GE Aerospace $GE Shares Bought by Czech National Bank

Key Points

• Czech National Bank increased its stake in GE Aerospace by 3.3% in Q3, buying 8,668 shares to hold 269,330 shares valued at $81.02 million, about 0.6% of its portfolio and its 26th largest holding.
• Other major institutional moves include Norges Bank opening a roughly $3.41 billion position and Vanguard holding about 91.99 million shares, with institutions owning roughly 74.77% of the stock.
• Q3 earnings beat (EPS $1.66 vs. $1.46 expected) and FY‑2025 guidance of 6.00–6.20 EPS underpin a consensus "Moderate Buy" from analysts, with an average price target of $309.94 and some targets as high as $386.

Czech National Bank boosted its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 3.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 269,330 shares of the company's stock after buying an additional 8,668 shares during the quarter. GE Aerospace accounts for about 0.6% of Czech National Bank's portfolio, making the stock its 26th largest holding. Czech National Bank's holdings in GE Aerospace were worth $81,020,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Norges Bank purchased a new position in shares of GE Aerospace during the second quarter worth $3,408,828,000. Amundi grew its position in GE Aerospace by 124.0% during the 1st quarter. Amundi now owns 3,200,479 shares of the company's stock worth $600,506,000 after purchasing an additional 1,771,944 shares during the period. Price T Rowe Associates Inc. MD grew its position in GE Aerospace by 6.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 25,131,285 shares of the company's stock worth $5,030,028,000 after purchasing an additional 1,492,486 shares during the period. Vanguard Group Inc. raised its stake in shares of GE Aerospace by 1.6% during the 2nd quarter. Vanguard Group Inc. now owns 91,989,511 shares of the company's stock valued at $23,677,180,000 after buying an additional 1,482,069 shares during the last quarter. Finally, 1832 Asset Management L.P. lifted its holdings in shares of GE Aerospace by 7,406.4% in the 1st quarter. 1832 Asset Management L.P. now owns 1,212,209 shares of the company's stock valued at $242,624,000 after buying an additional 1,196,060 shares during the period. 74.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. TD Cowen raised their target price on GE Aerospace from $300.00 to $330.00 and gave the stock a "buy" rating in a report on Tuesday, October 7th. Wolfe Research raised their price objective on shares of GE Aerospace from $280.00 to $330.00 and gave the stock an "outperform" rating in a research note on Thursday, October 9th. Zacks Research cut shares of GE Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Friday, September 26th. Citigroup initiated coverage on shares of GE Aerospace in a report on Thursday, December 11th. They set a "buy" rating and a $386.00 price target on the stock. Finally, Sanford C. Bernstein reaffirmed an "outperform" rating on shares of GE Aerospace in a report on Monday, October 27th. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $309.94.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the business's stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the completion of the sale, the senior vice president directly owned 150,434 shares in the company, valued at approximately $44,785,706.14. The trade was a 5.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.21% of the company's stock.

GE Aerospace Trading Down 2.2%

Shares of NYSE:GE opened at $292.09 on Thursday. The business's 50 day moving average price is $299.35 and its 200-day moving average price is $279.35. GE Aerospace has a 1 year low of $159.36 and a 1 year high of $316.67. The firm has a market capitalization of $308.10 billion, a price-to-earnings ratio of 39.00, a price-to-earnings-growth ratio of 2.31 and a beta of 1.40. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.08 and a quick ratio of 0.76.

GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings data on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, topping analysts' consensus estimates of $1.46 by $0.20. The company had revenue of $11.31 billion during the quarter, compared to analysts' expectations of $10.29 billion. GE Aerospace had a net margin of 18.34% and a return on equity of 34.01%. The firm's revenue for the quarter was up 26.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.15 earnings per share. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. On average, equities research analysts forecast that GE Aerospace will post 5.4 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, January 26th. Investors of record on Monday, December 29th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. GE Aerospace's dividend payout ratio (DPR) is currently 19.23%.

GE Aerospace Company Profile

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.

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