2,964 GE Aerospace $GE Shares Sold by Essex LLC

Essex LLC lowered its holdings in shares of GE Aerospace (NYSE:GE) by 16.6% during the 3rd quarter, HoldingsChannel reports. The fund owned 14,885 shares of the company’s stock after selling 2,964 shares during the period. Essex LLC’s holdings in GE Aerospace were worth $4,648,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in GE. State Street Corp boosted its holdings in GE Aerospace by 2.6% in the second quarter. State Street Corp now owns 46,497,628 shares of the company’s stock worth $17,377,559,000 after acquiring an additional 1,160,584 shares in the last quarter. Jennison Associates LLC boosted its position in shares of GE Aerospace by 37.7% during the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after buying an additional 3,017,937 shares during the last quarter. Invesco Ltd. boosted its position in shares of GE Aerospace by 2.1% during the fourth quarter. Invesco Ltd. now owns 9,280,276 shares of the company’s stock valued at $2,858,604,000 after buying an additional 189,979 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of GE Aerospace by 6.3% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,251,603 shares of the company’s stock valued at $2,710,142,000 after acquiring an additional 427,820 shares during the last quarter. Finally, Wellington Management Group LLP boosted its holdings in GE Aerospace by 97.3% in the second quarter. Wellington Management Group LLP now owns 6,797,935 shares of the company’s stock worth $2,540,592,000 after purchasing an additional 3,352,432 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace is participating in discussions with the U.S. transportation secretary and Boeing on aircraft-certification reforms. Streamlined certification could help reduce delays and support aircraft production, although the outcome remains uncertain. US Transportation Secretary meeting with Boeing, GE CEOs on aircraft certification reform efforts
• Positive Sentiment: GE secured up to £33 million in government funding, alongside approximately £27 million from the company, to expand its Prestwick, Scotland, engine-maintenance facility. The project is expected to preserve 850 jobs and add 150, strengthening GE’s aftermarket-services footprint. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
• Positive Sentiment: GE plans to increase India sourcing to roughly $400 million by 2030. Management also expects GE- and CFM-partner engines to power most new aircraft entering India, highlighting long-term regional demand and supply-chain growth. GE Aerospace to boost India supply chain spending
• Positive Sentiment: Susquehanna maintained a Buy rating with a $430 price target, signaling continued confidence in GE’s earnings and aerospace-cycle prospects. Susquehanna keeps Buy rating for GE Aerospace
• Neutral Sentiment: GE is scheduled to report third-quarter results before the market opens on October 20. Investors will focus on order momentum, supply-chain execution and whether the company can support its 2026 EPS guidance of $7.65-$7.85. GE Aerospace earnings are imminent
• Negative Sentiment: Deutsche Bank reduced its GE Aerospace price target to $377 from $450. Although the revised target remains above recent trading levels, the cut may weigh on sentiment and suggests more limited upside expectations. Deutsche Bank adjusts price target on GE Aerospace
• Negative Sentiment: Investors are evaluating whether GE’s planned $11.75 billion acquisition of Consolidated Precision Products can justify the company’s premium valuation. The deal could strengthen supply-chain control, but its size increases execution and integration risk. GE Aerospace and the $11.75 billion foundry deal

GE Aerospace Trading Down 0.3%

GE stock traded down $1.00 during mid-day trading on Wednesday, reaching $306.63. 3,301,924 shares of the stock traded hands, compared to its average volume of 5,085,481. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. GE Aerospace has a one year low of $268.91 and a one year high of $388.84. The stock has a market capitalization of $318.15 billion, a PE ratio of 36.12, a PEG ratio of 2.25 and a beta of 1.38. The business has a 50-day moving average price of $333.64 and a two-hundred day moving average price of $327.96.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%. The firm had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the prior year, the business posted $1.66 earnings per share. The company’s revenue for the quarter was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities research analysts expect that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Monday, October 5th will be paid a $0.47 dividend. The ex-dividend date of this dividend is Monday, October 5th. This represents a $1.88 annualized dividend and a yield of 0.6%. GE Aerospace’s dividend payout ratio is 22.14%.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on GE. Jefferies Financial Group set a $435.00 price objective on GE Aerospace and gave the stock a “buy” rating in a report on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $450.00 target price on shares of GE Aerospace in a report on Monday, July 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a research note on Wednesday, July 15th. Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. Sixteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $386.67.

Insider Buying and Selling at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president directly owned 20,666 shares in the company, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.19% of the company’s stock.

GE Aerospace Profile

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.