Public Employees Retirement System of Ohio purchased a new stake in shares of GE Aerospace (NYSE:GE - Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 395,285 shares of the company's stock, valued at approximately $147,730,000.
A number of other hedge funds also recently bought and sold shares of GE. Auto Owners Insurance Co lifted its holdings in GE Aerospace by 52,247.5% in the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company's stock worth $2,024,413,000 after buying an additional 65,595,733 shares during the period. Norges Bank purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $4,444,736,000. Amundi increased its stake in shares of GE Aerospace by 135.2% during the first quarter. Amundi now owns 6,119,975 shares of the company's stock valued at $1,736,665,000 after buying an additional 3,518,278 shares during the period. Jupiter Topco LLC bought a new position in shares of GE Aerospace during the second quarter valued at approximately $1,283,858,000. Finally, Jennison Associates LLC raised its holdings in shares of GE Aerospace by 37.7% during the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company's stock valued at $3,128,850,000 after acquiring an additional 3,017,937 shares in the last quarter. 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 firm's stock in a transaction on 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 completion of the transaction, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.19% of the stock is owned by insiders.
Key GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
Analyst Upgrades and Downgrades
A number of analysts recently commented on GE shares. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $410.00 price target on shares of GE Aerospace in a research note on Monday, July 20th. Susquehanna reissued a "positive" rating and set a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research report on Thursday, July 9th. BNP Paribas Exane decreased their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an "underperform" rating for the company in a report on Thursday, May 14th. Citigroup reaffirmed a "buy" rating and issued a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Finally, TD Cowen reaffirmed a "buy" rating and set a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, GE Aerospace presently has an average rating of "Moderate Buy" and an average price target of $390.59.
Read Our Latest Stock Analysis on GE
GE Aerospace Stock Performance
Shares of GE opened at $342.32 on Friday. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The stock has a market cap of $355.18 billion, a P/E ratio of 40.32, a P/E/G ratio of 2.59 and a beta of 1.36. The business's 50 day moving average price is $360.66 and its 200-day moving average price is $327.98. GE Aerospace has a 52 week low of $268.01 and a 52 week high of $388.84.
GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating analysts' consensus estimates of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The firm's revenue for the quarter was up 21.1% on a year-over-year basis. During the same quarter last year, the company earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities research analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.
GE Aerospace Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were paid a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend was Monday, July 6th. GE Aerospace's dividend payout ratio is currently 22.14%.
GE Aerospace 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.
Further Reading

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