Y Intercept Hong Kong Ltd Has $11.57 Million Stake in GE Aerospace $GE

Y Intercept Hong Kong Ltd increased its position in shares of GE Aerospace (NYSE:GE) by 709.4% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,767 shares of the company’s stock after acquiring an additional 35,730 shares during the period. Y Intercept Hong Kong Ltd’s holdings in GE Aerospace were worth $11,568,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of GE. Blueline Advisors LLC acquired a new position in shares of GE Aerospace in the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC acquired a new stake in GE Aerospace during the 4th quarter worth approximately $31,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace during the 4th quarter worth approximately $32,000. Lifetime Wealth Management P.C. bought a new stake in GE Aerospace during the 4th quarter worth approximately $40,000. Finally, Legacy Bridge LLC grew its holdings in GE Aerospace by 3,375.0% during the 4th quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after acquiring an additional 135 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

Key GE Aerospace News

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

• Positive Sentiment: Jefferies raised its price target on GE Aerospace to $455 from $365 and kept a buy rating, reinforcing confidence in further upside for the stock. Jefferies price-target hike coverage
• Positive Sentiment: Citi also increased its price target to $431 from $353, citing continued strength in the company’s rebound and improving outlook. Citi target increase article
• Positive Sentiment: Multiple articles highlight GE Aerospace’s strong engine demand and its position as a cash-flow-rich aerospace leader with a wide moat, which supports investor optimism. Earnings preview article
• Positive Sentiment: GE Aerospace completed a ground test of a megawatt-class hybrid-electric engine system, signaling continued progress in next-generation aerospace technology. Hybrid-electric engine test article
• Neutral Sentiment: The company is continuing to invest in Southwest Ohio as an aerospace innovation hub, a reminder that GE Aerospace is backing long-term engineering and manufacturing capabilities. Southwest Ohio innovation hub article
• Neutral Sentiment: GE is also being watched ahead of its July 16 earnings release, with investors focused on whether the company can extend its recent streak of earnings beats and strong guidance. Earnings expectations article
• Negative Sentiment: GE’s valuation is already rich after a large run-up, so some of the recent enthusiasm may already be reflected in the share price. Valuation and run-up article

GE Aerospace Stock Up 0.6%

GE Aerospace stock opened at $377.14 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. GE Aerospace has a 52-week low of $243.34 and a 52-week high of $382.97. The firm has a 50 day moving average price of $320.81 and a two-hundred day moving average price of $314.58. The firm has a market cap of $393.49 billion, a price-to-earnings ratio of 46.45, a PEG ratio of 3.32 and a beta of 1.35.

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

GE Aerospace Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on GE shares. Daiwa Securities Group began coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. President Capital decreased their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Seaport Research Partners started coverage on GE Aerospace in a report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company. Finally, Wells Fargo & Company assumed coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $357.56.

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.