LGT Fund Management Co Ltd. Purchases 16,058 Shares of GE Aerospace $GE

LGT Fund Management Co Ltd. grew its position in shares of GE Aerospace (NYSE:GE) by 154.6% in the first quarter, Holdings Channel reports. The firm owned 26,446 shares of the company’s stock after purchasing an additional 16,058 shares during the period. LGT Fund Management Co Ltd.’s holdings in GE Aerospace were worth $7,505,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Blueline Advisors LLC purchased a new position in GE Aerospace during the fourth quarter worth about $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace during the fourth quarter worth about $31,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace in the fourth quarter worth approximately $32,000. Lifetime Wealth Management P.C. purchased a new stake in GE Aerospace in the fourth quarter valued at approximately $40,000. Finally, Beaird Harris Wealth Management LLC raised its stake in GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: Investors are positioning for a strong July 16 earnings report, with expectations for revenue and EPS growth and the possibility of another beat. Top Wall Street Forecasters Revamp GE Aerospace Expectations Ahead Of Q2 Earnings
• Positive Sentiment: Analysts and commentators say GE’s defense and propulsion unit is benefiting from strong orders, major contracts, and rising military demand. Will Strength in Defense & Propulsion Unit Continue to Drive GE’s Momentum?
• Positive Sentiment: GE Aerospace is being described as a high-quality industrial name with a strong installed base and consistent service revenue, supporting investor confidence. GE Aerospace (GE) Rallied Amid Investors’ Confidence
• Neutral Sentiment: Some investors are warning that the stock’s sharp run means valuation matters, and much of the optimism may already be priced in. GE Aerospace: Great Company, But Price Matters
• Neutral Sentiment: Broader coverage has kept GE Aerospace in the spotlight, with traders focused on whether earnings can extend the stock’s current momentum. GE Aerospace Is a No-Brainer Buy Before July 16 Earnings. Here’s Why

GE Aerospace Trading Up 0.1%

Shares of NYSE:GE traded up $0.29 on Friday, reaching $359.33. 2,334,269 shares of the company traded hands, compared to its average volume of 4,698,848. The stock has a market capitalization of $374.90 billion, a P/E ratio of 44.25, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35. The business’s 50-day simple moving average is $330.74 and its 200 day simple moving average is $317.23. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. GE Aerospace has a 52 week low of $251.40 and a 52 week high of $382.97.

GE Aerospace (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts anticipate that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 6th. GE Aerospace’s dividend payout ratio is 23.15%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on GE shares. President Capital cut their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Citigroup reiterated a “buy” rating and issued a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Susquehanna reiterated a “positive” rating and set a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research report on Thursday. Finally, BNP Paribas Exane dropped their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $360.33.

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.