Apella Capital LLC Purchases 2,861 Shares of GE Aerospace $GE

Apella Capital LLC increased its holdings in GE Aerospace (NYSE:GEFree Report) by 56.3% during the first quarter, HoldingsChannel reports. The institutional investor owned 7,944 shares of the company’s stock after acquiring an additional 2,861 shares during the quarter. Apella Capital LLC’s holdings in GE Aerospace were worth $2,416,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in GE. Allworth Financial LP increased its position in shares of GE Aerospace by 7.6% during the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after purchasing an additional 5,434 shares during the last quarter. Dara Capital US Inc. bought a new stake in GE Aerospace in the 4th quarter worth approximately $2,527,000. NewEdge Wealth LLC boosted its stake in GE Aerospace by 92.2% in the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock worth $6,204,000 after buying an additional 9,663 shares in the last quarter. Orion Porfolio Solutions LLC boosted its stake in GE Aerospace by 11.0% in the third quarter. Orion Porfolio Solutions LLC now owns 68,266 shares of the company’s stock worth $20,536,000 after buying an additional 6,747 shares in the last quarter. Finally, CenterBook Partners LP grew its position in GE Aerospace by 892.6% during the fourth quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock valued at $15,336,000 after acquiring an additional 44,772 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

Analysts Set New Price Targets

Several research firms have commented on GE. President Capital decreased their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. UBS Group reduced 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. BNP Paribas Exane decreased their target price on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a research note on Wednesday, May 20th. Finally, TD Cowen cut their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. One equities 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Read Our Latest Research Report on GE Aerospace

Key Headlines Impacting GE Aerospace

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

GE Aerospace Stock Performance

Shares of GE stock opened at $370.74 on Friday. The company has a market capitalization of $386.81 billion, a P/E ratio of 45.66, a PEG ratio of 3.24 and a beta of 1.37. GE Aerospace has a fifty-two week low of $243.34 and a fifty-two week high of $379.67. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The stock 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, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter last year, the business earned $1.49 earnings per share. The business’s revenue was up 24.6% on a year-over-year basis. 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 Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be issued a $0.47 dividend. 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 dividend payout ratio (DPR) is 23.15%.

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.

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

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