GE Aerospace $GE Shares Purchased by Envestnet Asset Management Inc.

Key Points

• Envestnet Asset Management increased its GE Aerospace stake by 3.7% in the second quarter to 1.51 million shares valued at approximately $563.5 million. Institutional investors and hedge funds collectively own 74.77% of the company.
• GE Aerospace exceeded quarterly expectations, reporting $2.02 in EPS and $12.63 billion in revenue, with revenue rising 21.1% year over year. The company’s FY 2026 EPS guidance is $7.65–$7.85.
• The company declared a quarterly dividend of $0.47 per share, equivalent to a 0.6% annual yield. Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus and an average price target of $387.22, although GE’s valuation near 38 times earnings remains elevated.

Envestnet Asset Management Inc. boosted its stake in GE Aerospace (NYSE:GE - Free Report) by 3.7% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,507,740 shares of the company's stock after acquiring an additional 54,448 shares during the quarter. Envestnet Asset Management Inc. owned about 0.15% of GE Aerospace worth $563,485,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in GE. Auto Owners Insurance Co increased its stake in shares of 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 worth $2,024,413,000 after buying an additional 65,595,733 shares during the last quarter. State Street Corp boosted its stake in 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 acquiring an additional 1,160,584 shares during the last quarter. Geode Capital Management LLC grew its holdings in GE Aerospace by 1.3% during the 4th 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 in the last quarter. Norges Bank bought a new stake in shares of GE Aerospace in the 4th quarter worth about $4,444,736,000. Finally, Jennison Associates LLC increased 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 worth $3,128,850,000 after purchasing an additional 3,017,937 shares during the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Stock Performance

Shares of GE stock opened at $319.69 on Thursday. 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 of $345.51 and a two-hundred day moving average of $327.25. GE Aerospace has a 52 week low of $268.91 and a 52 week high of $388.84. The company has a market cap of $331.70 billion, a P/E ratio of 37.66, a PEG ratio of 2.33 and a beta of 1.35.

GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly earnings results 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. The business had revenue of $12.63 billion for 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%.The business's revenue was up 21.1% on a year-over-year basis. During the same quarter last year, the business posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, analysts anticipate that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Dividend Announcement

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

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the company's stock in a transaction dated 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 transaction, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.19% of the stock is owned by insiders.

More GE Aerospace News

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

• Positive Sentiment: GE Aerospace and Kratos Defense achieved first ignition of the jointly developed GEK800 turbofan engine. The milestone supports GE’s expansion into scalable, lower-cost propulsion for drones and cruise missiles, adding to its defense diversification opportunity. Kratos and GE Aerospace achieve first ignition of GEK800 missile engine
• Positive Sentiment: GE announced a $225 million modernization of its Niskayuna Research Center. The investment could strengthen research capabilities in advanced propulsion and aerospace technologies, although benefits are primarily longer term. GE Aerospace to modernize Research Center with $225M
• Positive Sentiment: Strong demand for CFM56 engine overhauls highlights the durability of GE Aerospace’s installed commercial-engine base and supports recurring aftermarket revenue. GE’s large services backlog and pricing power remain important supports for the investment case. CFM56 Overhaul Demand Remains Strong
• Positive Sentiment: Jefferies lowered its price target to $435 from $455 but maintained a Buy rating, indicating that the firm still sees substantial upside despite moderating expectations. Jefferies Adjusts Price Target on GE Aerospace
• Neutral Sentiment: GE appointed Wes Bush as independent lead director, a governance change intended to strengthen board oversight. The move is generally constructive but is unlikely to materially affect near-term earnings. GE Aerospace names Wes Bush independent lead director
• Neutral Sentiment: GE declared a quarterly dividend of $0.47 per share, with an October 5 ex-dividend date. The payment supports shareholder returns, though its roughly 0.6% yield is modest. GE Aerospace declares $0.47 dividend
• Negative Sentiment: Boeing and GE Aerospace reportedly disagree over the cause of a holdup in 777-9 ETOPS testing. Any delay to certification or aircraft deliveries could defer engine-related revenue and create execution uncertainty. Boeing And GE Aerospace Differ On Cause Of 777-9 ETOPS Testing Holdup
• Negative Sentiment: At roughly 38 times earnings, GE trades at a premium valuation after a very large five-year gain. That leaves the stock vulnerable if commercial aftermarket growth, margins or cash-flow expectations weaken, particularly amid elevated oil prices. General Electric Stock Looks Fairly Valued on Cash Flow

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Susquehanna reaffirmed a "positive" rating and set a $430.00 price target (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. Melius Research set a $350.00 price objective on GE Aerospace and gave the company a "hold" rating in a report on Monday, September 14th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $450.00 price objective on shares of GE Aerospace in a research note on Monday, July 27th. Jefferies Financial Group set a $435.00 target price on GE Aerospace and gave the stock a "buy" rating in a report on Wednesday. Finally, TD Cowen reiterated a "buy" rating and issued a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Sixteen equities 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 company's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $387.22.

GE Aerospace Company Profile

GE Aerospace NYSE: GE is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.

The company's products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.

GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.

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