GE Aerospace $GE Stock Acquired by GoalVest Advisory LLC

Key Points

• GoalVest Advisory increased its GE Aerospace stake by 330.1% in the third quarter, acquiring 23,684 additional shares and bringing its holdings to 30,858 shares valued at approximately $9.6 million.
• GE Aerospace shares traded down 0.3% to $311.51, while institutional investors collectively owned 74.77% of the stock. The company recently reported quarterly revenue growth of 21.1% and earnings above analyst expectations.
• GE Aerospace declared a quarterly dividend of $0.47 per share, equivalent to an annualized yield of 0.6%. Analysts maintain a consensus “Moderate Buy” rating with an average price target of $386.67.

GoalVest Advisory LLC grew its stake in shares of GE Aerospace (NYSE:GE - Free Report) by 330.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 30,858 shares of the company's stock after buying an additional 23,684 shares during the quarter. GE Aerospace accounts for 0.5% of GoalVest Advisory LLC's investment portfolio, making the stock its 25th biggest position. GoalVest Advisory LLC's holdings in GE Aerospace were worth $9,637,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Planning Strategies Inc. lifted its holdings in shares of GE Aerospace by 60.1% during the 3rd quarter. Planning Strategies Inc. now owns 855 shares of the company's stock worth $267,000 after acquiring an additional 321 shares during the last quarter. QRG Capital Management Inc. raised its position in GE Aerospace by 9.8% during the second quarter. QRG Capital Management Inc. now owns 214,416 shares of the company's stock valued at $80,134,000 after purchasing an additional 19,155 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its position in GE Aerospace by 35.7% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 18,478 shares of the company's stock valued at $6,906,000 after purchasing an additional 4,861 shares in the last quarter. Envestnet Asset Management Inc. lifted its stake in GE Aerospace by 3.7% during the second quarter. Envestnet Asset Management Inc. now owns 1,507,740 shares of the company's stock worth $563,485,000 after purchasing an additional 54,448 shares during the last quarter. Finally, State Street Corp lifted its stake in GE Aerospace by 2.6% during the second quarter. State Street Corp now owns 46,497,628 shares of the company's stock worth $17,377,559,000 after purchasing an additional 1,160,584 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

GE Aerospace Trading Down 0.3%

Shares of GE traded down $0.88 during trading hours on Friday, hitting $311.51. The company had a trading volume of 1,683,428 shares, compared to its average volume of 5,115,247. The firm has a market cap of $323.21 billion, a P/E ratio of 36.66, a P/E/G ratio of 2.28 and a beta of 1.38. The stock's 50 day moving average price is $342.34 and its 200 day moving average price is $327.29. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a 52-week low of $268.91 and a 52-week high of $388.84.

GE Aerospace (NYSE:GE - Get Free Report) last issued its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion during the quarter, compared to analysts' expectations of $11.87 billion. During the same period in the prior year, the business posted $1.66 EPS. GE Aerospace's quarterly revenue 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. On average, research analysts predict that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Stockholders of record on Monday, October 5th will be issued a $0.47 dividend. The ex-dividend date is Monday, October 5th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace's dividend payout ratio (DPR) is currently 22.14%.

Key Headlines Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace declared a quarterly dividend of $0.47 per share, reinforcing its shareholder-return program. GE Aerospace declares quarterly dividend
• Positive Sentiment: The company committed the first funding from a planned $30 million workforce-development initiative, including nearly $1 million for training programs in Southwest Ohio. The effort could help GE address skilled-labor shortages and expand production capacity. GE Aerospace workforce development
• Positive Sentiment: Analysts expect double-digit earnings growth when GE reports third-quarter results next month, building on its latest quarter’s revenue growth and earnings beat. GE Aerospace Q3 earnings expectations
• Neutral Sentiment: Wells Fargo reduced its GE price target to $380 but maintained a Buy rating, indicating continued confidence in the business while acknowledging less near-term upside. Wells Fargo remains a Buy on GE Aerospace
• Negative Sentiment: A separate Wells Fargo-related report describes a more pessimistic outlook and an analyst downgrade. The mixed rating signals are adding pressure as investors reassess GE’s valuation.
• Negative Sentiment: GE trades at roughly 36 times earnings, well above the S&P 500’s reported multiple of about 21 times. Commentary questioning how management frames the company’s profit model suggests investors are demanding continued execution to justify the premium valuation. GE Aerospace valuation analysis
• Negative Sentiment: The company’s reported $11.75 billion investment to address engine bottlenecks highlights strong demand but also raises concerns about capital requirements, execution and supply-chain constraints. Investors may be focused on how quickly those investments translate into higher deliveries and cash flow. GE Aerospace engine bottlenecks

Analyst Ratings Changes

Several equities analysts have recently commented on the company. TD Cowen reiterated a "buy" rating and set a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Melius Research set a $350.00 target price on GE Aerospace and gave the stock a "hold" rating in a research report on Monday, September 14th. Susquehanna reaffirmed a "positive" rating and issued a $430.00 target price (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of GE Aerospace in a research note on Wednesday, September 9th. Finally, JPMorgan Chase & Co. increased their price target on shares of GE Aerospace from $335.00 to $400.00 and gave the company an "overweight" rating in a research report on Monday, July 20th. Sixteen investment analysts have rated the stock with a Buy rating, three have issued 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 an average price target of $386.67.

Insider Activity

In related news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction 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 directly owned 20,666 shares of the company's stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Corporate insiders own 0.19% of the company's stock.

GE Aerospace Company Profile

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company's offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.

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