Rockland Trust Co. Decreases Stock Holdings in GE Aerospace $GE

Key Points

• Rockland Trust reduced its GE Aerospace holdings by 13.4% in the second quarter, selling 4,260 shares and retaining 27,426 shares worth approximately $10.25 million. Institutional investors collectively own 74.77% of the company.
• GE Aerospace reported quarterly EPS of $2.02, beating estimates of $1.86, while revenue rose 21.1% year over year to $12.63 billion. The company issued fiscal 2026 EPS guidance of $7.65–$7.85.
• Analysts remain broadly positive, with 16 Buy ratings, two Holds and one Sell; the stock has a “Moderate Buy” consensus rating and an average price target of $390.59. GE also pays a quarterly dividend of $0.47 per share, yielding about 0.5%.

Rockland Trust Co. lessened its holdings in GE Aerospace (NYSE:GE - Free Report) by 13.4% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,426 shares of the company's stock after selling 4,260 shares during the quarter. Rockland Trust Co.'s holdings in GE Aerospace were worth $10,250,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Allworth Financial LP grew its position in shares of GE Aerospace by 7.6% in the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company's stock valued at $23,677,000 after buying an additional 5,434 shares during the last quarter. Dara Capital US Inc. acquired a new stake in GE Aerospace during the 4th quarter worth $2,527,000. NewEdge Wealth LLC lifted its position in GE Aerospace by 92.2% in the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company's stock valued at $6,204,000 after acquiring an additional 9,663 shares during the last quarter. CenterBook Partners LP lifted its position in GE Aerospace by 892.6% in the fourth quarter. CenterBook Partners LP now owns 49,788 shares of the company's stock valued at $15,336,000 after acquiring an additional 44,772 shares during the last quarter. Finally, Clough Capital Partners L P boosted its stake in GE Aerospace by 37.1% in the first quarter. Clough Capital Partners L P now owns 70,535 shares of the company's stock valued at $20,016,000 after acquiring an additional 19,105 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company's stock.

Insider Activity

In related news, SVP Mohamed Ali sold 8,096 shares of the firm's stock in a transaction dated 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 transaction, the senior vice president owned 20,666 shares of the company's stock, valued at $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. 0.19% of the stock is currently owned by corporate insiders.

GE Aerospace Stock Down 1.1%

GE stock opened at $370.40 on Friday. The company has a market cap of $384.31 billion, a price-to-earnings ratio of 43.63, a price-to-earnings-growth ratio of 2.74 and a beta of 1.36. The company has a fifty day moving average price of $353.75 and a 200 day moving average price of $322.74. 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 has a 12 month low of $263.80 and a 12 month high of $388.84.

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

GE Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were paid a dividend of $0.47 per share. The ex-dividend date was Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace's dividend payout ratio is 22.14%.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on the company. Jefferies Financial Group raised their price objective on GE Aerospace from $365.00 to $455.00 and gave the stock a "buy" rating in a report on Thursday, July 2nd. JPMorgan Chase & Co. boosted their target price on GE Aerospace from $335.00 to $400.00 and gave the company an "overweight" rating in a report on Monday, July 20th. Morgan Stanley decreased their target price on GE Aerospace from $425.00 to $400.00 and set an "overweight" rating for the company in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a $450.00 target price on shares of GE Aerospace in a research report on Monday, July 27th. Finally, Royal Bank Of Canada restated an "outperform" rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research note on Wednesday, July 15th. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $390.59.

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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