HB Wealth Management LLC Has $11.81 Million Stock Position in GE Aerospace $GE

HB Wealth Management LLC lifted its position in shares of GE Aerospace (NYSE:GE) by 15.4% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 41,612 shares of the company’s stock after acquiring an additional 5,543 shares during the quarter. HB Wealth Management LLC’s holdings in GE Aerospace were worth $11,808,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Blueline Advisors LLC bought a new stake in GE Aerospace during the 4th quarter worth about $25,000. Ankerstar Wealth LLC bought a new position in shares of GE Aerospace in the 4th quarter valued at about $31,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace in the 4th quarter valued at about $32,000. Lifetime Wealth Management P.C. acquired a new stake in shares of GE Aerospace during the 4th quarter worth approximately $40,000. Finally, Beaird Harris Wealth Management LLC grew its position in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after buying an additional 59 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Down 0.1%

Shares of NYSE GE opened at $377.14 on Friday. The stock has a market cap of $393.49 billion, a P/E ratio of 46.45, a P/E/G ratio of 3.35 and a beta of 1.35. The firm has a 50 day moving average price of $322.83 and a 200 day moving average price of $315.01. 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:GE) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts expect that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Announces Dividend

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on GE. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company. Daiwa Securities Group started coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective on the stock. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Seaport Research Partners began coverage on GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $357.56.

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.