GE Aerospace $GE Holdings Decreased by Westbourne Investments Inc.

Westbourne Investments Inc. trimmed its position in shares of GE Aerospace (NYSE:GE) by 8.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,776 shares of the company’s stock after selling 2,622 shares during the period. GE Aerospace comprises 4.1% of Westbourne Investments Inc.’s investment portfolio, making the stock its 2nd largest position. Westbourne Investments Inc.’s holdings in GE Aerospace were worth $8,864,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. REAP Financial Group LLC purchased a new position in GE Aerospace in the 3rd quarter worth approximately $25,000. Marquette Asset Management LLC purchased a new position in GE Aerospace in the 3rd quarter worth approximately $26,000. Lavaca Capital LLC increased its stake in GE Aerospace by 1,666.7% in the 2nd quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the period. Barnes Dennig Private Wealth Management LLC increased its stake in GE Aerospace by 147.2% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock worth $27,000 after purchasing an additional 53 shares during the period. Finally, Roble Belko & Company Inc increased its stake in GE Aerospace by 98.1% in the 3rd quarter. Roble Belko & Company Inc now owns 103 shares of the company’s stock worth $31,000 after purchasing an additional 51 shares during the period. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace Price Performance

Shares of GE stock opened at $308.04 on Thursday. The firm has a market cap of $323.07 billion, a P/E ratio of 37.84, a P/E/G ratio of 2.60 and a beta of 1.43. GE Aerospace has a fifty-two week low of $165.70 and a fifty-two week high of $348.48. The business’s 50 day moving average price is $311.45 and its 200-day moving average price is $306.57. 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 (NYSE:GE) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, topping 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%.The business’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the company earned $1.32 EPS. 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 year.

GE Aerospace Increases Dividend

The firm 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. The ex-dividend date is Monday, March 9th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. This is an increase from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s dividend payout ratio is 23.10%.

Insider Transactions at GE Aerospace

In other news, SVP Russell Stokes sold 30,363 shares of the stock in a transaction that occurred on 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 transaction, the senior vice president owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. This represents a 16.79% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Amy L. Gowder sold 4,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was 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 directly owned 16,535 shares of the company’s stock, valued at $5,055,245.55. This represents a 19.48% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 37,398 shares of company stock worth $11,455,491. 0.19% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

GE has been the topic of a number of analyst reports. Susquehanna reaffirmed a “positive” rating and issued a $380.00 price target on shares of GE Aerospace in a research note on Thursday, January 15th. BNP Paribas Exane decreased their price target on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a research note on Friday, January 23rd. Morgan Stanley initiated coverage on GE Aerospace in a research note on Friday, February 20th. They issued an “overweight” rating and a $425.00 price target on the stock. Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target on the stock. Finally, Wolfe Research lifted their price target on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. One analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus target price of $350.88.

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.