Renaissance Technologies LLC Increases Stock Holdings in GE Aerospace $GE

Key Points

• Renaissance Technologies sharply increased its GE Aerospace stake, boosting holdings by 82.1% in the first quarter to 414,078 shares valued at about $117.5 million.
• GE Aerospace reported a strong quarter, with EPS of $2.02 and revenue of $12.63 billion, both beating estimates and rising 21.1% year over year. The company also reaffirmed FY 2026 guidance of 7.65 to 7.85 EPS.
• The company continues to benefit from major order wins and product milestones, including about 1,800 engine commitments and FAA/EASA certification of LEAP-1B durability upgrades, which could support backlog, aftermarket revenue, and margins.

Renaissance Technologies LLC boosted its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 82.1% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 414,078 shares of the company's stock after buying an additional 186,721 shares during the period. Renaissance Technologies LLC's holdings in GE Aerospace were worth $117,503,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GE. Brighton Jones LLC grew its position in GE Aerospace by 25.3% during the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company's stock worth $2,003,000 after purchasing an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of GE Aerospace by 7.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company's stock worth $375,000 after buying an additional 150 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of GE Aerospace by 4.6% during the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company's stock worth $1,116,000 after buying an additional 191 shares during the period. Main Street Financial Solutions LLC grew its holdings in shares of GE Aerospace by 348.6% during the second quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company's stock valued at $1,518,000 after buying an additional 4,584 shares during the last quarter. Finally, HUB Investment Partners LLC grew its holdings in shares of GE Aerospace by 4.2% during the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company's stock valued at $2,326,000 after buying an additional 366 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Key GE Aerospace News

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

• Positive Sentiment: GE Aerospace and CFM announced commitments for about 1,800 engines, highlighted by IndiGo’s order for more than 1,000 LEAP-1A engines — the largest single LEAP order ever and a major backlog booster. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: The company also won additional widebody engine business, including GEnx-1B orders for Philippine Airlines and AerCap, reinforcing demand in the commercial services and engines franchise. GE Aerospace Wraps Historic Farnborough Airshow
• Positive Sentiment: GE Aerospace said FAA and EASA certified durability upgrades for the LEAP-1B engine, which should reduce maintenance burden and improve engine time on wing — a favorable sign for margins and aftermarket revenue. GE Aerospace Concludes Farnborough Airshow with Record Engine Orders, Durability Advances and Hybrid Electric Flight Milestones
• Positive Sentiment: Management also highlighted a milestone in hybrid-electric flight above 30,000 feet and new defense-related collaborations, signaling continued investment in future aerospace technologies and military demand. GE Aerospace Wraps Historic Farnborough Airshow
• Neutral Sentiment: Several analyst notes and stock-trend articles are also keeping GE in focus, but the main stock-moving catalyst today appears to be the company’s strong order announcements and product-certificate news. GE Aerospace (GE) Is a Trending Stock: Facts to Know Before Betting on It

GE Aerospace Trading Up 1.4%

Shares of GE Aerospace stock opened at $353.71 on Friday. The stock has a market cap of $367.00 billion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 2.70 and a beta of 1.35. The firm has a fifty day moving average price of $341.50 and a 200 day moving average price of $319.67. GE Aerospace has a 1 year low of $261.71 and a 1 year high of $382.97. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm's revenue was up 21.1% on a year-over-year basis. During the same period in the prior year, the company earned $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities research analysts predict that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid a $0.47 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. GE Aerospace's dividend payout ratio is presently 22.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on GE shares. The Goldman Sachs Group restated a "buy" rating and issued a $410.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. President Capital cut their price objective on GE Aerospace from $355.00 to $342.00 and set a "buy" rating on the stock in a report on Wednesday, April 22nd. Citigroup reissued a "buy" rating and issued a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. Daiwa Securities Group began coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a "neutral" rating and a $301.00 price objective for the company. Finally, JPMorgan Chase & Co. lifted their target price on GE Aerospace from $335.00 to $400.00 and gave the stock an "overweight" rating in a report on Monday, July 20th. Sixteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $386.88.

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.

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