GE Aerospace $GE is New Millennium Group LLC’s 9th Largest Position

New Millennium Group LLC boosted its position in GE Aerospace (NYSE:GE) by 46.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,122 shares of the company’s stock after purchasing an additional 6,985 shares during the quarter. GE Aerospace comprises 3.0% of New Millennium Group LLC’s investment portfolio, making the stock its 9th biggest position. New Millennium Group LLC’s holdings in GE Aerospace were worth $6,655,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the company. Brighton Jones LLC grew its position in GE Aerospace by 25.3% during the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after buying an additional 2,421 shares in the last quarter. Revolve Wealth Partners LLC boosted its position in shares of GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock valued at $375,000 after acquiring an additional 150 shares during the last quarter. Sivia Capital Partners LLC boosted its position in shares of GE Aerospace by 4.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after acquiring an additional 191 shares during the last quarter. D.A. Davidson & CO. grew its holdings in shares of GE Aerospace by 8.1% during the second quarter. D.A. Davidson & CO. now owns 39,017 shares of the company’s stock worth $10,043,000 after purchasing an additional 2,907 shares in the last quarter. Finally, Brookstone Capital Management increased its position in shares of GE Aerospace by 2.5% in the second quarter. Brookstone Capital Management now owns 21,856 shares of the company’s stock worth $5,625,000 after purchasing an additional 531 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

GE Aerospace Stock Up 1.5%

Shares of NYSE:GE opened at $334.47 on Friday. The stock has a market capitalization of $350.79 billion, a P/E ratio of 41.09, a price-to-earnings-growth ratio of 3.04 and a beta of 1.40. The stock’s 50-day moving average price is $312.79 and its 200-day moving average price is $298.58. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. GE Aerospace has a 12-month low of $159.36 and a 12-month high of $335.88.

GE Aerospace (NYSE:GE) last issued its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, beating 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 company 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 business posted $1.32 EPS. GE Aerospace’s quarterly revenue was up 17.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current year.

GE Aerospace Increases Dividend

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

Insider Activity 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 transaction of $1,222,920.00. Following the completion of the sale, the senior vice president directly owned 16,535 shares in the company, 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 document filed with the SEC, which is accessible through this hyperlink. Also, SVP Russell Stokes sold 30,363 shares of the firm’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $306.47, for a total value of $9,305,348.61. Following the completion of the sale, the senior vice president directly owned 150,434 shares in the company, valued at $46,103,507.98. The trade was a 16.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 37,398 shares of company stock worth $11,455,491 in the last three months. 0.21% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on GE. The Goldman Sachs Group lifted their target price on shares of GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Citigroup reaffirmed a “buy” rating and set a $380.00 price objective (up from $378.00) on shares of GE Aerospace in a report on Friday, January 23rd. Wolfe Research upped their target price on shares of GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Bank of America raised their price target on GE Aerospace from $310.00 to $365.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Finally, Wall Street Zen raised GE Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, January 24th. One investment 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 data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $329.29.

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.