Three Seasons Wealth LLC Buys Shares of 1,859 GE Aerospace $GE

Three Seasons Wealth LLC bought a new position in shares of GE Aerospace (NYSE:GE) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,859 shares of the company’s stock, valued at approximately $559,000.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Grove Bank & Trust lifted its stake in GE Aerospace by 1.0% during the third quarter. Grove Bank & Trust now owns 3,537 shares of the company’s stock valued at $1,064,000 after purchasing an additional 35 shares during the last quarter. Perkins Coie Trust Co lifted its holdings in shares of GE Aerospace by 7.9% in the third quarter. Perkins Coie Trust Co now owns 492 shares of the company’s stock valued at $148,000 after purchasing an additional 36 shares in the last quarter. Terril Brothers Inc. boosted its position in GE Aerospace by 2.7% during the 2nd quarter. Terril Brothers Inc. now owns 1,406 shares of the company’s stock worth $362,000 after acquiring an additional 37 shares during the period. New England Capital Financial Advisors LLC boosted its holdings in shares of GE Aerospace by 5.0% during the second quarter. New England Capital Financial Advisors LLC now owns 772 shares of the company’s stock worth $199,000 after purchasing an additional 37 shares during the period. Finally, First Financial Bank Trust Division boosted its stake in shares of GE Aerospace by 0.7% during the 3rd quarter. First Financial Bank Trust Division now owns 5,176 shares of the company’s stock valued at $1,557,000 after buying an additional 37 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the company’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the transaction, the senior vice president owned 150,434 shares of the company’s stock, valued at approximately $44,785,706.14. This represents a 5.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is owned by company insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on the company. Wolfe Research boosted their price target on GE Aerospace from $280.00 to $330.00 and gave the company an “outperform” rating in a research note on Thursday, October 9th. Susquehanna assumed coverage on GE Aerospace in a report on Thursday, December 4th. They set a “positive” rating and a $350.00 price target on the stock. BNP Paribas raised shares of GE Aerospace to a “strong sell” rating in a research report on Tuesday, November 18th. Sanford C. Bernstein reissued an “outperform” rating on shares of GE Aerospace in a research report on Monday, October 27th. Finally, JPMorgan Chase & Co. increased their target price on shares of GE Aerospace from $275.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Sixteen analysts have rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and an average price target of $309.94.

GE Aerospace Trading Down 0.5%

Shares of GE Aerospace stock opened at $315.30 on Monday. The stock has a market capitalization of $332.58 billion, a P/E ratio of 42.10, a price-to-earnings-growth ratio of 2.43 and a beta of 1.40. The company has a 50-day simple moving average of $301.31 and a 200 day simple moving average of $282.68. The company has a quick ratio of 0.76, a current ratio of 1.08 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12-month low of $159.36 and a 12-month high of $318.06.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, October 21st. The company reported $1.66 EPS for the quarter, topping the consensus estimate of $1.46 by $0.20. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.The business had revenue of $11.31 billion for the quarter, compared to the consensus estimate of $10.29 billion. During the same period in the previous year, the business earned $1.15 EPS. GE Aerospace’s revenue was up 26.4% compared to the same quarter last year. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. Research analysts expect that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Shareholders of record on Monday, December 29th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace’s payout ratio is currently 19.23%.

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.