GE Aerospace $GE Shares Bought by SageGuard Financial Group LLC

SageGuard Financial Group LLC grew its position in GE Aerospace (NYSE:GE) by 4.3% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 40,246 shares of the company’s stock after buying an additional 1,646 shares during the period. GE Aerospace accounts for approximately 1.8% of SageGuard Financial Group LLC’s investment portfolio, making the stock its 17th largest position. SageGuard Financial Group LLC’s holdings in GE Aerospace were worth $11,421,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Auto Owners Insurance Co grew its position in GE Aerospace by 52,247.5% in the fourth quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock worth $2,024,413,000 after acquiring an additional 65,595,733 shares during the period. Norges Bank purchased a new stake in GE Aerospace in the fourth quarter valued at $4,444,736,000. Capital World Investors raised its position in GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after purchasing an additional 2,995,054 shares during the period. Corient Private Wealth LLC lifted its stake in shares of GE Aerospace by 382.1% in the 4th quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock valued at $849,325,000 after purchasing an additional 2,185,321 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its stake in shares of GE Aerospace by 1,200.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock valued at $568,935,000 after purchasing an additional 1,705,005 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Key GE Aerospace News

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: Wall Street analysts continue to view GE Aerospace as a buy, which is reinforcing optimism around the stock even though broker ratings can be overly upbeat. Wall Street Analysts Think GE (GE) Is a Good Investment: Is It?
• Positive Sentiment: GE Aerospace declared a quarterly dividend of $0.47 per share, highlighting strong capital returns and ongoing financial strength. GE Aerospace Board of Directors Authorizes Quarterly Dividend
• Positive Sentiment: Analysts expect double-digit earnings growth when GE Aerospace reports second-quarter results next month, which is supporting bullish sentiment. Here’s What to Expect From GE Aerospace’s Next Earnings Report
• Neutral Sentiment: Several articles compared GE Aerospace’s performance with other aerospace stocks, but these were mostly relative-performance pieces rather than new company-specific catalysts. Is GE Aerospace (GE) Stock Outpacing Its Aerospace Peers This Year?
• Neutral Sentiment: GE Aerospace also drew attention for engine demand staying in the spotlight, which underscores a favorable industry backdrop but does not appear to add fresh hard news. GE Aerospace (NYSE:GE) Draws Eyes As Engine Demand Keeps the Spotlight
• Negative Sentiment: One report noted concerns that an advanced combat aircraft project is facing hurdles because of costly GE engines, which could point to pricing or program-related pressure in some defense applications. Advanced combat aircraft project faces hurdle over costly GE engines

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on GE shares. Wells Fargo & Company assumed coverage on GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company. President Capital decreased their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. BNP Paribas Exane lowered their target price on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Sanford C. Bernstein lifted their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Finally, Citigroup reduced their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Trading Down 0.1%

GE opened at $368.66 on Monday. GE Aerospace has a 52 week low of $243.34 and a 52 week high of $379.67. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The business has a fifty day simple moving average of $314.76 and a 200-day simple moving average of $312.19. The firm has a market cap of $384.64 billion, a P/E ratio of 45.40, a P/E/G ratio of 3.27 and a beta of 1.37.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the previous year, the business earned $1.49 EPS. The company’s quarterly revenue 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. On average, equities analysts expect that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is presently 23.15%.

GE Aerospace Company 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.