Leelyn Smith LLC Grows Stock Position in GE Aerospace $GE

Leelyn Smith LLC raised its position in GE Aerospace (NYSE:GE) by 1,467.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,381 shares of the company’s stock after buying an additional 10,655 shares during the quarter. Leelyn Smith LLC’s holdings in GE Aerospace were worth $3,230,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Blueline Advisors LLC purchased a new stake in GE Aerospace in the 4th quarter worth about $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace in the 4th quarter valued at about $31,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace during the fourth quarter valued at about $32,000. Lifetime Wealth Management P.C. purchased a new stake in GE Aerospace during the fourth quarter valued at about $40,000. Finally, Beaird Harris Wealth Management LLC lifted its holdings in GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE opened at $377.14 on Friday. GE Aerospace has a 52-week low of $243.34 and a 52-week high of $382.97. The stock’s 50-day simple moving average is $322.83 and its 200 day simple moving average is $315.01. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The stock has a market capitalization of $393.49 billion, a price-to-earnings ratio of 46.45, a price-to-earnings-growth ratio of 3.35 and a beta of 1.35.

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 return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the firm 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. Research analysts forecast that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s payout ratio is currently 23.15%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the stock. Royal Bank Of Canada reiterated an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. President Capital cut their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Finally, Daiwa Securities Group initiated coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $357.56.

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.