GE Aerospace $GE Shares Purchased by AMF Tjanstepension AB

AMF Tjanstepension AB grew its stake in shares of GE Aerospace (NYSE:GEFree Report) by 2.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 439,350 shares of the company’s stock after acquiring an additional 9,009 shares during the period. AMF Tjanstepension AB’s holdings in GE Aerospace were worth $124,674,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. High Falls Advisors Inc raised its stake in GE Aerospace by 3.0% during the fourth quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock worth $329,000 after acquiring an additional 31 shares in the last quarter. Wolff Wiese Magana LLC boosted its stake in shares of GE Aerospace by 1.0% in the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares in the last quarter. Darwin Wealth Management LLC increased its position in shares of GE Aerospace by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after purchasing an additional 33 shares in the last quarter. Montz Harcus Wealth Management LLC increased its position in shares of GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after purchasing an additional 33 shares in the last quarter. Finally, LRI Investments LLC lifted its holdings in GE Aerospace by 1.4% during the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after purchasing an additional 33 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 0.0%

Shares of GE Aerospace stock opened at $359.33 on Monday. The company has a market capitalization of $374.90 billion, a P/E ratio of 44.25, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The business has a 50-day moving average of $330.74 and a two-hundred day moving average of $317.25. GE Aerospace has a 1 year low of $251.40 and a 1 year high of $382.97.

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

GE Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a $0.47 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is presently 23.15%.

Key Stories Impacting GE Aerospace

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

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Susquehanna reaffirmed a “positive” rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday. Daiwa Securities Group initiated coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a report on Wednesday, May 20th. Citigroup reiterated a “buy” rating and issued a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Finally, Wells Fargo & Company started coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $360.33.

View Our Latest Analysis on GE

About GE Aerospace

(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.

See Also

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

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