Oslo Pensjonsforsikring AS Invests $1.02 Million in GE Aerospace $GE

Oslo Pensjonsforsikring AS purchased a new position in GE Aerospace (NYSE:GE) during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,603 shares of the company’s stock, valued at approximately $1,022,000.

Several other institutional investors also recently added to or reduced their stakes in the stock. Blueline Advisors LLC bought a new stake in shares of GE Aerospace during the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC bought a new position in GE Aerospace in the fourth quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the 4th quarter worth $32,000. Lifetime Wealth Management P.C. purchased a new position in GE Aerospace during the 4th quarter worth $40,000. Finally, Beaird Harris Wealth Management LLC raised its position in GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace News Summary

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

• Positive Sentiment: GE Aerospace announced that AerCap selected its GEnx-1B engines to power 15 additional Boeing 787 Dreamliners, another order that adds to the company’s commercial engine backlog and signals continued airline/leasing demand. Article Title
• Positive Sentiment: The company also drew attention for its world’s first high-altitude hybrid-electric flight above 30,000 feet with NASA, Boeing, and BETA Technologies, which investors are reading as a major technology milestone for next-generation aviation. Article Title
• Positive Sentiment: JPMorgan raised its price target on GE Aerospace to $400 and kept an overweight rating, reflecting confidence in the company’s earnings power and growth outlook. Article Title
• Positive Sentiment: Additional commentary from Jim Cramer and other media coverage highlighted GE Aerospace as a blue-chip industrial name to own instead of speculative tech, adding to the stock’s positive sentiment. Article Title
• Neutral Sentiment: Coverage around GE Aerospace’s CEO and the Farnborough Air Show emphasized the company’s $210 billion backlog, strong Q2 results, and ongoing share buybacks, which support the long-term case but were largely reiterations of already known fundamentals. Article Title
• Negative Sentiment: Some reports noted ongoing supply-chain and parts-delivery bottlenecks in the aerospace industry, which could limit how quickly GE Aerospace converts strong demand into revenue growth. Article Title

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. UBS Group upped their price objective on shares of GE Aerospace from $426.00 to $435.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. BNP Paribas Exane reduced their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $410.00 price target on shares of GE Aerospace in a research report on Monday. Morgan Stanley dropped their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of GE Aerospace in a report on Tuesday, July 14th. Seventeen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $380.89.

GE Aerospace Trading Down 0.3%

GE Aerospace stock opened at $340.44 on Wednesday. The stock has a 50-day moving average price of $337.98 and a 200 day moving average price of $319.00. The company has a market capitalization of $353.23 billion, a price-to-earnings ratio of 40.10, a price-to-earnings-growth ratio of 2.62 and a beta of 1.35. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a 52 week low of $254.66 and a 52 week high of $382.97.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. The business had revenue of $12.63 billion during the quarter, compared to analysts’ expectations 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 for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Sell-side analysts anticipate that GE Aerospace will post 7.89 EPS for the current year.

GE Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is currently 22.14%.

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.