NEOS Investment Management LLC Boosts Stake in GE Aerospace $GE

Key Points

• NEOS Investment Management increased its GE Aerospace stake by 12% in the second quarter, ending with 170,531 shares valued at approximately $63.7 million. Institutional investors collectively own 74.77% of the company.
• GE Aerospace reported quarterly EPS of $2.02 and revenue of $12.63 billion, beating analyst expectations while revenue rose 21.1% year over year. Analysts maintain a “Moderate Buy” consensus with an average price target of $390.59.
• Shares opened at $333.17, with GE trading at roughly 39 times earnings after declining about 12.7% over the past month. The company also declared a quarterly dividend of $0.47 per share, equivalent to a 0.6% annualized yield.

NEOS Investment Management LLC raised its stake in shares of GE Aerospace (NYSE:GE - Free Report) by 12.0% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 170,531 shares of the company's stock after buying an additional 18,234 shares during the quarter. NEOS Investment Management LLC's holdings in GE Aerospace were worth $63,733,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of GE. Blueline Advisors LLC acquired a new position in GE Aerospace in the 4th quarter valued at about $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace during the 4th quarter worth about $31,000. Paladin Partners LLC acquired a new stake in shares of GE Aerospace during the 2nd quarter worth about $38,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace during the fourth quarter worth about $32,000. Finally, Parvin Asset Management LLC purchased a new stake in shares of GE Aerospace during the second quarter worth about $41,000. Hedge funds and other institutional investors own 74.77% of the company's stock.

Insider Buying and Selling at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of the business's 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 completion of the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.19% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on GE shares. TD Cowen reissued a "buy" rating and set a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. UBS Group lifted their target price on shares of GE Aerospace from $426.00 to $435.00 and gave the stock a "buy" rating in a research note on Friday, July 17th. Weiss Ratings upgraded GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a report on Friday, July 17th. Royal Bank Of Canada reissued an "outperform" rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research note on Wednesday, July 15th. Finally, Jefferies Financial Group raised their price objective on GE Aerospace from $365.00 to $455.00 and gave the stock a "buy" rating in a report on Thursday, July 2nd. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $390.59.

GE Aerospace Trading Up 1.1%

Shares of GE stock opened at $333.17 on Friday. The firm has a market cap of $345.68 billion, a P/E ratio of 39.24, a PEG ratio of 2.41 and a beta of 1.35. GE Aerospace has a 1-year low of $268.91 and a 1-year high of $388.84. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The firm's 50-day simple moving average is $357.97 and its 200-day simple moving average is $328.66.

GE Aerospace (NYSE:GE - Get Free Report) last released its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (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 business had revenue of $12.63 billion for the quarter, compared to analysts' expectations of $11.87 billion. During the same period last year, the company earned $1.66 earnings per share. The company'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. As a group, equities analysts forecast that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Monday, July 6th. GE Aerospace's dividend payout ratio (DPR) is 22.14%.

GE Aerospace News Roundup

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

• Positive Sentiment: GE secured a U.S. Navy performance-based logistics contract worth up to approximately $2.87 billion through 2031 to support 17 components for F414 engines used on F/A-18 Super Hornet and EA-18G Growler aircraft. The award improves long-term revenue visibility and strengthens GE’s higher-margin defense aftermarket business. GE Draws $2.87 Billion for USN Engine Support
• Positive Sentiment: South Korea selected GE’s LM2500+G4 marine gas turbines to power six next-generation KDDX destroyers, representing an order for 12 engines and expanding GE’s international naval propulsion presence. South Korea Selects GE Aerospace Engines
• Positive Sentiment: GE delivered three F404 engines to India’s Hindustan Aeronautics in August for the LCA Tejas program. The shipment helps address supply shortages and supports future engine revenue, though Tejas production is still awaiting additional supplies. GE Aerospace Delivers Three F404 Engines to HAL
• Positive Sentiment: GE won a Pentagon contract to build a Mach 5 hypersonic test vehicle and continues work on the XA102 adaptive combat engine. These programs could create longer-term growth opportunities in advanced defense propulsion. GE Aerospace Wins Hypersonic Test Vehicle Contract
• Positive Sentiment: GE’s commercial engines business continues to benefit from strong orders and deliveries, with reported revenue growth of 27% and 2026 sales projected to increase about 20%. The company also previously raised its full-year 2026 outlook after beating quarterly earnings and revenue estimates. GE Rides on Commercial Engines Unit Strength
• Negative Sentiment: Despite the positive contract flow, GE trades at roughly 39 times earnings and has declined about 12.7% over the past month, remaining well below its 12-month high. Investors may be concerned that the valuation leaves limited room for execution, supply-chain, or delivery disappointments. How Long Would You Wait for GE Aerospace Stock to Come Back?

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.

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