GE Aerospace $GE Shares Purchased by Bornite Capital Management LP

Bornite Capital Management LP boosted its stake in GE Aerospace (NYSE:GE) by 1,150.0% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 80,000 shares of the company’s stock after acquiring an additional 73,600 shares during the period. GE Aerospace comprises approximately 3.8% of Bornite Capital Management LP’s portfolio, making the stock its 17th largest position. Bornite Capital Management LP’s holdings in GE Aerospace were worth $29,898,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace during the fourth quarter worth about $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the 4th quarter valued at about $31,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the 4th quarter worth approximately $32,000. Paladin Partners LLC purchased a new position in GE Aerospace during the 2nd quarter worth approximately $38,000. Finally, Lifetime Wealth Management P.C. acquired a new position in GE Aerospace during the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on GE. BNP Paribas Exane reduced their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, July 17th. Sanford C. Bernstein set a $421.00 target price on shares of GE Aerospace and gave the company an “outperform” rating in a report on Thursday, July 23rd. UBS Group upped their price target on shares of GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a research note on Monday, July 20th. Sixteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $390.59.

Key GE Aerospace News

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

• Positive Sentiment: South Korea’s navy selected GE Aerospace to supply engines for its new KDDX destroyers. The award expands GE’s international defense presence and could support future propulsion revenue. ROK Navy Selects GE Aerospace to Power New KDDX Destroyer
• Positive Sentiment: GE Aerospace plans to flight-test its HyCAT hypersonic test bed in 2028 after winning a related program. The effort strengthens the company’s positioning in hypersonic and advanced-defense technologies, although meaningful revenue is likely several years away. GE Aerospace Boosts Hypersonic Hopes With HyCAT Win
• Positive Sentiment: GE expects full qualification of its T901 helicopter engine by the end of next year. Qualification would remove an important development milestone and potentially advance adoption of the engine in U.S. Army programs. GE Aerospace Anticipates Full Qualification of T901
• Positive Sentiment: Market coverage continues to highlight GE’s longer-term outperformance versus the Nasdaq and strong analyst sentiment. This supports the investment case, though it may already be reflected in the stock’s elevated valuation. Is GE Aerospace Stock Outperforming the Nasdaq?
• Neutral Sentiment: Indian aviation authorities said a 2023 Air India 787 engine shutdown prompted GE Aerospace to expand inspection requirements. The report underscores additional oversight and potential maintenance implications, but does not identify a new incident or financial impact. DGCA Says Air India Engine Shutdown Prompted Expanded GE Inspections
• Negative Sentiment: GE fell more than the broader market in the latest trading session. Available coverage describes the move but provides no clear company-specific catalyst, suggesting profit-taking or market positioning may have contributed after the stock’s prior gains. Why GE Aerospace Fell More Than the Broader Market

GE Aerospace Stock Down 1.4%

GE opened at $330.86 on Wednesday. GE Aerospace has a 52 week low of $268.01 and a 52 week high of $388.84. The business has a 50 day moving average price of $359.43 and a two-hundred day moving average price of $328.42. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The company has a market cap of $343.29 billion, a PE ratio of 38.97, a P/E/G ratio of 2.45 and a beta of 1.36.

GE Aerospace (NYSE:GE) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company’s revenue was up 21.1% on a year-over-year basis. During the same period last year, the business posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts anticipate that GE Aerospace will post 7.91 EPS 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 given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date was Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

Insiders Place Their Bets

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the transaction, the senior vice president directly owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. The trade was a 28.15% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.19% of the stock is currently owned by company insiders.

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.