.12.

View Our Latest Stock Report on GE Aerospace

About GE Aerospace

(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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