Versant Capital Management Inc Cuts Position in GE Aerospace $GE

Versant Capital Management Inc decreased its holdings in shares of GE Aerospace (NYSE:GE) by 12.9% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,483 shares of the company’s stock after selling 2,150 shares during the period. Versant Capital Management Inc’s holdings in GE Aerospace were worth $5,413,000 as of its most recent SEC filing.

Other large investors have also recently made changes to their positions in the company. Hilltop National Bank boosted its position in shares of GE Aerospace by 6.5% in the 2nd quarter. Hilltop National Bank now owns 1,343 shares of the company’s stock worth $502,000 after purchasing an additional 82 shares in the last quarter. Eastern Bank grew its stake in shares of GE Aerospace by 3.5% in the 2nd quarter. Eastern Bank now owns 11,211 shares of the company’s stock worth $4,190,000 after buying an additional 384 shares during the last quarter. Roxbury Financial LLC increased its position in GE Aerospace by 12.5% during the 2nd quarter. Roxbury Financial LLC now owns 343 shares of the company’s stock valued at $128,000 after buying an additional 38 shares in the last quarter. Basecamp Wealth Advisors LLC increased its position in GE Aerospace by 5.0% during the 1st quarter. Basecamp Wealth Advisors LLC now owns 2,872 shares of the company’s stock valued at $815,000 after buying an additional 136 shares in the last quarter. Finally, Ballast Advisors LLC raised its stake in GE Aerospace by 9.4% during the first quarter. Ballast Advisors LLC now owns 2,445 shares of the company’s stock valued at $694,000 after buying an additional 210 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the sale, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. This represents a 28.15% 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. 0.19% of the stock is owned by insiders.

GE Aerospace Trading Up 2.7%

Shares of GE stock opened at $369.63 on Tuesday. GE Aerospace has a 12-month low of $263.80 and a 12-month high of $382.97. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. The firm’s 50 day moving average is $349.22 and its 200 day moving average is $321.22. The stock has a market capitalization of $383.51 billion, a P/E ratio of 43.54, a P/E/G ratio of 2.63 and a beta of 1.36.

GE Aerospace (NYSE:GE) last posted its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. The business had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were issued a $0.47 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s payout ratio is presently 22.14%.

Analysts Set New Price Targets

Several equities research analysts have commented on GE shares. Sanford C. Bernstein set a $421.00 target price on GE Aerospace and gave the stock an “outperform” rating in a report on Thursday, July 23rd. Citigroup restated a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. UBS Group upped their price target on shares of GE Aerospace from $426.00 to $435.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Seaport Research Partners initiated coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price objective on the stock. Finally, Morgan Stanley reduced their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $390.59.

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.