GE Aerospace $GE Shares Sold by Cumberland Partners Ltd

Key Points

• Cumberland Partners Ltd cut its GE Aerospace stake by 36.3% in the first quarter, selling 9,815 shares and leaving it with 17,250 shares valued at about $4.9 million.
• GE Aerospace highlighted a strong run of new engine orders, including about 1,800 commitments and IndiGo’s order for more than 1,000 LEAP-1A engines, which the company described as the largest single LEAP order ever.
• The company also reported positive operating updates, including FAA and EASA certification for LEAP-1B durability upgrades, while its latest quarterly results beat estimates with EPS of $2.02 and revenue of $12.63 billion.

Cumberland Partners Ltd reduced its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 36.3% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 17,250 shares of the company's stock after selling 9,815 shares during the quarter. Cumberland Partners Ltd's holdings in GE Aerospace were worth $4,895,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in GE. High Falls Advisors Inc raised its position in shares of GE Aerospace by 3.0% during the 4th quarter. High Falls Advisors Inc now owns 1,069 shares of the company's stock worth $329,000 after acquiring an additional 31 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company's stock valued at $1,070,000 after purchasing an additional 33 shares during the last quarter. Montz Harcus Wealth Management LLC increased its stake in GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company's stock valued at $292,000 after purchasing an additional 33 shares during the last quarter. Darwin Wealth Management LLC raised its holdings in GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company's stock worth $523,000 after purchasing an additional 33 shares in the last quarter. Finally, LRI Investments LLC lifted its position in shares of GE Aerospace by 1.4% during the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company's stock worth $736,000 after buying an additional 33 shares during the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace and CFM announced commitments for about 1,800 engines, highlighted by IndiGo’s order for more than 1,000 LEAP-1A engines — the largest single LEAP order ever and a major backlog booster. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: The company also won additional widebody engine business, including GEnx-1B orders for Philippine Airlines and AerCap, reinforcing demand in the commercial services and engines franchise. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: GE Aerospace said FAA and EASA certified durability upgrades for the LEAP-1B engine, which should reduce maintenance burden and improve engine time on wing — a favorable sign for margins and aftermarket revenue. GE Aerospace Concludes Farnborough Airshow with Record Engine Orders, Durability Advances and Hybrid Electric Flight Milestones
• Positive Sentiment: Management also highlighted a milestone in hybrid-electric flight above 30,000 feet and new defense-related collaborations, signaling continued investment in future aerospace technologies and military demand. GE Aerospace Wraps Historic Farnborough Airshow
• Neutral Sentiment: Several analyst notes and stock-trend articles are also keeping GE in focus, but the main stock-moving catalyst today appears to be the company’s strong order announcements and product-certificate news. GE Aerospace (GE) Is a Trending Stock: Facts to Know Before Betting on It

GE Aerospace Price Performance

Shares of GE opened at $353.71 on Friday. 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 fifty-two week low of $261.71 and a fifty-two week high of $382.97. The firm has a 50-day simple moving average of $341.50 and a 200-day simple moving average of $319.67. The company has a market capitalization of $367.00 billion, a price-to-earnings ratio of 41.66, a price-to-earnings-growth ratio of 2.67 and a beta of 1.35.

GE Aerospace (NYSE:GE - Get Free Report) last issued its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. The firm had revenue of $12.63 billion for the quarter, compared to analysts' expectations 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 for the quarter was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, equities research analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace's payout ratio is presently 22.14%.

Analyst Ratings Changes

Several brokerages have recently issued reports on GE. President Capital lowered their target price on shares of GE Aerospace from $355.00 to $342.00 and set a "buy" rating for the company in a report on Wednesday, April 22nd. Sanford C. Bernstein set a $421.00 price target on shares of GE Aerospace and gave the company an "outperform" rating in a research report on Thursday. 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 note on Monday, July 13th. UBS Group raised their price objective on GE Aerospace from $426.00 to $435.00 and gave the stock a "buy" rating in a report on Friday, July 17th. Finally, Weiss Ratings raised GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 17th. 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 stock. Based on data from MarketBeat.com, GE Aerospace presently has a consensus rating of "Moderate Buy" and a consensus price target of $386.88.

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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