Louisiana State Employees Retirement System bought a new position in GE Aerospace (NYSE:GE – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 53,400 shares of the company’s stock, valued at approximately $15,153,000.
A number of other hedge funds have also added to or reduced their stakes in GE. High Falls Advisors Inc increased its position in shares of GE Aerospace by 3.0% during the fourth quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock valued at $329,000 after buying an additional 31 shares during the period. Wolff Wiese Magana LLC grew its stake in shares of GE Aerospace by 1.0% in the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after buying an additional 33 shares during the last quarter. Darwin Wealth Management LLC grew its stake in shares of GE Aerospace by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after acquiring an additional 33 shares during the last quarter. Montz Harcus Wealth Management LLC grew its position in GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares during the last quarter. Finally, LRI Investments LLC increased its position in shares of GE Aerospace by 1.4% during the fourth quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after acquiring an additional 33 shares in the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.
GE Aerospace Stock Up 1.3%
Shares of GE opened at $370.74 on Friday. The company has a market cap of $386.81 billion, a PE ratio of 45.66, a P/E/G ratio of 3.24 and a beta of 1.37. The business has a fifty day moving average of $313.66 and a 200 day moving average of $311.61. GE Aerospace has a 52-week low of $243.34 and a 52-week high of $379.67. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99.
GE Aerospace Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend is Monday, July 6th. GE Aerospace’s dividend payout ratio is 23.15%.
Analysts Set New Price Targets
GE has been the subject of several research analyst reports. Citigroup reduced their price objective on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. 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. Royal Bank Of Canada restated an “outperform” rating and set a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Finally, Sanford C. Bernstein upped their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.
Read Our Latest Stock Report on GE Aerospace
Trending Headlines about GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace authorized a quarterly dividend of $0.47 per share, payable July 27, 2026, signaling steady cash flow and continued capital returns to shareholders. GE Aerospace Board of Directors Authorizes Quarterly Dividend
- Positive Sentiment: The dividend announcement can support investor sentiment by highlighting financial strength and management’s willingness to reward shareholders. GE Aerospace Board of Directors Authorizes Quarterly Dividend
- Neutral Sentiment: The board approved bylaw amendments to refine shareholder governance and meeting procedures, which appears aimed at tightening corporate controls rather than changing operations or near-term earnings. GE Aerospace Tightens Bylaws and Shareholder Governance Rules
- Negative Sentiment: Separate news flow around GE’s engines being tied to cost concerns in India and an ongoing aircraft-incident analysis may create some reputational overhang, though these items are less directly tied to the stock’s immediate move. GE sends AI 171 engine analysis, final AAIB report likely in 2 months
GE Aerospace 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.
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