Galvin Gaustad & Stein LLC Cuts Holdings in GE Aerospace $GE

Key Points

• Galvin Gaustad & Stein LLC reduced its GE Aerospace stake by 13.5% in the third quarter, selling 11,188 shares and retaining 71,439 shares valued at approximately $22.3 million. Institutional investors collectively own 74.77% of the company.
• GE Aerospace reported strong quarterly results, with EPS of $2.02 and revenue of $12.63 billion, both above analyst expectations, while revenue increased 21.1% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $386.67.
• The company declared a quarterly dividend of $0.47 per share, equivalent to an annualized $1.88 dividend and a 0.6% yield. However, the stock faces technical pressure after falling below its moving averages and entering bear-market territory.

Galvin Gaustad & Stein LLC cut its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 13.5% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 71,439 shares of the company's stock after selling 11,188 shares during the period. GE Aerospace accounts for 1.7% of Galvin Gaustad & Stein LLC's portfolio, making the stock its 15th biggest position. Galvin Gaustad & Stein LLC's holdings in GE Aerospace were worth $22,310,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in GE. Susquehanna Fundamental Investments LLC boosted its stake in shares of GE Aerospace by 261.0% in the 2nd quarter. Susquehanna Fundamental Investments LLC now owns 213,603 shares of the company's stock worth $79,830,000 after buying an additional 154,429 shares during the last quarter. Clough Capital Partners L P increased its position in GE Aerospace by 37.1% during the first quarter. Clough Capital Partners L P now owns 70,535 shares of the company's stock valued at $20,016,000 after acquiring an additional 19,105 shares during the last quarter. Ascentis Independent Advisors lifted its holdings in GE Aerospace by 207.3% in the first quarter. Ascentis Independent Advisors now owns 4,317 shares of the company's stock valued at $1,225,000 after acquiring an additional 2,912 shares during the period. HWG Holdings LP lifted its holdings in GE Aerospace by 54.7% in the third quarter. HWG Holdings LP now owns 15,640 shares of the company's stock valued at $4,884,000 after acquiring an additional 5,531 shares during the period. Finally, Sumitomo Mitsui Financial Group Inc. boosted its position in GE Aerospace by 13.7% in the fourth quarter. Sumitomo Mitsui Financial Group Inc. now owns 110,050 shares of the company's stock worth $33,900,000 after purchasing an additional 13,277 shares during 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: 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

Analyst Upgrades and Downgrades

Several research firms have recently commented on GE. Citigroup reaffirmed a "buy" rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. TD Cowen restated a "buy" rating and set a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of GE Aerospace in a report on Wednesday, September 9th. Weiss Ratings upgraded shares of GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, July 17th. Finally, Susquehanna reiterated a "positive" rating and set a $430.00 price target (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Sixteen research analysts have rated the stock with 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, the company has an average rating of "Moderate Buy" and an average price target of $386.67.

GE Aerospace Trading Up 0.7%

GE Aerospace stock opened at $305.85 on Friday. The stock has a market cap of $317.33 billion, a P/E ratio of 36.02, a PEG ratio of 2.22 and a beta of 1.38. The firm's 50 day moving average price is $337.31 and its 200-day moving average price is $327.64. 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 has a 1 year low of $268.91 and a 1 year high of $388.84.

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

GE Aerospace Announces Dividend

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

Insiders Place Their Bets

In related news, SVP Mohamed Ali sold 8,096 shares of the company'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 $7,309,770.86. This represents a 28.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.19% of the stock is currently owned by company insiders.

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.

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