Canandaigua National Bank & Trust Co. Reduces Position in GE Aerospace $GE

Key Points

• Canandaigua National Bank & Trust Co. cut its stake by 26.7% in GE Aerospace in Q4, selling 5,063 shares and leaving 13,916 shares valued at about $4.29M, while insiders and other institutions also reduced positions (insiders sold ~37,398 shares worth $11.46M) and hedge funds own 74.77% of the stock.
• GE Aerospace posted a strong Q1 with EPS of $1.86 (vs. $1.60 expected), revenue up 24.6% YoY, an 87% jump in orders and a record backlog, improving medium‑term revenue visibility.
• Despite the beat, management trimmed FY2026 guidance and flagged margin pressures tied to geopolitical and fuel risks, spurring near‑term weakness; consensus remains a "Moderate Buy" with an average target of ~$350 and the company recently raised its quarterly dividend to $0.47.

Canandaigua National Bank & Trust Co. decreased its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 26.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,916 shares of the company's stock after selling 5,063 shares during the quarter. Canandaigua National Bank & Trust Co.'s holdings in GE Aerospace were worth $4,287,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Jacobsen Capital Management grew its holdings in shares of GE Aerospace by 1.4% in the third quarter. Jacobsen Capital Management now owns 2,295 shares of the company's stock valued at $690,000 after purchasing an additional 32 shares during the period. Harfst & Associates Inc. grew its holdings in shares of GE Aerospace by 0.4% in the third quarter. Harfst & Associates Inc. now owns 7,444 shares of the company's stock valued at $2,239,000 after purchasing an additional 33 shares during the period. Ledyard National Bank grew its holdings in shares of GE Aerospace by 1.2% in the third quarter. Ledyard National Bank now owns 2,754 shares of the company's stock valued at $828,000 after purchasing an additional 33 shares during the period. Hardy Reed LLC grew its holdings in shares of GE Aerospace by 0.7% in the third quarter. Hardy Reed LLC now owns 4,999 shares of the company's stock valued at $1,504,000 after purchasing an additional 33 shares during the period. Finally, Wolff Wiese Magana LLC grew its holdings in shares of GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company's stock valued at $1,070,000 after purchasing an additional 33 shares during the period. Hedge funds and other institutional investors own 74.77% of the company's stock.

Key GE Aerospace News

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

• Positive Sentiment: Q1 results beat expectations — strong top-line growth, EPS outperformance, an 87% jump in orders and a record backlog bolster medium-term revenue visibility. GE Aerospace Stock (GE) Opinions on Q1 Earnings Release
• Positive Sentiment: Defense exposure and contract wins are tailwinds — the Pentagon added $46M to a helicopter-engine contract and GE continues to collect significant government awards, supporting defense segment revenue. Pentagon Adds $46M to GE Engine Contract
• Positive Sentiment: Macro defense spending is rising — higher global military budgets lift ETFs and the sector, which helps GE’s defense backlog and visibility. Defense ETFs to Buy as Global Military Spending Rises 2.9%
• Positive Sentiment: Commercial OEM orders still growing — large airline orders (e.g., Copa’s Boeing 737 MAX deal) imply ongoing demand for engines and services over the medium term. Panama's Copa Airlines orders 60 more Boeing 737 MAX
• Neutral Sentiment: Analyst coverage remains constructive — multiple firms still carry above-current price targets (median ~$350), leaving upside in consensus estimates despite near-term headwinds. GE Aerospace Stock (GE) Opinions on Q1 Earnings Release
• Neutral Sentiment: Market chatter and trending stock status — retail and social-media buying is visible in the pullback, creating short-term volatility but not yet changing fundamentals. GE Aerospace (GE) Is a Trending Stock
• Negative Sentiment: Management trimmed FY2026 guidance and flagged margin pressure tied to geopolitical (Middle East) and fuel-price risks — the guidance cut, not the beat, appears to have driven the immediate sell-off. The Top 5 Analyst Questions From GE Aerospace’s Q1 Earnings Call
• Negative Sentiment: Insider and large institutional selling noted in recent filings — several senior insiders sold shares and some big holders materially reduced positions, which can amplify downward pressure. GE Aerospace Stock (GE) Opinions on Q1 Earnings Release

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on GE. Jefferies Financial Group set a $365.00 price objective on shares of GE Aerospace in a report on Sunday. BNP Paribas Exane increased their target price on shares of GE Aerospace from $290.00 to $300.00 and gave the stock an "underperform" rating in a research note on Wednesday, April 22nd. Royal Bank Of Canada reaffirmed an "outperform" rating and set a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, April 22nd. Zacks Research lowered shares of GE Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 24th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on shares of GE Aerospace from $375.00 to $387.00 and gave the stock a "buy" rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, GE Aerospace currently has an average rating of "Moderate Buy" and an average target price of $349.89.

Insider Transactions at GE Aerospace

In other news, SVP Amy L. Gowder sold 4,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $305.73, for a total transaction of $1,222,920.00. Following the sale, the senior vice president owned 16,535 shares of the company's stock, valued at approximately $5,055,245.55. This represents a 19.48% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, VP Robert M. Giglietti sold 3,035 shares of the stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $305.51, for a total transaction of $927,222.85. Following the sale, the vice president directly owned 10,583 shares in the company, valued at $3,233,212.33. This represents a 22.29% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 37,398 shares of company stock valued at $11,455,491. 0.19% of the stock is currently owned by corporate insiders.

GE Aerospace Stock Down 2.1%

Shares of GE opened at $283.10 on Thursday. The stock has a market capitalization of $295.37 billion, a PE ratio of 34.86, a P/E/G ratio of 2.65 and a beta of 1.43. GE Aerospace has a 1 year low of $196.86 and a 1 year high of $348.48. 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 company's 50-day simple moving average is $306.50 and its 200-day simple moving average is $306.39.

GE Aerospace (NYSE:GE - Get Free Report) last issued its quarterly 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. The business had revenue of $11.61 billion for the quarter, compared to analysts' expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts forecast that GE Aerospace will post 7.45 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, March 9th were given a dividend of $0.47 per share. This is a boost from GE Aerospace's previous quarterly dividend of $0.36. This represents a $1.88 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 9th. GE Aerospace's dividend payout ratio is currently 23.15%.

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.

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