GE Aerospace $GE Stock: Lincoln Capital Corp Cuts Holdings

Lincoln Capital Corp trimmed its holdings in GE Aerospace (NYSE:GE) by 20.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,305 shares of the company’s stock after selling 2,851 shares during the quarter. GE Aerospace comprises approximately 1.2% of Lincoln Capital Corp’s portfolio, making the stock its 26th largest holding. Lincoln Capital Corp’s holdings in GE Aerospace were worth $3,530,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. First County Bank CT lifted its position in GE Aerospace by 8.1% during the third quarter. First County Bank CT now owns 1,367 shares of the company’s stock worth $427,000 after buying an additional 102 shares in the last quarter. Ring Mountain Capital LLC boosted its stake in GE Aerospace by 4.1% during the third quarter. Ring Mountain Capital LLC now owns 920 shares of the company’s stock worth $287,000 after buying an additional 36 shares during the last quarter. McCollum Christoferson Group LLC purchased a new stake in shares of GE Aerospace in the third quarter valued at about $209,000. Sax Wealth Advisors LLC grew its position in GE Aerospace by 11.6% in the third quarter. Sax Wealth Advisors LLC now owns 11,850 shares of the company’s stock worth $3,701,000 after acquiring an additional 1,228 shares during the period. Finally, NorthCrest Asset Manangement LLC raised its holdings in GE Aerospace by 11.0% in the 3rd quarter. NorthCrest Asset Manangement LLC now owns 7,010 shares of the company’s stock valued at $2,143,000 after buying an additional 697 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: UK-backed Prestwick expansion: GE secured up to £33 million in government funding, alongside approximately £27 million from the company, to modernize its Prestwick maintenance facility. The project is expected to protect 850 jobs and create 150 more, strengthening GE’s long-term engine-maintenance footprint for Boeing 787 aircraft. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
• Positive Sentiment: India growth investment: GE plans to nearly double its India supply-chain spending to $400 million by 2030, increasing local sourcing as commercial aviation demand expands. Management also expects GE- and partner-built CFM engines to power the large majority of new aircraft entering India, supporting future volume and aftermarket opportunities. GE to Double India Sourcing to $400 Million by 2030
• Positive Sentiment: Defense opportunities: GE Aerospace, Shield AI and Poland’s WZL-2 signed a memorandum of understanding to explore F110 engine maintenance for autonomous fighter aircraft. The initiative could broaden GE’s defense and military maintenance pipeline, although it remains an early-stage opportunity. Shield AI and Poland’s WZL-2 Sign MOU
• Positive Sentiment: Analyst support: Susquehanna reportedly set a $430 price target, signaling substantial upside from recent trading levels and reinforcing the bullish view on GE’s aerospace earnings outlook. Susquehanna Sets $430 Target for GE Aerospace
• Neutral Sentiment: Earnings approaching: GE is scheduled to report third-quarter results before the market opens on October 20. Forecast revisions ahead of the report could increase volatility, with investors focused on execution, cash flow and full-year guidance. GE Aerospace Earnings Are Imminent
• Negative Sentiment: CPP acquisition valuation concerns: GE’s planned $11.75 billion purchase of Consolidated Precision Products should improve control over critical castings, but investors are assessing whether the large deal can justify GE’s elevated earnings multiple and avoid integration or execution pressure. GE Aerospace: Can an $11.75 Billion Foundry Deal Defend Its Premium?

GE Aerospace Trading Down 0.2%

Shares of NYSE GE traded down $0.52 during trading on Tuesday, reaching $308.12. The stock had a trading volume of 4,516,473 shares, compared to its average volume of 5,094,584. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. The company has a market cap of $319.69 billion, a P/E ratio of 36.29, a PEG ratio of 2.25 and a beta of 1.38. GE Aerospace has a fifty-two week low of $268.91 and a fifty-two week high of $388.84. The business’s 50-day moving average price is $335.02 and its 200-day moving average price is $327.88.

GE Aerospace (NYSE:GE) last posted its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%. The firm had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. During the same quarter in the prior year, the company earned $1.66 EPS. GE Aerospace’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, equities research analysts predict that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

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 paid a $0.47 dividend. The ex-dividend date of this dividend 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 presently 22.14%.

Insider Activity at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the transaction, the senior vice president owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on GE. TD Cowen reaffirmed a “buy” rating and set a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Jefferies Financial Group set a $435.00 price target on shares of GE Aerospace and gave the company a “buy” rating in a research note on Wednesday, September 23rd. JPMorgan Chase & Co. boosted their price target on shares of GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Susquehanna restated a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. Finally, The Goldman Sachs Group reaffirmed a “buy” rating and set a $410.00 price objective on shares of GE Aerospace in a research report on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $386.67.

GE Aerospace Company Profile

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.