GE Aerospace $GE Stake Cut by Danske Bank A S

Key Points

• Danske Bank reduced its GE Aerospace stake by 11.4% in the second quarter, selling 82,949 shares and retaining 646,391 shares worth approximately $241.6 million. Institutional investors overall still own 74.77% of the company.
• Analyst sentiment remains positive: 16 analysts rate GE a Buy, with a consensus “Moderate Buy” rating and an average price target of $390.59.
• GE Aerospace reported quarterly EPS of $2.02 and revenue of $12.63 billion, beating estimates and reflecting 21.1% year-over-year revenue growth. However, the stock’s premium valuation—about 44 times earnings—along with cost and margin risks could limit near-term upside.

Danske Bank A S cut its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 11.4% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 646,391 shares of the company's stock after selling 82,949 shares during the quarter. Danske Bank A S owned 0.06% of GE Aerospace worth $241,575,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in shares of 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 purchasing an additional 699,364 shares during the period. Auto Owners Insurance Co grew its position in GE Aerospace by 52,247.5% during 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 purchasing an additional 65,595,733 shares in the last quarter. State Street Corp increased its stake in GE Aerospace by 1.5% in the 4th 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 during the period. Geode Capital Management LLC increased its stake in GE Aerospace by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company's stock valued at $7,615,200,000 after buying an additional 312,880 shares during the period. Finally, Norges Bank acquired a new position in GE Aerospace in the 4th quarter valued at approximately $4,444,736,000. Hedge funds and other institutional investors own 74.77% of the company's stock.

Wall Street Analyst Weigh In

GE has been the subject of a number of research reports. Citigroup reissued a "buy" rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. Weiss Ratings raised shares of GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 17th. Seaport Research Partners began coverage on GE Aerospace in a report on Tuesday, May 26th. They set a "buy" rating and a $375.00 price objective for the company. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and set a $450.00 price objective on shares of GE Aerospace in a research report on Monday, July 27th. Finally, The Goldman Sachs Group restated a "buy" rating and issued a $410.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. Sixteen investment 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, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $390.59.

GE Aerospace News Summary

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

• Positive Sentiment: New U.S. Air Force engine contract: GE Aerospace and Kratos Defense won an Engineering, Manufacturing and Development contract for the GEK800 engine, designated the F143-ZZ-100, as a second-source propulsion system for the Joint Air-to-Surface Standoff Missile. The award expands GE’s defense position in compact, lower-cost engines for missiles and uncrewed aircraft. How Investors Are Reacting To General Electric Winning a New U.S. Air Force Engine Contract
• Positive Sentiment: Additional military-engine momentum: GE’s T901 engine cleared a preliminary flight rating for the UH-60 Black Hawk, while the company is also supplying a new engine for upgraded AH-64 Apache helicopters. These developments support longer-term military revenue and aftermarket opportunities. GE’s T901 Engine Clears Preliminary Flight Rating for UH-60 Black Hawk
• Positive Sentiment: Technical and operating support: GE recently moved above its 20-day moving average, suggesting positive short-term momentum. Its latest quarterly results also exceeded earnings and revenue expectations, with revenue up sharply year over year. GE Aerospace Crossed Above the 20-Day Moving Average
• Neutral Sentiment: Investor confidence remains mixed: Trian Fund Management maintained its sizable GE Aerospace position while increasing its stake in GE HealthCare, indicating continued confidence in GE’s aerospace business but no fresh buying signal for GE shares. Nelson Peltz Is Now Betting on Both Sides of GE’s Breakup
• Negative Sentiment: Valuation and cost risks: Analysts note that GE’s strong commercial and defense demand, estimate beats and roughly $210 billion backlog may already be reflected in the stock’s premium valuation. Rising costs, debt and potential margin pressure could limit further near-term upside. GE Aerospace Rises 19.9% Year to Date: Is the Rally Still Worth Chasing?

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the transaction, the senior vice president directly 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 transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.19% of the company's stock.

GE Aerospace Price Performance

Shares of GE opened at $375.04 on Wednesday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. The firm has a market cap of $389.12 billion, a PE ratio of 44.17, a PEG ratio of 2.69 and a beta of 1.36. The firm's 50 day moving average price is $359.82 and its 200 day moving average price is $326.01. GE Aerospace has a twelve month low of $263.80 and a twelve month high of $388.84.

GE Aerospace (NYSE:GE - Get Free Report) last posted its 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. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the previous year, the firm posted $1.66 earnings per share. The company's revenue for the quarter was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts expect that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Announces Dividend

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

About GE Aerospace

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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