J. Goldman & Co LP Buys New Holdings in GE Aerospace $GE

J. Goldman & Co LP bought a new position in GE Aerospace (NYSE:GE) in the 2nd quarter, HoldingsChannel.com reports. The firm bought 2,692 shares of the company’s stock, valued at approximately $1,006,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of GE. Allworth Financial LP raised its position in GE Aerospace by 7.6% in the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after buying an additional 5,434 shares during the last quarter. NewEdge Wealth LLC boosted its position in GE Aerospace by 92.2% during the 4th quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock worth $6,204,000 after acquiring an additional 9,663 shares during the last quarter. CenterBook Partners LP grew its stake in shares of GE Aerospace by 892.6% during the 4th quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock worth $15,336,000 after acquiring an additional 44,772 shares in the last quarter. Clough Capital Partners L P grew its stake in shares of GE Aerospace by 37.1% during the 1st quarter. Clough Capital Partners L P now owns 70,535 shares of the company’s stock worth $20,016,000 after acquiring an additional 19,105 shares in the last quarter. Finally, Ascentis Independent Advisors grew its stake in shares of GE Aerospace by 207.3% during the 1st quarter. Ascentis Independent Advisors now owns 4,317 shares of the company’s stock worth $1,225,000 after acquiring an additional 2,912 shares in the last quarter. 74.77% of the stock is owned by institutional investors.

GE Aerospace Stock Performance

NYSE GE opened at $354.39 on Thursday. The firm has a market capitalization of $367.70 billion, a P/E ratio of 41.74, a price-to-earnings-growth ratio of 2.55 and a beta of 1.36. 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 firm’s fifty day moving average price is $360.99 and its two-hundred day moving average price is $327.82. GE Aerospace has a 1 year low of $268.01 and a 1 year high of $388.84.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating analysts’ consensus estimates 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 net margin of 17.72% and a return on equity of 40.56%. The company’s quarterly revenue was up 21.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts anticipate that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were issued a dividend of $0.47 per share. The ex-dividend date was 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 (DPR) is presently 22.14%.

Insider Buying and Selling

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the transaction, the senior vice president owned 20,666 shares of the company’s stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.19% of the company’s stock.

GE Aerospace News Summary

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

• Positive Sentiment: GE Aerospace outperformed the broader market in the latest session, suggesting investors continued to favor the company despite a weaker market backdrop. GE Aerospace Rises As Market Takes a Dip: Key Facts
• Positive Sentiment: Brokerages collectively rate GE Aerospace “Moderate Buy,” reinforcing a constructive Wall Street outlook. The rating follows the company’s strong operating performance and expectations for continued earnings growth. GE Aerospace Given Consensus Rating of Moderate Buy
• Positive Sentiment: The company recently exceeded quarterly expectations, reporting $2.02 in earnings per share versus the $1.86 consensus estimate and revenue of $12.63 billion, up 21.1% year over year. The results strengthened the investment case and helped support the stock’s gains. GE Aerospace Faces a Bigger Test After Strong Results
• Neutral Sentiment: GE Aerospace’s Wilmington apprenticeship program completed its first year, highlighting workforce-development efforts. The initiative may support long-term hiring and skills development but is unlikely to materially affect near-term earnings. GE Aerospace Marks One Year of Wilmington Apprenticeship Program
• Negative Sentiment: Valuation remains a concern: GE Aerospace trades at a substantial premium to industrial peers. Investors may demand continued earnings growth to justify the elevated multiple, creating downside risk if results or guidance disappoint. Is GE Stock Worth Its Steep Peer Premium?

Wall Street Analyst Weigh In

GE has been the topic of a number of research reports. Sanford C. Bernstein set a $421.00 price objective on shares of GE Aerospace and gave the stock an “outperform” rating in a research report on Thursday, July 23rd. Citigroup restated a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. BNP Paribas Exane decreased their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. TD Cowen reaffirmed a “buy” rating and issued a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Finally, The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a report on Monday, July 20th. Sixteen 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 stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $390.59.

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.