GE Aerospace $GE Shares Acquired by CX Institutional

Key Points

• CX Institutional increased its GE Aerospace stake by 264% in the third quarter, owning 41,798 shares valued at approximately $13.1 million. Institutional investors collectively hold 74.77% of the company.
• Analysts remain broadly positive, with 16 Buy ratings, three Holds and one Sell; GE Aerospace has a “Moderate Buy” consensus and an average price target of $386.67.
• GE Aerospace reported quarterly earnings and revenue above expectations, while shares recently fell 0.9% to $309.49. The company also declared a quarterly dividend of $0.47 per share, representing a 0.6% annualized yield.

CX Institutional increased its position in shares of GE Aerospace (NYSE:GE - Free Report) by 264.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 41,798 shares of the company's stock after acquiring an additional 30,315 shares during the period. CX Institutional's holdings in GE Aerospace were worth $13,053,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the company. Auto Owners Insurance Co boosted its stake in GE Aerospace by 52,247.5% in the fourth quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company's stock valued at $2,024,413,000 after buying an additional 65,595,733 shares in the last quarter. State Street Corp raised its stake in GE Aerospace by 2.6% during the second 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 in the last quarter. Jennison Associates LLC lifted its holdings in shares of GE Aerospace by 37.7% in the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company's stock worth $3,128,850,000 after acquiring an additional 3,017,937 shares during the last quarter. Invesco Ltd. lifted its holdings in shares of GE Aerospace by 2.1% in the fourth quarter. Invesco Ltd. now owns 9,280,276 shares of the company's stock worth $2,858,604,000 after acquiring an additional 189,979 shares during the last quarter. Finally, Bank of America Corp DE boosted its stake in shares of GE Aerospace by 10.0% in the 1st quarter. Bank of America Corp DE now owns 7,664,679 shares of the company's stock valued at $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.

Analyst Upgrades and Downgrades

GE has been the topic of several research reports. Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating and set a $450.00 price target on shares of GE Aerospace in a report on Monday, July 27th. Susquehanna restated a "positive" rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of GE Aerospace in a research note on Wednesday, September 9th. The Goldman Sachs Group reiterated a "buy" rating and issued a $410.00 price target on shares of GE Aerospace in a research note on Monday, July 20th. Finally, JPMorgan Chase & Co. raised their price objective on GE Aerospace from $335.00 to $400.00 and gave the company an "overweight" rating in a report on Monday, July 20th. Sixteen 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 stock. According to data from MarketBeat, GE Aerospace has a consensus rating of "Moderate Buy" and an average price target of $386.67.

GE Aerospace Trading Down 0.9%

Shares of NYSE:GE traded down $2.90 during mid-day trading on Friday, reaching $309.49. 4,162,144 shares of the company's stock were exchanged, compared to its average volume of 5,129,061. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. GE Aerospace has a twelve month low of $268.91 and a twelve month high of $388.84. The firm has a market capitalization of $321.11 billion, a price-to-earnings ratio of 36.45, a PEG ratio of 2.28 and a beta of 1.38. The business's fifty day moving average price is $342.34 and its 200-day moving average price is $327.29.

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

GE Aerospace Dividend Announcement

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

More GE Aerospace News

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

• Positive Sentiment: GE Aerospace declared a quarterly dividend of $0.47 per share, reinforcing shareholder returns and signaling confidence in cash generation. GE Aerospace declares quarterly dividend
• Positive Sentiment: The company is committing the first funding from a $30 million workforce-development program, including nearly $1 million for Southwest Ohio organizations. The effort could help expand its skilled labor pipeline and support future production capacity. GE Aerospace workforce development investment
• Positive Sentiment: GE Aerospace added aftermarket support relationships with FL Technics Indonesia for Boeing 737 and Airbus A320 avionics and with Aero Norway for LEAP engine-module work. These agreements expand its global maintenance, repair and overhaul ecosystem, although near-term financial benefits were not disclosed. FL Technics Indonesia partnership Aero Norway LEAP agreement
• Neutral Sentiment: GE Aerospace is reportedly spending $11.75 billion to address engine-production bottlenecks. The investment may improve long-term delivery capacity, but it also highlights execution demands and substantial capital requirements. GE Aerospace engine bottleneck investment
• Negative Sentiment: Wells Fargo cut its price target to $380 while maintaining a Buy rating, and separate coverage characterized its outlook as pessimistic. The target reduction likely pressured GE, particularly because the stock trades at roughly 36 times earnings—well above the broader market—leaving less room for execution disappointments. Wells Fargo lowers GE Aerospace target GE Aerospace analyst downgrade

Insider Activity at GE Aerospace

In other 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 transaction of $2,863,636.16. Following the completion of the sale, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. This represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.19% of the company's stock.

GE Aerospace 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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