Aaron Wealth Advisors LLC Sells 4,010 Shares of GE Aerospace $GE

Aaron Wealth Advisors LLC decreased its stake in GE Aerospace (NYSE:GEFree Report) by 25.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,747 shares of the company’s stock after selling 4,010 shares during the quarter. Aaron Wealth Advisors LLC’s holdings in GE Aerospace were worth $3,333,000 at the end of the most recent quarter.

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

GE Aerospace Stock Performance

Shares of NYSE:GE opened at $370.74 on Friday. The stock has a market capitalization of $386.81 billion, a P/E ratio of 45.66, a P/E/G ratio of 3.24 and a beta of 1.37. GE Aerospace has a 1-year low of $243.34 and a 1-year high of $379.67. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The business has a 50-day moving average price of $313.66 and a two-hundred day moving average price of $311.61.

GE Aerospace (NYSE:GEGet Free Report) last issued its earnings results 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. The company had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts predict that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Announces Dividend

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

Key Headlines Impacting GE Aerospace

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on GE shares. Sanford C. Bernstein increased their price target on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Citigroup cut their price objective on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Daiwa Securities Group began coverage on GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price on the stock. Finally, Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. 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 given a Sell rating to the company. According to MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Read 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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