NEOS Investment Management LLC Purchases 37,913 Shares of GE Aerospace $GE

NEOS Investment Management LLC raised its holdings in shares of GE Aerospace (NYSE:GE) by 36.8% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 140,819 shares of the company’s stock after acquiring an additional 37,913 shares during the quarter. NEOS Investment Management LLC’s holdings in GE Aerospace were worth $42,361,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Diversified Trust Co increased its stake in shares of GE Aerospace by 21.3% during the third quarter. Diversified Trust Co now owns 32,021 shares of the company’s stock worth $9,633,000 after purchasing an additional 5,625 shares during the period. Cadinha & Co. LLC grew its holdings in GE Aerospace by 154.8% in the 3rd quarter. Cadinha & Co. LLC now owns 97,280 shares of the company’s stock valued at $29,264,000 after buying an additional 59,106 shares in the last quarter. Police & Firemen s Retirement System of New Jersey increased its position in GE Aerospace by 1.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 159,682 shares of the company’s stock worth $41,101,000 after buying an additional 2,779 shares during the period. Czech National Bank lifted its holdings in shares of GE Aerospace by 3.3% during the third quarter. Czech National Bank now owns 269,330 shares of the company’s stock worth $81,020,000 after buying an additional 8,668 shares in the last quarter. Finally, Phoenix Financial Ltd. boosted its position in shares of GE Aerospace by 34.3% in the third quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock valued at $6,808,000 after acquiring an additional 5,775 shares during the period. Institutional investors own 74.77% of the company’s stock.

Insider Transactions at GE Aerospace

In other news, SVP Amy L. Gowder sold 4,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $305.73, for a total value of $1,222,920.00. Following the completion of the transaction, the senior vice president owned 16,535 shares of the company’s stock, valued at approximately $5,055,245.55. This represents a 19.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction that occurred on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the sale, the senior vice president directly owned 150,434 shares in the company, valued at $46,103,507.98. This trade represents a 16.79% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 45,398 shares of company stock valued at $13,837,171. 0.21% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Wolfe Research lifted their price objective on shares of GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research note on Monday, October 27th. TD Cowen increased their price target on GE Aerospace from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group raised their price objective on GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Finally, Citigroup reiterated a “buy” rating and set a $380.00 target price (up from $378.00) on shares of GE Aerospace in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace has an average rating of “Moderate Buy” and a consensus price target of $319.00.

GE Aerospace Stock Performance

Shares of NYSE:GE opened at $315.24 on Tuesday. GE Aerospace has a 1 year low of $159.36 and a 1 year high of $332.79. The stock has a market capitalization of $330.63 billion, a price-to-earnings ratio of 38.73, a price-to-earnings-growth ratio of 2.91 and a beta of 1.40. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The company’s 50 day simple moving average is $310.11 and its 200 day simple moving average is $297.70.

GE Aerospace (NYSE:GE) last released its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The firm had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.27 billion. During the same period in the prior year, the company earned $1.32 earnings per share. The company’s quarterly revenue was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, research analysts predict that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, March 9th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, March 9th. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 annualized dividend and a yield of 0.6%. GE Aerospace’s payout ratio is presently 17.69%.

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.