2,006 Shares in GE Aerospace $GE Purchased by Dupree Financial Group LLC

Dupree Financial Group LLC purchased a new stake in GE Aerospace (NYSE:GE) during the third quarter, HoldingsChannel.com reports. The firm purchased 2,006 shares of the company’s stock, valued at approximately $627,000.

Several other large investors have also recently bought and sold shares of GE. GK Wealth Management LLC purchased a new stake in shares of GE Aerospace during the 3rd quarter worth $25,000. Paladin Partners LLC purchased a new stake in GE Aerospace during the second quarter worth about $38,000. Lifetime Wealth Management P.C. acquired a new position in GE Aerospace during the fourth quarter worth about $40,000. Parvin Asset Management LLC purchased a new position in GE Aerospace in the second quarter valued at about $41,000. Finally, Bayban acquired a new stake in shares of GE Aerospace during the 4th quarter valued at approximately $44,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

NYSE:GE opened at $308.08 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The firm has a market cap of $319.65 billion, a PE ratio of 36.29, a P/E/G ratio of 2.23 and a beta of 1.38. The firm has a 50 day simple moving average of $336.24 and a 200-day simple moving average of $327.50. GE Aerospace has a 1-year low of $268.91 and a 1-year high of $388.84.

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

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 5th will be issued a dividend of $0.47 per share. The ex-dividend date is Monday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on GE shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a research note on Wednesday, July 15th. TD Cowen reaffirmed a “buy” rating and set a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Wells Fargo & Company lowered their price objective on shares of GE Aerospace from $390.00 to $380.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 30th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of GE Aerospace in a report on Wednesday, September 9th. Finally, JPMorgan Chase & Co. raised their price objective on shares of GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $386.67.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace continues to benefit from strong aircraft-engine demand, improving earnings estimates and expectations for robust free cash flow. One analysis describes the stock’s recent decline as a potential buying opportunity, which may be supporting investor interest. GE Aerospace Down 15% in 3 Months: Is This a Buying Opportunity?
• Positive Sentiment: Susquehanna maintained its Buy rating, reinforcing the view that GE’s long-term aerospace growth prospects remain attractive despite the pullback. Susquehanna Sticks to Its Buy Rating for GE Aerospace
• Positive Sentiment: The company highlighted a milestone in its GEK800 turbofan program with Kratos, while also investing $225 million to modernize a research center. These initiatives could strengthen future product development and defense-related opportunities. GE Aerospace Highlights GEK800 Turbofan Program Milestone with Kratos
• Positive Sentiment: GE Aerospace shipped four additional F404 engines for India’s Tejas fighter jets, signaling continued defense-program execution and international demand. GE Aerospace Ships Four More Engines for Tejas Jets
• Neutral Sentiment: Congress Asset Management purchased 7,007 GE Aerospace shares. The transaction provides a modest institutional-confidence signal but is unlikely to materially affect the stock.
• Negative Sentiment: A broad sell-off in commercial aerospace aftermarket stocks is weighing on GE, reflecting concerns about sector valuations and potentially softer near-term aftermarket sentiment. Broad Commercial Aerospace Aftermarket Sell-Off Weighs on GE Aerospace
• Negative Sentiment: GE shares remain well below their recent high, with technical analysts warning that a “death cross” could reinforce bearish momentum and valuation concerns ahead of the company’s October 20 results. GE Aerospace Stock Is Stuck in a Bear Market as a Death Cross Nears
• Negative Sentiment: A competition-regulator referral involving alleged restrictions on independent servicing of medical-imaging equipment adds a regulatory overhang, although the matter appears more closely related to GE’s former healthcare operations than to GE Aerospace.

Insider Activity

In other news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president owned 20,666 shares of the company’s stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is owned by company insiders.

About GE Aerospace

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.