GE Aerospace Plans Quarterly Dividend of $0.47 (NYSE:GE)

GE Aerospace (NYSE:GE) announced a quarterly dividend on Thursday, June 25th. Shareholders of record on Monday, July 6th will be paid a dividend of 0.47 per share on Monday, July 27th. This represents a c) dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, July 6th.

GE Aerospace has raised its dividend by an average of 0.4%per year over the last three years and has increased its dividend every year for the last 2 years. GE Aerospace has a payout ratio of 29.0% indicating that its dividend is sufficiently covered by earnings. Research analysts expect GE Aerospace to earn $8.67 per share next year, which means the company should continue to be able to cover its $1.88 annual dividend with an expected future payout ratio of 21.7%.

GE Aerospace Price Performance

Shares of NYSE:GE traded up $4.86 during midday trading on Thursday, reaching $370.74. 7,387,499 shares of the company were exchanged, compared to its average volume of 4,830,552. The stock has a market cap of $386.81 billion, a PE ratio of 45.66, a price-to-earnings-growth ratio of 3.24 and a beta of 1.37. The business’s fifty day moving average is $312.60 and its two-hundred day moving average is $311.00. GE Aerospace has a one year low of $243.34 and a one year high of $379.67. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the firm posted $1.49 earnings per share. GE Aerospace’s revenue for the quarter was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts predict that GE Aerospace will post 7.48 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. High Falls Advisors Inc lifted its holdings in GE Aerospace by 3.0% in the fourth quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock valued at $329,000 after acquiring an additional 31 shares during the period. Wolff Wiese Magana LLC increased its holdings in shares of GE Aerospace by 1.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares in the last quarter. Montz Harcus Wealth Management LLC increased its holdings in shares of GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares in the last quarter. Darwin Wealth Management LLC increased its holdings in shares of GE Aerospace by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after purchasing an additional 33 shares in the last quarter. Finally, LRI Investments LLC lifted its stake in shares of GE Aerospace by 1.4% in the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after purchasing an additional 33 shares during the period. Hedge funds and other institutional investors own 74.77% of the company’s stock.

About GE Aerospace

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.