Pictet Asset Management Holding SA Trims Stock Position in GE Aerospace $GE

Key Points

• Pictet Asset Management trimmed its stake in GE Aerospace by 4.4%, selling 24,811 shares and leaving it with 535,328 shares (about 0.05% of the company) valued at roughly $164.9 million.
• GE Aerospace beat Q1 EPS estimates ($1.86 vs. $1.60), reported $11.61 billion in revenue (up 24.6% year‑over‑year), and set FY2026 guidance of $7.10–$7.40 EPS (analysts forecast ~7.45).
• Analysts show a consensus "Moderate Buy" with an average price target of $349.89, and the company raised its quarterly dividend to $0.47 (annualized $1.88, ~0.7% yield).

Pictet Asset Management Holding SA lessened its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 4.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 535,328 shares of the company's stock after selling 24,811 shares during the period. Pictet Asset Management Holding SA owned approximately 0.05% of GE Aerospace worth $164,905,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. Jacobsen Capital Management increased its holdings in GE Aerospace by 1.4% in the third quarter. Jacobsen Capital Management now owns 2,295 shares of the company's stock valued at $690,000 after buying an additional 32 shares in the last quarter. Harfst & Associates Inc. increased its holdings in GE Aerospace by 0.4% in the third quarter. Harfst & Associates Inc. now owns 7,444 shares of the company's stock valued at $2,239,000 after buying an additional 33 shares in the last quarter. Ledyard National Bank increased its holdings in GE Aerospace by 1.2% in the third quarter. Ledyard National Bank now owns 2,754 shares of the company's stock valued at $828,000 after buying an additional 33 shares in the last quarter. Hardy Reed LLC increased its holdings in GE Aerospace by 0.7% in the third quarter. Hardy Reed LLC now owns 4,999 shares of the company's stock valued at $1,504,000 after buying an additional 33 shares in the last quarter. Finally, Wolff Wiese Magana LLC increased its holdings in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company's stock valued at $1,070,000 after buying an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. President Capital cut their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a "buy" rating for the company in a report on Wednesday, April 22nd. Citigroup cut their price objective on shares of GE Aerospace from $380.00 to $353.00 and set a "buy" rating for the company in a report on Wednesday, April 1st. UBS Group cut their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a "buy" rating for the company in a report on Wednesday, April 22nd. The Goldman Sachs Group lifted their price objective on shares of GE Aerospace from $338.00 to $350.00 and gave the company a "buy" rating in a report on Friday, January 23rd. Finally, Susquehanna reaffirmed a "positive" rating and issued a $380.00 price objective on shares of GE Aerospace in a report on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace currently has a consensus rating of "Moderate Buy" and an average price target of $349.89.

GE Aerospace Stock Down 0.0%

GE stock opened at $284.58 on Tuesday. The stock has a market capitalization of $296.92 billion, a P/E ratio of 35.05, a P/E/G ratio of 2.65 and a beta of 1.43. The firm has a 50-day simple moving average of $308.19 and a 200-day simple moving average of $306.57. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 52 week low of $196.86 and a 52 week high of $348.48.

GE Aerospace (NYSE:GE - Get Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts' consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to analysts' expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts forecast that GE Aerospace will post 7.45 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, March 9th were paid a dividend of $0.47 per share. This is an increase from GE Aerospace's previous quarterly dividend of $0.36. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 9th. GE Aerospace's dividend payout ratio is presently 23.15%.

Insider Transactions at GE Aerospace

In other news, VP Robert M. Giglietti sold 3,035 shares of the business's stock in a transaction dated 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 sale, the vice president owned 10,583 shares of the company's stock, valued at $3,233,212.33. The trade was a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Russell Stokes sold 30,363 shares of the business's stock in a transaction dated 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 sale, the senior vice president directly owned 150,434 shares of the company's stock, valued at $46,103,507.98. This represents a 16.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 37,398 shares of company stock valued at $11,455,491 over the last 90 days. Corporate insiders own 0.19% of the company's stock.

GE Aerospace Profile

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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