GE Aerospace $GE Shares Bought by Temasek Holdings Private Ltd

Temasek Holdings Private Ltd grew its stake in shares of GE Aerospace (NYSE:GEFree Report) by 19.1% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 450,383 shares of the company’s stock after purchasing an additional 72,257 shares during the period. Temasek Holdings Private Ltd’s holdings in GE Aerospace were worth $135,484,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Maia Wealth LLC grew its position in GE Aerospace by 81.5% during the third quarter. Maia Wealth LLC now owns 4,637 shares of the company’s stock worth $1,447,000 after buying an additional 2,082 shares during the period. Newbridge Financial Services Group Inc. lifted its position in shares of GE Aerospace by 9.8% during the 3rd quarter. Newbridge Financial Services Group Inc. now owns 12,956 shares of the company’s stock valued at $3,898,000 after acquiring an additional 1,161 shares during the period. Private Management Group Inc. acquired a new stake in shares of GE Aerospace during the 3rd quarter valued at approximately $946,000. Regal Investment Advisors LLC boosted its stake in shares of GE Aerospace by 6.2% during the 3rd quarter. Regal Investment Advisors LLC now owns 3,027 shares of the company’s stock worth $910,000 after acquiring an additional 177 shares in the last quarter. Finally, Brown Brothers Harriman & Co. boosted its stake in shares of GE Aerospace by 15.5% during the 3rd quarter. Brown Brothers Harriman & Co. now owns 17,395 shares of the company’s stock worth $5,233,000 after acquiring an additional 2,339 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Trading Down 2.4%

Shares of GE opened at $299.25 on Friday. 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 has a 1-year low of $159.36 and a 1-year high of $348.48. The stock has a market cap of $313.85 billion, a price-to-earnings ratio of 36.76, a price-to-earnings-growth ratio of 2.83 and a beta of 1.36. The firm has a 50 day simple moving average of $320.02 and a 200-day simple moving average of $305.32.

GE Aerospace (NYSE:GEGet Free Report) last posted its 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. The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.27 billion. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.GE Aerospace’s 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. Equities analysts forecast that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Stockholders of record on Monday, March 9th will be given a $0.47 dividend. This is an increase from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Monday, March 9th. GE Aerospace’s dividend payout ratio (DPR) is currently 23.10%.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the company. Susquehanna reaffirmed a “positive” rating and issued a $380.00 price objective on shares of GE Aerospace in a research note on Thursday, January 15th. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. BNP Paribas Exane lowered their target price on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a report on Friday, January 23rd. The Goldman Sachs Group raised their price target on GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft lifted their price target on GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $331.12.

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More GE Aerospace News

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Insider Activity at GE Aerospace

In related news, SVP Amy L. Gowder sold 4,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the senior vice president 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 sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Robert M. Giglietti sold 3,035 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the transaction, the vice president owned 10,583 shares in the company, valued at approximately $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 37,398 shares of company stock valued at $11,455,491 over the last quarter. Insiders own 0.21% of the company’s stock.

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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