Bradley Foster & Sargent Inc. CT Has $83.69 Million Position in GE Aerospace $GE

Bradley Foster & Sargent Inc. CT grew its holdings in shares of GE Aerospace (NYSE:GE) by 0.6% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 294,930 shares of the company’s stock after purchasing an additional 1,666 shares during the period. GE Aerospace comprises approximately 1.3% of Bradley Foster & Sargent Inc. CT’s holdings, making the stock its 17th largest holding. Bradley Foster & Sargent Inc. CT’s holdings in GE Aerospace were worth $83,692,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GE. Lombard Odier Asset Management Switzerland SA acquired a new stake in shares of GE Aerospace in the first quarter valued at about $868,000. Windsor Advisory Group LLC bought a new position in GE Aerospace in the first quarter valued at approximately $223,000. Waverly Advisors LLC increased its position in shares of GE Aerospace by 2.3% during the 1st quarter. Waverly Advisors LLC now owns 57,619 shares of the company’s stock worth $16,350,000 after purchasing an additional 1,280 shares during the last quarter. Van Den Berg Management I Inc. acquired a new position in shares of GE Aerospace during the 1st quarter worth approximately $222,000. Finally, Wealth Alliance LLC increased its position in shares of GE Aerospace by 22.6% during the 1st quarter. Wealth Alliance LLC now owns 4,301 shares of the company’s stock worth $1,221,000 after purchasing an additional 793 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Price Performance

Shares of NYSE GE opened at $353.71 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The business’s 50 day moving average price is $341.50 and its two-hundred day moving average price is $319.67. The company has a market cap of $367.00 billion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 2.70 and a beta of 1.35. GE Aerospace has a twelve month low of $261.71 and a twelve month high of $382.97.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same period last year, the firm posted $1.66 earnings per share. The business’s revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, analysts predict that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio is 22.14%.

More GE Aerospace News

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

• Positive Sentiment: GE Aerospace and CFM announced commitments for about 1,800 engines, highlighted by IndiGo’s order for more than 1,000 LEAP-1A engines — the largest single LEAP order ever and a major backlog booster. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: The company also won additional widebody engine business, including GEnx-1B orders for Philippine Airlines and AerCap, reinforcing demand in the commercial services and engines franchise. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: GE Aerospace said FAA and EASA certified durability upgrades for the LEAP-1B engine, which should reduce maintenance burden and improve engine time on wing — a favorable sign for margins and aftermarket revenue. GE Aerospace Concludes Farnborough Airshow with Record Engine Orders, Durability Advances and Hybrid Electric Flight Milestones
• Positive Sentiment: Management also highlighted a milestone in hybrid-electric flight above 30,000 feet and new defense-related collaborations, signaling continued investment in future aerospace technologies and military demand. GE Aerospace Wraps Historic Farnborough Airshow
• Neutral Sentiment: Several analyst notes and stock-trend articles are also keeping GE in focus, but the main stock-moving catalyst today appears to be the company’s strong order announcements and product-certificate news. GE Aerospace (GE) Is a Trending Stock: Facts to Know Before Betting on It

Wall Street Analyst Weigh In

GE has been the subject of several recent analyst reports. President Capital cut their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. JPMorgan Chase & Co. boosted their target price on shares of GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Royal Bank Of Canada restated an “outperform” rating and set a $400.00 target price (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. Citigroup reaffirmed a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Finally, Sanford C. Bernstein set a $421.00 price target on shares of GE Aerospace and gave the company an “outperform” rating in a research note on Thursday. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus price target of $386.88.

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.