Andra AP fonden Sells 37,480 Shares of GE Aerospace $GE

Key Points

• Andra AP fonden cut its GE Aerospace position by 21.9%. The investor sold 37,480 shares in the second quarter and retained 133,390 shares valued at approximately $49.9 million.
• GE Aerospace reported stronger-than-expected quarterly results. Revenue rose 21.1% year over year to $12.63 billion, while earnings per share of $2.02 exceeded analysts’ $1.86 estimate.
• Analysts remain broadly bullish despite operational risks. The stock has a “Moderate Buy” consensus rating with an average price target of $388.33, while GE9X certification delays remain a potential concern; the company also declared a quarterly dividend of $0.47 per share.

Andra AP fonden trimmed its position in GE Aerospace (NYSE:GE - Free Report) by 21.9% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 133,390 shares of the company's stock after selling 37,480 shares during the period. Andra AP fonden's holdings in GE Aerospace were worth $49,852,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of the company. Blueline Advisors LLC acquired a new position in GE Aerospace during the fourth quarter valued at approximately $25,000. Paladin Partners LLC bought a new stake in shares of GE Aerospace during the 2nd quarter worth approximately $38,000. Lifetime Wealth Management P.C. acquired a new stake in shares of GE Aerospace in the 4th quarter valued at approximately $40,000. Parvin Asset Management LLC bought a new position in shares of GE Aerospace in the second quarter valued at $41,000. Finally, Bayban bought a new position in shares of GE Aerospace in the fourth quarter valued at $44,000. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace News Summary

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

• Positive Sentiment: Defense program reaches a key milestone. GE Aerospace and Kratos successfully ignited the GEK800 turbofan propulsion system for a cruise-missile program. The test advances development of a potential defense growth opportunity, although it does not yet represent near-term material revenue. Kratos and GE Aerospace Achieve Significant Program Milestone
• Positive Sentiment: $225 million research investment supports long-term innovation. GE Aerospace plans to modernize its Niskayuna, New York, research center, reinforcing its investment in advanced engine technology and future aerospace programs. The spending could strengthen competitiveness, though it will require upfront capital. GE Aerospace invests $225M to modernize Niskayuna research center
• Positive Sentiment: Board authorizes a quarterly dividend. GE Aerospace declared a $0.47-per-share dividend payable October 26 to shareholders of record October 5. The payout signals continued cash-return capacity, although the approximately 0.6% annualized yield is modest. GE Aerospace Board of Directors Authorizes Quarterly Dividend
• Neutral Sentiment: Governance leadership was strengthened. The board appointed Wes Bush as independent lead director, a move intended to enhance board oversight and shareholder governance. The change is supportive of governance credibility but has limited immediate earnings impact. GE Aerospace strengthens board leadership and governance oversight
• Negative Sentiment: GE9X production remains an overhang. Redesigned seals are shipping and the fix has entered certification, but full production approval still depends on a separate FAA process. Any delay could pressure delivery schedules, costs and investor confidence. GE Aerospace Slips as GE9X Fix Enters Certification

GE Aerospace Price Performance

NYSE GE traded down $0.99 during midday trading on Tuesday, hitting $318.02. The company had a trading volume of 1,491,062 shares, compared to its average volume of 5,167,777. The firm has a 50-day moving average price of $346.98 and a 200-day moving average price of $327.44. The company has a market capitalization of $329.97 billion, a PE ratio of 37.49, a P/E/G ratio of 2.29 and a beta of 1.35. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. GE Aerospace has a twelve month low of $268.91 and a twelve month high of $388.84.

GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the prior year, the company posted $1.66 earnings per share. The business'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. As a group, analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Monday, October 5th will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Monday, October 5th. GE Aerospace's payout ratio is currently 22.14%.

Insider Buying and Selling 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 transaction of $2,863,636.16. Following the sale, the senior vice president directly 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 sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders own 0.19% of the company's stock.

Analysts Set New Price Targets

GE has been the subject of a number of recent analyst reports. Weiss Ratings upgraded shares of GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 17th. Sanford C. Bernstein reiterated an "outperform" rating on shares of GE Aerospace in a report on Wednesday, September 9th. Jefferies Financial Group raised their price objective on GE Aerospace from $365.00 to $455.00 and gave the company a "buy" rating in a research report on Thursday, July 2nd. Susquehanna restated a "positive" rating and issued a $430.00 price target (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Finally, Wells Fargo & Company reissued an "overweight" rating and issued a $390.00 price objective on shares of GE Aerospace in a research report on Monday, July 20th. Sixteen investment 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's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $388.33.

About GE Aerospace

GE Aerospace NYSE: GE is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.

The company's products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.

GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.

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