GE Aerospace $GE Shares Acquired by Hennion & Walsh Asset Management Inc.

Key Points

• Institutional ownership increased: Hennion & Walsh Asset Management raised its GE Aerospace stake by 6.5% to 48,974 shares worth approximately $18.3 million. Overall, institutional investors and hedge funds own 74.77% of the company.
• Strong quarterly results: GE Aerospace reported $2.02 in quarterly EPS and $12.63 billion in revenue, exceeding analyst estimates and representing 21.1% year-over-year revenue growth. The company guided to fiscal 2026 EPS of $7.65–$7.85.
• Analysts remain broadly positive: Sixteen analysts rate the stock Buy, compared with two Holds and one Sell, producing a “Moderate Buy” consensus and an average price target of $390.59. GE shares recently traded at $370.40, while the company maintains a $0.47 quarterly dividend.

Hennion & Walsh Asset Management Inc. lifted its stake in GE Aerospace (NYSE:GE - Free Report) by 6.5% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 48,974 shares of the company's stock after buying an additional 2,976 shares during the quarter. Hennion & Walsh Asset Management Inc.'s holdings in GE Aerospace were worth $18,303,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in GE Aerospace by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company's stock worth $28,564,097,000 after buying an additional 699,364 shares in the last quarter. Auto Owners Insurance Co increased its holdings 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 increased its holdings in GE Aerospace by 1.5% in the fourth quarter. State Street Corp now owns 45,240,802 shares of the company's stock valued at $13,951,570,000 after buying an additional 663,160 shares in the last quarter. Geode Capital Management LLC raised its position in shares of GE Aerospace by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company's stock worth $7,615,200,000 after acquiring an additional 312,880 shares during the period. Finally, Norges Bank acquired a new position in shares of GE Aerospace in the fourth quarter worth about $4,444,736,000. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Stock Performance

GE opened at $370.40 on Friday. The firm's fifty day simple moving average is $353.75 and its two-hundred day simple moving average is $322.74. GE Aerospace has a 52-week low of $263.80 and a 52-week high of $388.84. The company has a market cap of $384.32 billion, a price-to-earnings ratio of 43.63, a PEG ratio of 2.70 and a beta of 1.36. 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 released its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter 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. Equities analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, July 6th. GE Aerospace's payout ratio is 22.14%.

Insider Buying and Selling

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction that occurred on 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 completion of the transaction, the senior vice president owned 20,666 shares of the company's stock, valued at $7,309,770.86. This represents a 28.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.19% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $450.00 target price on shares of GE Aerospace in a research note on Monday, July 27th. Morgan Stanley reduced their price target on GE Aerospace from $425.00 to $400.00 and set an "overweight" rating for the company in a report on Wednesday, April 22nd. The Goldman Sachs Group reiterated a "buy" rating and set a $410.00 price target on shares of GE Aerospace in a research report on Monday, July 20th. Wells Fargo & Company reissued an "overweight" rating and issued a $390.00 price objective on shares of GE Aerospace in a report on Monday, July 20th. Finally, TD Cowen restated a "buy" rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Sixteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $390.59.

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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