GE Aerospace $GE Shares Purchased by National Pension Service

Key Points

• National Pension Service increased its GE Aerospace stake by 1.9% in the second quarter, adding 45,416 shares to own 2.44 million shares valued at approximately $910.5 million. Institutional investors and hedge funds collectively own 74.77% of the company.
• GE Aerospace agreed to acquire precision-castings manufacturer CPP for $11.75 billion, aiming to ease production bottlenecks and expand engine capacity. The deal will be funded with about $7 billion in cash and additional debt, creating execution, valuation and regulatory risks.
• Recent operating results exceeded expectations, with quarterly EPS of $2.02 and revenue of $12.63 billion, while analysts maintain a broadly positive outlook with a consensus “Moderate Buy” rating and $390.59 price target. Separately, SVP Mohamed Ali sold 8,096 shares for about $2.86 million.

National Pension Service raised its position in GE Aerospace (NYSE:GE - Free Report) by 1.9% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,436,124 shares of the company's stock after purchasing an additional 45,416 shares during the period. GE Aerospace comprises about 0.6% of National Pension Service's investment portfolio, making the stock its 29th largest position. National Pension Service owned about 0.23% of GE Aerospace worth $910,453,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GE. Blueline Advisors LLC acquired a new position in shares of GE Aerospace in the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC acquired a new stake in GE Aerospace during the fourth quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace in the 4th quarter worth approximately $32,000. Paladin Partners LLC acquired a new position in GE Aerospace in the 2nd quarter valued at $38,000. Finally, Lifetime Wealth Management P.C. acquired a new position in GE Aerospace in the 4th quarter valued at $40,000. 74.77% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the firm's stock in a transaction that occurred on 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 transaction, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.19% of the company's stock.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: CPP acquisition addresses a key production bottleneck. GE Aerospace agreed to acquire the precision-castings manufacturer for $11.75 billion, gaining direct control over components used in commercial aircraft engines, defense systems and aftermarket programs. Management expects the transaction to increase adjusted earnings per share and free cash flow in the first year after closing. GE Aerospace to spend nearly $12 billion to bring key castings supplier in-house
• Positive Sentiment: Greater capacity could support long-term growth. CPP’s more than 6,600 employees and 20-plus facilities would help GE expand engine output, protect delivery schedules and accelerate next-generation engine development. GE also plans to double fighter-engine production by 2032, reinforcing the potential defense-related growth opportunity. GE Plans To Double Fighter Engine Production By 2032
• Positive Sentiment: Analyst support remains favorable. Bank of America reaffirmed its Buy rating and $405 price target, while other published targets remain above the current trading level. GE Aerospace Buy Rating Reaffirmed
• Neutral Sentiment: Industry demand remains strong. GE and other aerospace suppliers continue to benefit from commercial aviation recovery, defense demand and shortages of advanced engine castings. Howmet Aerospace’s CEO said demand for engine parts remains very high, suggesting the acquisition is part of a broader supply-chain expansion rather than a weakening market. Howmet CEO comments on GE Aerospace deal
• Negative Sentiment: Price, leverage and execution are weighing on sentiment. GE will fund approximately $7 billion with cash and the remainder with new debt. CPP is valued at roughly 18 times projected 2027 EBITDA including synergies, a premium that raises return-on-investment and integration concerns. The transaction is not expected to close until the second half of 2027 and remains subject to regulatory approval. GE’s valuation near 40 times earnings leaves less room for disappointment. GE Aerospace Falls as Investors Weigh CPP Deal

GE Aerospace Price Performance

Shares of GE Aerospace stock opened at $325.78 on Thursday. The business's fifty day moving average price is $354.87 and its 200 day moving average price is $328.85. GE Aerospace has a twelve month low of $268.91 and a twelve month high of $388.84. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $338.01 billion, a P/E ratio of 38.37, a PEG ratio of 2.45 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 EPS for the quarter, topping the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The firm's revenue was up 21.1% on a year-over-year basis. During the same period in the prior year, the firm posted $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were given 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 was Monday, July 6th. GE Aerospace's dividend payout ratio is 22.14%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on the company. Royal Bank Of Canada restated an "outperform" rating and set a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. JPMorgan Chase & Co. raised their price target on GE Aerospace from $335.00 to $400.00 and gave the stock an "overweight" rating in a research note on Monday, July 20th. The Goldman Sachs Group reaffirmed a "buy" rating and set a $410.00 price objective on shares of GE Aerospace in a research note on Monday, July 20th. Weiss Ratings raised shares of GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research report on Friday, July 17th. Finally, Wells Fargo & Company restated an "overweight" rating and issued a $390.00 target price on shares of GE Aerospace in a report on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, GE Aerospace presently has a consensus rating of "Moderate Buy" and a consensus price target of $390.59.

About GE Aerospace

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.