TD Waterhouse Canada Inc. Boosts Stake in GE Aerospace $GE

TD Waterhouse Canada Inc. boosted its holdings in shares of GE Aerospace (NYSE:GE) by 2.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 239,952 shares of the company’s stock after buying an additional 4,888 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in GE Aerospace were worth $72,246,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in GE. Norges Bank purchased a new position in shares of GE Aerospace in the 2nd quarter worth $3,408,828,000. Jennison Associates LLC boosted its stake in shares of GE Aerospace by 21.5% during the third quarter. Jennison Associates LLC now owns 8,430,878 shares of the company’s stock valued at $2,536,177,000 after purchasing an additional 1,494,541 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of GE Aerospace by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 91,989,511 shares of the company’s stock valued at $23,677,180,000 after buying an additional 1,482,069 shares in the last quarter. Lazard Asset Management LLC grew its stake in GE Aerospace by 4,253.7% during the 2nd quarter. Lazard Asset Management LLC now owns 796,422 shares of the company’s stock worth $204,991,000 after buying an additional 778,129 shares during the last quarter. Finally, Geode Capital Management LLC increased its stake in GE Aerospace by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 24,113,967 shares of the company’s stock valued at $6,181,956,000 after purchasing an additional 724,559 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Key GE Aerospace News

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 Stock Performance

NYSE GE opened at $292.16 on Thursday. The company has a market capitalization of $308.17 billion, a P/E ratio of 35.89, a PEG ratio of 2.77 and a beta of 1.40. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $332.79. The business has a 50 day moving average price of $304.83 and a 200 day moving average price of $293.35.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.43 by $0.14. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The company had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.27 billion. During the same period last year, the company earned $1.32 EPS. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts expect that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, January 26th. Investors of record on Monday, December 29th were issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Monday, December 29th. GE Aerospace’s dividend payout ratio (DPR) is presently 17.69%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on GE shares. Deutsche Bank Aktiengesellschaft lifted their price target on GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. JPMorgan Chase & Co. boosted their price target on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research report on Monday. Susquehanna restated a “positive” rating and issued a $380.00 target price on shares of GE Aerospace in a research report on Thursday, January 15th. BNP Paribas Exane cut their target price on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a research report on Friday, January 23rd. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. 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 stock. Based on data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and an average target price of $319.00.

Insider Activity at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the firm’s stock in a transaction on 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 transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at $44,785,706.14. This trade represents a 5.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 0.21% of the company’s stock.

GE Aerospace Company 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.