GC Wealth Management RIA LLC Acquires 2,559 Shares of GE Aerospace $GE

GC Wealth Management RIA LLC grew its stake in GE Aerospace (NYSE:GE) by 33.7% during the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 10,143 shares of the company’s stock after purchasing an additional 2,559 shares during the quarter. GC Wealth Management RIA LLC’s holdings in GE Aerospace were worth $2,878,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Blueline Advisors LLC bought a new stake in GE Aerospace in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC bought a new position in GE Aerospace during the fourth quarter worth about $31,000. Tucker Asset Management LLC bought a new position in GE Aerospace during the fourth quarter worth about $32,000. Lifetime Wealth Management P.C. acquired a new position in shares of GE Aerospace during the 4th quarter worth about $40,000. Finally, Legacy Bridge LLC grew its position in shares of 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 buying an additional 135 shares during the period. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Up 1.4%

NYSE:GE opened at $353.71 on Friday. GE Aerospace has a 1 year low of $261.71 and a 1 year high of $382.97. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. The stock has a market cap of $367.00 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 2.67 and a beta of 1.35. The stock has a 50-day moving average price of $341.50 and a two-hundred day moving average price of $319.67.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same period in the prior year, the company earned $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, equities analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a dividend of $0.47 per share. 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 presently 22.14%.

Key GE Aerospace News

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

• Positive Sentiment: GE Aerospace and CFM announced commitments for about 1,800 engines, highlighted by IndiGo’s order for more than 1,000 LEAP-1A engines — the largest single LEAP order ever and a major backlog booster. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: The company also won additional widebody engine business, including GEnx-1B orders for Philippine Airlines and AerCap, reinforcing demand in the commercial services and engines franchise. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: GE Aerospace said FAA and EASA certified durability upgrades for the LEAP-1B engine, which should reduce maintenance burden and improve engine time on wing — a favorable sign for margins and aftermarket revenue. GE Aerospace Concludes Farnborough Airshow with Record Engine Orders, Durability Advances and Hybrid Electric Flight Milestones
• Positive Sentiment: Management also highlighted a milestone in hybrid-electric flight above 30,000 feet and new defense-related collaborations, signaling continued investment in future aerospace technologies and military demand. GE Aerospace Wraps Historic Farnborough Airshow
• Neutral Sentiment: Several analyst notes and stock-trend articles are also keeping GE in focus, but the main stock-moving catalyst today appears to be the company’s strong order announcements and product-certificate news. GE Aerospace (GE) Is a Trending Stock: Facts to Know Before Betting on It

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Daiwa Securities Group assumed coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target for the company. Wells Fargo & Company reissued an “overweight” rating and set a $390.00 price objective on shares of GE Aerospace in a research note on Monday. Jefferies Financial Group boosted their price objective on shares of GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $410.00 target price on shares of GE Aerospace in a research note on Monday. Finally, Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Sixteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $386.88.

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.