Farther Finance Advisors LLC Acquires 6,057 Shares of GE Aerospace $GE

Key Points

• Farther Finance Advisors increased its GE Aerospace stake by 16.3% in the third quarter, adding 6,057 shares to own 43,115 shares valued at approximately $13.46 million. Institutional investors and hedge funds collectively own 74.77% of GE shares.
• Analysts maintain a favorable outlook, with a consensus rating of “Moderate Buy” and an average price target of $386.67. GE Aerospace also exceeded quarterly expectations, reporting $2.02 in EPS and $12.63 billion in revenue, up 21.1% year over year.
• GE Aerospace declared a quarterly dividend of $0.47 per share, equivalent to $1.88 annually and a 0.6% yield. Separately, SVP Mohamed Ali sold 8,096 shares, while insiders collectively own just 0.19% of the company.

Farther Finance Advisors LLC boosted its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 16.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 43,115 shares of the company's stock after acquiring an additional 6,057 shares during the period. Farther Finance Advisors LLC's holdings in GE Aerospace were worth $13,464,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Auto Owners Insurance Co raised its position in shares of GE Aerospace by 52,247.5% during the fourth quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company's stock worth $2,024,413,000 after purchasing an additional 65,595,733 shares during the period. 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 valued at $17,377,559,000 after purchasing an additional 1,160,584 shares in the last quarter. Jennison Associates LLC grew its position in shares of GE Aerospace by 37.7% in the 1st quarter. Jennison Associates LLC now owns 11,026,006 shares of the company's stock valued at $3,128,850,000 after purchasing an additional 3,017,937 shares during the period. Invesco Ltd. grew its position in shares of GE Aerospace by 2.1% in the 4th quarter. Invesco Ltd. now owns 9,280,276 shares of the company's stock valued at $2,858,604,000 after purchasing an additional 189,979 shares during the period. Finally, Bank of America Corp DE increased its stake in GE Aerospace by 10.0% during the 1st quarter. Bank of America Corp DE now owns 7,664,679 shares of the company's stock worth $2,175,006,000 after purchasing an additional 695,731 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction 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 completion of the sale, the senior vice president 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.19% of the company's stock.

Analyst Upgrades and Downgrades

GE has been the topic of several research analyst reports. Jefferies Financial Group set a $435.00 target price on shares of GE Aerospace and gave the stock a "buy" rating in a report on Wednesday, September 23rd. Susquehanna reiterated a "positive" rating and set a $430.00 target price (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. The Goldman Sachs Group restated a "buy" rating and issued a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $450.00 price objective on shares of GE Aerospace in a research report on Monday, July 27th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and set a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. Sixteen analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, GE Aerospace presently has a consensus rating of "Moderate Buy" and an average price target of $386.67.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: GE Aerospace delivered four additional F404 engines for India’s Tejas LCA Mk-1A fighter jets in September, keeping its plan to deliver 20 engines on schedule. The deliveries support near-term revenue visibility and the company’s position in India’s defense supply chain. GE Aerospace ships four more F404 engines for Tejas
• Positive Sentiment: GE Aerospace declared a $0.47-per-share dividend, reinforcing shareholder returns and signaling continued confidence in cash generation. GE Aerospace declares dividend
• Neutral Sentiment: The GE Aerospace Foundation is investing $1 million in Alabama aerospace workforce training. The initiative may strengthen the company’s long-term labor pipeline, but it is unlikely to materially affect near-term earnings. GE Aerospace Foundation workforce investment
• Neutral Sentiment: Analysts are comparing GE Aerospace with General Dynamics as a potential value investment. The coverage could attract interest, but it does not represent a new company-specific catalyst. GD or GE: Which is the better value stock
• Negative Sentiment: GE Aerospace stock has entered bear-market territory, with selling pressure driven by concerns that its valuation remains elevated. A potential “death cross,” in which the 50-day moving average falls below the 200-day average, could further weaken technical sentiment. GE Aerospace stock bear-market analysis
• Negative Sentiment: A competition regulator referred allegations involving restrictions on parts and technical information for medical-imaging equipment servicing to a tribunal. Because medical imaging is no longer part of GE Aerospace, the direct financial impact on GE is likely limited, but the regulatory headline may create broader reputational uncertainty. GE faces competition tribunal referral

GE Aerospace Stock Up 0.7%

GE stock opened at $305.85 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The business has a 50 day moving average price of $337.31 and a two-hundred day moving average price of $327.64. The company has a market cap of $317.33 billion, a price-to-earnings ratio of 36.02, a P/E/G ratio of 2.22 and a beta of 1.38. 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 return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion for the quarter, compared to analysts' expectations of $11.87 billion. During the same quarter in the prior year, the business posted $1.66 EPS. The business's revenue was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Analysts anticipate that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The company 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 of this dividend is Monday, October 5th. GE Aerospace's dividend payout ratio is 22.14%.

GE Aerospace Company 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.

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.