GE Aerospace $GE Position Increased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. boosted its stake in shares of GE Aerospace (NYSE:GE) by 9.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 199,063 shares of the company’s stock after purchasing an additional 16,943 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in GE Aerospace were worth $59,882,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Bare Financial Services Inc increased its holdings in shares of GE Aerospace by 81.1% in the 2nd quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock worth $25,000 after acquiring an additional 43 shares during the period. Marquette Asset Management LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $26,000. Lavaca Capital LLC increased its stake in shares of GE Aerospace by 1,666.7% in the second quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock valued at $27,000 after purchasing an additional 100 shares during the period. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of GE Aerospace by 147.2% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after buying an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. boosted its position in shares of GE Aerospace by 113.5% during the second quarter. IMG Wealth Management Inc. now owns 111 shares of the company’s stock worth $29,000 after buying an additional 59 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on GE. Susquehanna reaffirmed a “positive” rating and set a $380.00 target price on shares of GE Aerospace in a research note on Thursday, January 15th. UBS Group set a $374.00 price target on GE Aerospace and gave the company a “buy” rating in a report on Friday, January 23rd. JPMorgan Chase & Co. upped their price objective on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday. The Goldman Sachs Group raised their target price on shares of GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Deutsche Bank Aktiengesellschaft boosted their price target on shares of GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Sixteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and an average price target of $319.00.

GE Aerospace News Roundup

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

• Positive Sentiment: Successful hybrid?electric engine tests with NASA (demonstrated core functions of the prototype and a narrowbody hybrid?electric ground test), reinforcing GE Aerospace’s technology edge and long?term growth potential. NASA, GE Aerospace Hybrid Engine Under HyTEC Program
• Positive Sentiment: Citi added GE to its high?conviction focus list and laid out an ambitious path to a much larger market cap, giving investors a bullish, long?term thesis from a major bank. Citi adds GE to high-conviction focus list
• Positive Sentiment: JPMorgan raised its price target to $335, signalling confidence in GE Aerospace’s revenue and profit trajectory; analyst PT increases can support the stock once sentiment normalizes. JPMorgan Boosts GE Aerospace Price Target
• Positive Sentiment: Commentary from The Motley Fool argues the market overreacted to near?term margin noise and that the developments are long?term positives for the business. The Market Is Wrong to Sell Off GE Aerospace Stock
• Neutral Sentiment: Coverage roundup / analyst optimism — media pieces note that many sell?side analysts remain constructive, which dampens downside risk but doesn’t eliminate short?term volatility. Is GE a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Delta Airlines reached a settlement involving GEnx engines amid unrelated defense tests reporting, a transactional update that is not expected to materially change GE Aerospace’s core commercial aftermarket trajectory. Delta Airlines Settles on GE GEnx Engines
• Neutral Sentiment: GE Appliances announced new U.S. water?filter manufacturing initiatives — relevant to the broader GE ecosystem but largely unrelated to GE Aerospace’s aerospace earnings drivers. GE Appliances Announces Water Filter Manufacturing
• Negative Sentiment: Near?term margin pressure cited after recent updates appears to have triggered the sell?off; that short?term profitability concern is the main driver of today’s weakness even as longer?term catalysts remain intact. The Market Is Wrong to Sell Off GE Aerospace Stock

GE Aerospace Price Performance

NYSE:GE opened at $292.16 on Thursday. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. The business’s 50-day moving average price is $304.83 and its 200 day moving average price is $293.35. GE Aerospace has a 52-week low of $159.36 and a 52-week high of $332.79. The firm has a market cap of $308.17 billion, a P/E ratio of 35.89, a PEG ratio of 2.77 and a beta of 1.40.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, beating the consensus estimate of $1.43 by $0.14. The company had revenue of $11.90 billion during the quarter, compared to analyst estimates of $11.27 billion. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts predict that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, January 26th. Stockholders of record on Monday, December 29th were given a dividend of $0.36 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace’s payout ratio is 17.69%.

Insiders Place Their Bets

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the completion of the sale, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $44,785,706.14. This represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.21% of the company’s stock.

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.