Baer Investment Advisory LLC Makes New Investment in GE Aerospace $GE

Baer Investment Advisory LLC purchased a new position in shares of GE Aerospace (NYSE:GEFree Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,294 shares of the company’s stock, valued at approximately $651,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GE. Auto Owners Insurance Co grew its holdings in shares of GE Aerospace by 52,247.5% in the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after acquiring an additional 65,595,733 shares in the last quarter. Norges Bank acquired a new position in GE Aerospace during the fourth quarter valued at approximately $4,444,736,000. Capital World Investors boosted its position in GE Aerospace by 16.2% during the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after purchasing an additional 2,995,054 shares during the last quarter. Corient Private Wealth LLC grew its stake in GE Aerospace by 382.1% in the fourth quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock valued at $849,325,000 after purchasing an additional 2,185,321 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. grew its stake in GE Aerospace by 1,200.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock valued at $568,935,000 after purchasing an additional 1,705,005 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GE has been the topic of a number of analyst reports. Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective on the stock. TD Cowen decreased their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. UBS Group lowered their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Wells Fargo & Company started coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price on the stock. Finally, Morgan Stanley dropped their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $357.56.

Check Out Our Latest Research Report on GE Aerospace

GE Aerospace Trading Down 0.1%

GE Aerospace stock opened at $377.14 on Friday. The stock has a 50-day simple moving average of $322.83 and a 200 day simple moving average of $315.01. The stock has a market capitalization of $393.49 billion, a P/E ratio of 46.45, a PEG ratio of 3.35 and a beta of 1.35. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. GE Aerospace has a 52 week low of $243.34 and a 52 week high of $382.97.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the company earned $1.49 earnings per share. The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts expect that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio is 23.15%.

GE Aerospace Company 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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