Caisse de depot et placement du Quebec Decreases Stake in GE Aerospace $GE

Caisse de depot et placement du Quebec cut its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 55.5% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 183,962 shares of the company's stock after selling 229,039 shares during the quarter. Caisse de depot et placement du Quebec's holdings in GE Aerospace were worth $68,752,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of GE. Blueline Advisors LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $31,000. Paladin Partners LLC acquired a new stake in shares of GE Aerospace in the second quarter valued at approximately $38,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the fourth quarter worth approximately $32,000. Finally, Burkett Financial Services LLC lifted its position in GE Aerospace by 28.9% during the second quarter. Burkett Financial Services LLC now owns 125 shares of the company's stock worth $47,000 after buying an additional 28 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company's stock.

GE Aerospace Price Performance

Shares of GE opened at $342.32 on Friday. GE Aerospace has a 1-year low of $268.01 and a 1-year high of $388.84. The stock has a market cap of $355.18 billion, a PE ratio of 40.32, a P/E/G ratio of 2.59 and a beta of 1.36. The firm has a 50-day simple moving average of $360.66 and a two-hundred day simple moving average of $327.98. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

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

GE Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were paid 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 was Monday, July 6th. GE Aerospace's dividend payout ratio is 22.14%.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on GE shares. Sanford C. Bernstein set a $421.00 price objective on GE Aerospace and gave the stock an "outperform" rating in a research note on Thursday, July 23rd. Deutsche Bank Aktiengesellschaft reiterated a "buy" rating and set a $450.00 price target on shares of GE Aerospace in a report on Monday, July 27th. Wells Fargo & Company reissued an "overweight" rating and issued a $390.00 price objective on shares of GE Aerospace in a report on Monday, July 20th. Jefferies Financial Group raised their price objective on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a "buy" rating in a research report on Thursday, July 2nd. Finally, Susquehanna reaffirmed a "positive" rating and set a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $390.59.

Insider Buying and Selling

In other news, SVP Mohamed Ali sold 8,096 shares of the firm's stock in a transaction on Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the transaction, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.19% of the stock is owned by company insiders.

Key Headlines Impacting GE Aerospace

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

• Positive Sentiment: Strong jet-engine demand, an established customer base and billions in free cash flow continue to support GE’s investment case compared with less-established aerospace competitors. Archer Aviation vs. GE Aerospace: Which Industrials Stock Is a Better Buy in 2026?
• Positive Sentiment: GE is targeting margin improvement through cost controls and converting its sizable backlog into revenue, while recent second-quarter results showed strong growth and an improved 2026 outlook. Can GE Aerospace Boost Profit Margin Amid Cost Pressures?
• Positive Sentiment: Analyst sentiment remains constructive, with a Moderate Buy consensus and a reported median price target of $387.50, above the latest quoted share price. Recent institutional activity also showed several large investors adding GE shares. Why GE Aerospace (GE) Stock Is Down Today

GE Aerospace Company Profile

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.

Want to see what other hedge funds are holding GE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Aerospace (NYSE:GE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source