Ieq Capital LLC Sells 36,038 Shares of GE Aerospace $GE

Key Points

• Ieq Capital reduced its GE Aerospace position by 12.8% in the second quarter, selling 36,038 shares and retaining 244,985 shares valued at approximately $91.6 million. Institutional investors collectively own 74.77% of the company.
• GE Aerospace reported strong quarterly results, with EPS of $2.02 versus $1.86 expected and revenue of $12.63 billion, up 21.1% year over year. The company guided to fiscal 2026 EPS of $7.65–$7.85.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $390.59, while GE Aerospace pays a quarterly dividend of $0.47 per share, yielding about 0.5% annually.

Ieq Capital LLC cut its holdings in GE Aerospace (NYSE:GE - Free Report) by 12.8% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 244,985 shares of the company's stock after selling 36,038 shares during the quarter. Ieq Capital LLC's holdings in GE Aerospace were worth $91,558,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of GE Aerospace by 25.3% in the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company's stock valued at $2,003,000 after purchasing an additional 2,421 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of GE Aerospace by 7.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company's stock valued at $375,000 after purchasing an additional 150 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of GE Aerospace by 4.6% during the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company's stock valued at $1,116,000 after purchasing an additional 191 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in GE Aerospace by 348.6% during the second quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company's stock valued at $1,518,000 after buying an additional 4,584 shares during the period. Finally, HUB Investment Partners LLC increased its holdings in GE Aerospace by 4.2% during the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company's stock valued at $2,326,000 after buying an additional 366 shares during the period. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Up 1.2%

NYSE:GE opened at $348.85 on Friday. The company has a market cap of $361.95 billion, a PE ratio of 41.09, a P/E/G ratio of 2.52 and a beta of 1.36. GE Aerospace has a twelve month low of $266.37 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 company's 50 day moving average is $361.10 and its two-hundred day moving average is $326.84.

GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The business had revenue of $12.63 billion during the quarter, compared to analysts' expectations of $11.87 billion. During the same quarter last year, the company posted $1.66 earnings per share. The business's quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. 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 was paid on Monday, July 27th. Investors of record on Monday, July 6th were paid 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 (DPR) is 22.14%.

Insider Buying and Selling

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the sale, the senior vice president owned 20,666 shares in the company, valued at approximately $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.19% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Wells Fargo & Company restated an "overweight" rating and set a $390.00 target price on shares of GE Aerospace in a report on Monday, July 20th. Weiss Ratings upgraded GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 17th. Jefferies Financial Group boosted their price target on GE Aerospace from $365.00 to $455.00 and gave the stock a "buy" rating in a research report on Thursday, July 2nd. BNP Paribas Exane decreased their price objective on GE Aerospace from $300.00 to $270.00 and set an "underperform" rating for the company in a research note on Thursday, May 14th. Finally, Sanford C. Bernstein set a $421.00 price objective on GE Aerospace and gave the company an "outperform" rating in a research report on Thursday, July 23rd. Sixteen equities 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. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $390.59.

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.

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.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source