Courier Capital LLC Sells 6,198 Shares of GE Aerospace $GE

Key Points

• Courier Capital cut its GE Aerospace stake by 77.7% in the third quarter, selling 6,198 shares and retaining 1,778 shares valued at approximately $555,000. Institutional investors collectively own 74.77% of GE.
• GE Aerospace is pursuing growth through a government-backed Prestwick facility expansion, increased India supply-chain investment and potential defense maintenance opportunities, though investors remain cautious about the valuation and execution risks of its planned $11.75 billion CPP acquisition.
• The stock recently traded near $308, while analysts maintain a “Moderate Buy” consensus with an average price target of $386.67. GE also declared a $0.47 quarterly dividend and is scheduled to report third-quarter results on October 20.

Courier Capital LLC lessened its stake in GE Aerospace (NYSE:GE - Free Report) by 77.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,778 shares of the company's stock after selling 6,198 shares during the period. Courier Capital LLC's holdings in GE Aerospace were worth $555,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GE. State Street Corp lifted its holdings in shares of GE Aerospace by 2.6% during the 2nd quarter. State Street Corp now owns 46,497,628 shares of the company's stock worth $17,377,559,000 after acquiring an additional 1,160,584 shares during the last quarter. Jennison Associates LLC increased its stake in GE Aerospace by 37.7% in the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company's stock valued at $3,128,850,000 after acquiring an additional 3,017,937 shares during the last quarter. Invesco Ltd. increased its stake in GE Aerospace by 2.1% in the fourth quarter. Invesco Ltd. now owns 9,280,276 shares of the company's stock valued at $2,858,604,000 after acquiring an additional 189,979 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its stake in GE Aerospace by 6.3% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 7,251,603 shares of the company's stock valued at $2,710,142,000 after acquiring an additional 427,820 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in GE Aerospace by 97.3% during the second quarter. Wellington Management Group LLP now owns 6,797,935 shares of the company's stock valued at $2,540,592,000 after purchasing an additional 3,352,432 shares in the last quarter. Institutional investors own 74.77% of the company's stock.

GE Aerospace News Roundup

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

• Positive Sentiment: UK-backed Prestwick expansion: GE secured up to £33 million in government funding, alongside approximately £27 million from the company, to modernize its Prestwick maintenance facility. The project is expected to protect 850 jobs and create 150 more, strengthening GE’s long-term engine-maintenance footprint for Boeing 787 aircraft. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
• Positive Sentiment: India growth investment: GE plans to nearly double its India supply-chain spending to $400 million by 2030, increasing local sourcing as commercial aviation demand expands. Management also expects GE- and partner-built CFM engines to power the large majority of new aircraft entering India, supporting future volume and aftermarket opportunities. GE to Double India Sourcing to $400 Million by 2030
• Positive Sentiment: Defense opportunities: GE Aerospace, Shield AI and Poland’s WZL-2 signed a memorandum of understanding to explore F110 engine maintenance for autonomous fighter aircraft. The initiative could broaden GE’s defense and military maintenance pipeline, although it remains an early-stage opportunity. Shield AI and Poland’s WZL-2 Sign MOU
• Positive Sentiment: Analyst support: Susquehanna reportedly set a $430 price target, signaling substantial upside from recent trading levels and reinforcing the bullish view on GE’s aerospace earnings outlook. Susquehanna Sets $430 Target for GE Aerospace
• Neutral Sentiment: Earnings approaching: GE is scheduled to report third-quarter results before the market opens on October 20. Forecast revisions ahead of the report could increase volatility, with investors focused on execution, cash flow and full-year guidance. GE Aerospace Earnings Are Imminent
• Negative Sentiment: CPP acquisition valuation concerns: GE’s planned $11.75 billion purchase of Consolidated Precision Products should improve control over critical castings, but investors are assessing whether the large deal can justify GE’s elevated earnings multiple and avoid integration or execution pressure. GE Aerospace: Can an $11.75 Billion Foundry Deal Defend Its Premium?

GE Aerospace Trading Down 0.2%

Shares of GE Aerospace stock traded down $0.52 during trading on Tuesday, reaching $308.12. The company's stock had a trading volume of 4,516,473 shares, compared to its average volume of 5,094,584. GE Aerospace has a 52-week low of $268.91 and a 52-week high of $388.84. The company has a market cap of $319.69 billion, a price-to-earnings ratio of 36.29, a PEG ratio of 2.25 and a beta of 1.38. The firm's 50-day moving average is $335.02 and its two-hundred day moving average is $327.88. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.

GE Aerospace (NYSE:GE - Get Free Report) last issued its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping analysts' consensus estimates of $1.86 by $0.16. The company had revenue of $12.63 billion for the quarter, compared to analysts' expectations of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm's revenue was up 21.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, sell-side analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

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

Insider Activity

In other news, SVP Mohamed Ali sold 8,096 shares of the firm's stock in a transaction dated 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 transaction, the senior vice president directly owned 20,666 shares of the company's stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 0.19% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on GE shares. UBS Group lifted their price target on GE Aerospace from $426.00 to $435.00 and gave the stock a "buy" rating in a research note on Friday, July 17th. Weiss Ratings upgraded GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 17th. Wells Fargo & Company reduced their price objective on GE Aerospace from $390.00 to $380.00 and set an "overweight" rating on the stock in a research report on Wednesday, September 30th. Melius Research set a $350.00 price objective on GE Aerospace and gave the company a "hold" rating in a report on Monday, September 14th. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $410.00 target price on shares of GE Aerospace in a research report on Monday, July 20th. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $386.67.

About GE Aerospace

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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