GE Aerospace $GE Shares Purchased by First Interstate Bank

First Interstate Bank grew its holdings in shares of GE Aerospace (NYSE:GE) by 337.4% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,565 shares of the company’s stock after acquiring an additional 2,750 shares during the period. First Interstate Bank’s holdings in GE Aerospace were worth $1,072,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of GE. Norges Bank acquired a new position in shares of GE Aerospace in the 2nd quarter valued at approximately $3,408,828,000. Vanguard Group Inc. increased its stake in shares of GE Aerospace by 1.6% in the second quarter. Vanguard Group Inc. now owns 91,989,511 shares of the company’s stock worth $23,677,180,000 after buying an additional 1,482,069 shares during the last quarter. Lazard Asset Management LLC raised its holdings in GE Aerospace by 4,253.7% in the second quarter. Lazard Asset Management LLC now owns 796,422 shares of the company’s stock valued at $204,991,000 after acquiring an additional 778,129 shares in the last quarter. Geode Capital Management LLC boosted 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 acquiring an additional 724,559 shares during the last quarter. Finally, National Bank of Canada FI grew its holdings in GE Aerospace by 118.9% during the 2nd quarter. National Bank of Canada FI now owns 1,240,303 shares of the company’s stock worth $319,237,000 after acquiring an additional 673,714 shares in the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, SVP Russell Stokes sold 8,000 shares of the business’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 owned 150,434 shares of the company’s stock, valued at approximately $44,785,706.14. The trade was a 5.05% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Company insiders own 0.21% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE stock opened at $311.98 on Wednesday. The company has a market cap of $329.08 billion, a P/E ratio of 41.65, a PEG ratio of 2.22 and a beta of 1.40. The business has a 50 day moving average of $305.28 and a two-hundred day moving average of $291.62. GE Aerospace has a 52 week low of $159.36 and a 52 week high of $332.79. The company has a quick ratio of 0.76, a current ratio of 1.08 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.46 by $0.20. The business had revenue of $11.31 billion for the quarter, compared to the consensus estimate of $10.29 billion. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.The business’s revenue was up 26.4% on a year-over-year basis. During the same quarter last year, the business posted $1.15 EPS. As a group, analysts anticipate that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Monday, December 29th will be issued a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.44 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s payout ratio is 19.23%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on GE. Royal Bank Of Canada upped their target price on shares of GE Aerospace from $300.00 to $340.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Citigroup lowered their price objective on GE Aerospace from $386.00 to $378.00 and set a “buy” rating for the company in a report on Tuesday, January 13th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $350.00 price objective on shares of GE Aerospace in a research note on Wednesday, October 8th. UBS Group reiterated a “buy” rating and issued a $368.00 target price (up previously from $366.00) on shares of GE Aerospace in a research report on Thursday, January 15th. Finally, TD Cowen boosted their price target on GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $314.00.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: Zacks expects double‑digit Q4 revenue growth driven by strong engine demand, services strength and defense momentum — a setup for a potential earnings beat. Zacks Q4 preview
• Positive Sentiment: Coverage of GE’s engine overhaul business and the Delta GEnx deal highlights stronger aftermarket and services revenue potential — bullish for long‑term margins and recurring cash flow. Yahoo article on overhaul/Delta deal
• Positive Sentiment: Jim Cramer publicly flagged GE Aerospace as a favorite ahead of earnings, calling the upcoming print likely “spectacular” given backlog — positive media attention that can support buyer interest. Cramer on GE
• Positive Sentiment: Articles highlighting multi‑year shareholder returns underscore the stock’s strong performance over the last five years, which attracts momentum investors. Benzinga 5‑year performance
• Neutral Sentiment: Roundups of recent research reports provide varied analyst views but no consensus catalyst beyond expectations for a strong quarter. Research reports roundup
• Neutral Sentiment: Q4 preview pieces outline what to watch in the print (revenue, services, margin trends) but mainly reiterate upside drivers rather than new information. MSN earnings preview
• Neutral Sentiment: GE Foundation extended a partnership with the University of Cincinnati to support engineering talent — a positive long‑term talent pipeline story but unlikely to move near‑term results. BizJournal on UC partnership
• Negative Sentiment: Several analysts and previews highlight elevated expectations heading into the report; that raises risk of a pullback if results or guidance disappoint. Combined with a high P/E and recent run, some investors are taking profits. TipRanks pre‑earnings note

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.