5,531 GE Aerospace $GE Shares Bought by HWG Holdings LP

Key Points

• HWG Holdings increased its GE Aerospace stake by 54.7% in the third quarter, buying 5,531 additional shares for a total of 15,640 shares valued at approximately $4.88 million.
• Wall Street remains broadly positive, with 16 analysts rating GE a Buy, a consensus “Moderate Buy” rating, and an average price target of $386.67.
• GE Aerospace reported quarterly earnings and revenue above expectations, while declaring a $0.47-per-share dividend; investors are now focused on the company’s upcoming October results and guidance.

HWG Holdings LP increased its holdings in GE Aerospace (NYSE:GE - Free Report) by 54.7% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,640 shares of the company's stock after acquiring an additional 5,531 shares during the period. GE Aerospace comprises 1.1% of HWG Holdings LP's investment portfolio, making the stock its 22nd biggest holding. HWG Holdings LP's holdings in GE Aerospace were worth $4,884,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Paladin Partners LLC purchased a new stake in shares of GE Aerospace in the second quarter worth approximately $38,000. Parvin Asset Management LLC purchased a new position in shares of GE Aerospace during the second quarter valued at approximately $41,000. Markowski Investments bought a new stake in GE Aerospace during the second quarter worth $46,000. Burkett Financial Services LLC raised its position in GE Aerospace by 28.9% in the 2nd quarter. Burkett Financial Services LLC now owns 125 shares of the company's stock valued at $47,000 after buying an additional 28 shares during the last quarter. Finally, Lifetime Wealth Management P.C. purchased a new stake in GE Aerospace in the 4th quarter valued at $40,000. Institutional investors own 74.77% of the company's stock.

Wall Street Analysts Forecast Growth

GE has been the topic of a number of analyst reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $450.00 price objective on shares of GE Aerospace in a report on Monday, July 27th. TD Cowen reissued a "buy" rating and set a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Susquehanna reaffirmed a "positive" rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Wells Fargo & Company decreased their price objective on shares of GE Aerospace from $390.00 to $380.00 and set an "overweight" rating for the company in a research note on Wednesday, September 30th. Finally, The Goldman Sachs Group reissued a "buy" rating and set a $410.00 target price on shares of GE Aerospace in a research report on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average target price of $386.67.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: F404 engine deliveries remain on schedule: GE Aerospace shipped four additional F404 engines for India’s LCA Mk-1A Tejas fighter aircraft in September, keeping its planned 20-engine delivery target on track. The update supports execution on an important defense program and improves visibility for future deliveries. GE Aerospace ships four more F404 engines for Tejas GE Aerospace boosts supply outlook GE Aerospace delivers engines for LCA Mk-1A
• Positive Sentiment: Dividend declared: GE Aerospace declared a quarterly dividend of $0.47 per share, providing continued shareholder returns and reinforcing confidence in the company’s cash-generation outlook. GE Aerospace declares dividend
• Positive Sentiment: Workforce investment supports long-term capacity: An aerospace foundation committed $1 million to Alabama workforce training, a potentially favorable development for the industry’s labor pipeline and GE’s regional manufacturing ecosystem, although the direct financial impact on GE is limited. Aerospace foundation commits to Alabama workforce training
• Neutral Sentiment: Investors are focused on October earnings: Recent trading commentary highlights positioning ahead of GE Aerospace’s October results. The company previously exceeded quarterly revenue and EPS expectations, but the shares’ premium valuation leaves the stock sensitive to guidance, order trends and execution updates. GE Aerospace stock ahead of October earnings
• Neutral Sentiment: Former GE executive joins Certivo: Former GE Vice Chairman and CFO Jeff Bornstein was appointed to Certivo’s board. The move is not expected to have a material direct effect on GE Aerospace’s fundamentals. Certivo appoints former GE executive

GE Aerospace Trading Down 2.0%

NYSE GE opened at $303.35 on Thursday. The business's fifty day moving average is $338.29 and its 200-day moving average is $327.50. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The stock has a market capitalization of $314.74 billion, a price-to-earnings ratio of 35.73, a PEG ratio of 2.26 and a beta of 1.38. GE Aerospace has a one year low of $268.91 and a one year high of $388.84.

GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. During the same quarter in the prior year, the business earned $1.66 earnings per share. The firm's revenue for the quarter was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities research analysts predict that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 5th will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace's dividend payout ratio (DPR) is presently 22.14%.

Insider Activity at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the sale, the senior vice president owned 20,666 shares of the company's stock, valued at approximately $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 0.19% of the company's stock.

GE Aerospace Profile

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company's offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.

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