Atria Investments Inc Boosts Stock Holdings in GE Aerospace $GE

Atria Investments Inc grew its stake in shares of GE Aerospace (NYSE:GEFree Report) by 35.1% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 33,450 shares of the company’s stock after buying an additional 8,683 shares during the period. Atria Investments Inc’s holdings in GE Aerospace were worth $10,062,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in GE. Echo45 Advisors LLC purchased a new stake in GE Aerospace during the third quarter valued at about $205,000. Wedbush Securities Inc. lifted its stake in shares of GE Aerospace by 2.2% in the 3rd quarter. Wedbush Securities Inc. now owns 12,977 shares of the company’s stock valued at $3,904,000 after purchasing an additional 275 shares in the last quarter. Varma Mutual Pension Insurance Co grew its holdings in shares of GE Aerospace by 12.1% during the 3rd quarter. Varma Mutual Pension Insurance Co now owns 169,308 shares of the company’s stock worth $50,931,000 after purchasing an additional 18,300 shares during the period. Wealth Forward LLC acquired a new stake in GE Aerospace during the 3rd quarter worth approximately $223,000. Finally, Savvy Advisors Inc. increased its position in GE Aerospace by 45.2% during the 3rd quarter. Savvy Advisors Inc. now owns 13,013 shares of the company’s stock worth $3,914,000 after purchasing an additional 4,051 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of the stock in a transaction on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the transaction, the senior vice president directly owned 150,434 shares in the company, valued at $46,103,507.98. This represents a 16.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Robert M. Giglietti sold 3,035 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the sale, the vice president owned 10,583 shares in the company, valued at approximately $3,233,212.33. This trade represents a 22.29% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 45,398 shares of company stock valued at $13,837,171 over the last ninety days. Corporate insiders own 0.21% of the company’s stock.

GE Aerospace Stock Performance

NYSE:GE opened at $313.15 on Friday. The firm has a 50-day moving average of $308.92 and a two-hundred day moving average of $296.72. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The stock has a market cap of $328.43 billion, a P/E ratio of 38.47, a PEG ratio of 2.90 and a beta of 1.40. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $332.79.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The business had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.27 billion. During the same quarter in the previous year, the firm posted $1.32 earnings per share. The company’s revenue was up 17.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts expect that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from GE Aerospace’s previous quarterly dividend of $0.36. The ex-dividend date is Monday, March 9th. GE Aerospace’s payout ratio is presently 17.69%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on GE. Deutsche Bank Aktiengesellschaft lifted their price target on shares of GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. UBS Group set a $374.00 price target on shares of GE Aerospace and gave the stock a “buy” rating in a research report on Friday, January 23rd. The Goldman Sachs Group raised their price objective on GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Wall Street Zen raised GE Aerospace from a “hold” rating to a “buy” rating in a research report on Saturday, January 24th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and an average price target of $319.00.

Check Out Our Latest Report on GE Aerospace

GE Aerospace Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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