Principal Financial Group Inc. Grows Position in GE Aerospace $GE

Key Points

• Principal Financial Group slightly boosted its stake in GE Aerospace by 0.4%, adding 5,010 shares to hold 1,263,453 shares worth about $389.18 million (≈0.12% of the company) as of the latest 13F filing.
• Quarterly results beat: GE Aerospace reported $1.86 EPS versus $1.60 expected and revenue of $11.61 billion (up 24.6% YoY), and set FY2026 guidance of $7.10–$7.40 EPS (analysts expect ~7.46).
• Dividend raised: the company increased its quarterly dividend from $0.36 to $0.47 (annualized $1.88), implying a 0.7% yield and a payout ratio of about 23%.

Principal Financial Group Inc. lifted its position in GE Aerospace (NYSE:GE - Free Report) by 0.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 1,263,453 shares of the company's stock after purchasing an additional 5,010 shares during the period. Principal Financial Group Inc. owned about 0.12% of GE Aerospace worth $389,181,000 as of its most recent SEC filing.

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

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GE. Deutsche Bank Aktiengesellschaft increased their price target on shares of GE Aerospace from $375.00 to $387.00 and gave the stock a "buy" rating in a research note on Friday, January 23rd. Citigroup decreased their price target on shares of GE Aerospace from $380.00 to $353.00 and set a "buy" rating for the company in a research note on Wednesday, April 1st. Susquehanna reissued a "positive" rating and issued a $380.00 price target on shares of GE Aerospace in a research note on Thursday, January 15th. Weiss Ratings reissued a "buy (b)" rating on shares of GE Aerospace in a research note on Thursday, January 22nd. Finally, UBS Group decreased their price target on shares of GE Aerospace from $357.00 to $350.00 and set a "buy" rating for the company in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, GE Aerospace presently has an average rating of "Moderate Buy" and a consensus target price of $349.89.

GE Aerospace Price Performance

Shares of NYSE GE opened at $280.07 on Tuesday. GE Aerospace has a fifty-two week low of $205.65 and a fifty-two week high of $348.48. The company has a 50 day simple moving average of $305.62 and a two-hundred day simple moving average of $306.38. The company has a market capitalization of $292.21 billion, a price-to-earnings ratio of 34.49, a P/E/G ratio of 2.66 and a beta of 1.36. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GE - Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts' consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter last year, the firm earned $1.49 earnings per share. The business's revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts expect that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, March 9th were paid a dividend of $0.47 per share. This is a positive change 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 payout ratio is 23.15%.

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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