NorthRock Partners LLC boosted its position in GE Aerospace (NYSE:GE - Free Report) by 34.2% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 21,013 shares of the company's stock after acquiring an additional 5,355 shares during the quarter. NorthRock Partners LLC's holdings in GE Aerospace were worth $6,321,000 at the end of the most recent reporting period.
Several other institutional investors have also added to or reduced their stakes in GE. REAP Financial Group LLC acquired a new stake in shares of GE Aerospace in the 3rd quarter valued at $25,000. Marquette Asset Management LLC bought a new position in shares of GE Aerospace in the 3rd quarter valued at $26,000. Barnes Dennig Private Wealth Management LLC raised its holdings in shares of GE Aerospace by 147.2% during the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company's stock worth $27,000 after buying an additional 53 shares in the last quarter. Bare Financial Services Inc raised its holdings in shares of GE Aerospace by 81.1% during the 2nd quarter. Bare Financial Services Inc now owns 96 shares of the company's stock worth $25,000 after buying an additional 43 shares in the last quarter. Finally, Roble Belko & Company Inc lifted its position in shares of GE Aerospace by 98.1% during the 3rd quarter. Roble Belko & Company Inc now owns 103 shares of the company's stock worth $31,000 after buying an additional 51 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
GE has been the topic of several research analyst reports. TD Cowen raised their price objective on GE Aerospace from $330.00 to $350.00 and gave the company a "buy" rating in a research note on Wednesday, January 14th. Zacks Research raised shares of GE Aerospace from a "hold" rating to a "strong-buy" rating in a report on Tuesday, January 27th. UBS Group set a $374.00 price target on shares of GE Aerospace and gave the company a "buy" rating in a research note on Friday, January 23rd. Sanford C. Bernstein lifted their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an "outperform" rating in a report on Tuesday, March 3rd. Finally, Wall Street Zen cut shares of GE Aerospace from a "buy" rating to a "hold" rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $331.12.
View Our Latest Stock Analysis on GE
GE Aerospace Trading Down 2.4%
NYSE GE opened at $299.25 on Friday. The company has a market cap of $313.85 billion, a price-to-earnings ratio of 36.76, a price-to-earnings-growth ratio of 2.83 and a beta of 1.36. GE Aerospace has a twelve month low of $159.36 and a twelve month high of $348.48. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. The business's fifty day moving average is $320.02 and its 200 day moving average is $305.32.
GE Aerospace (NYSE:GE - Get Free Report) last issued its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.43 by $0.14. The business had revenue of $11.90 billion during the quarter, compared to analysts' expectations of $11.27 billion. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The business's revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts expect that GE Aerospace will post 5.4 EPS for the current fiscal year.
GE Aerospace Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be given a dividend of $0.47 per share. The ex-dividend date is Monday, March 9th. This represents a $1.88 annualized dividend and a yield of 0.6%. This is a boost from GE Aerospace's previous quarterly dividend of $0.36. GE Aerospace's dividend payout ratio is 23.10%.
Insider Buying and Selling
In other news, VP Robert M. Giglietti sold 3,035 shares of the firm's stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the transaction, the vice president owned 10,583 shares of the company's stock, valued at approximately $3,233,212.33. This trade represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction on Friday, January 30th. The stock was sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the transaction, the senior vice president owned 150,434 shares in the company, valued at approximately $46,103,507.98. This trade represents a 16.79% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 37,398 shares of company stock worth $11,455,491 in the last ninety days. Company insiders own 0.21% of the company's stock.
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
GE Aerospace Company Profile
(
Free Report)
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.
Featured Articles

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.
Before you consider GE Aerospace, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and GE Aerospace wasn't on the list.
While GE Aerospace currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Click the link to see MarketBeat's guide to investing in 5G and which 5G stocks show the most promise.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.