Sapient Capital LLC Cuts Position in GE Aerospace $GE

Key Points

• Sapient Capital cut its GE Aerospace position by 64.4% in the second quarter, selling 75,862 shares and retaining 41,960 shares valued at approximately $15.7 million. Institutional investors collectively own 74.77% of the company.
• GE Aerospace reported a strong quarter, with adjusted earnings of $2.02 per share and revenue of $12.63 billion, surpassing analyst estimates; revenue increased 21.1% year over year.
• Analysts remain broadly positive, with 16 Buy ratings, two Holds and one Sell, producing a “Moderate Buy” consensus and an average price target of $390.59. The company also pays a quarterly dividend of $0.47, yielding about 0.5%.

Sapient Capital LLC decreased its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 64.4% in the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 41,960 shares of the company's stock after selling 75,862 shares during the period. Sapient Capital LLC's holdings in GE Aerospace were worth $15,682,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Blueline Advisors LLC purchased a new stake in shares of GE Aerospace in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC bought a new position in GE Aerospace during the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the fourth quarter valued at $32,000. Lifetime Wealth Management P.C. purchased a new position in GE Aerospace during the fourth quarter valued at $40,000. Finally, Beaird Harris Wealth Management LLC boosted its holdings in GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company's stock worth $42,000 after acquiring an additional 59 shares in the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

GE Aerospace Stock Performance

GE stock opened at $370.40 on Monday. The stock's 50 day simple moving average is $353.75 and its 200 day simple moving average is $322.72. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. GE Aerospace has a 12-month low of $263.80 and a 12-month high of $388.84. The stock has a market capitalization of $384.31 billion, a PE ratio of 43.63, a price-to-earnings-growth ratio of 2.70 and a beta of 1.36.

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

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 0.5%. The ex-dividend date was Monday, July 6th. GE Aerospace's dividend payout ratio (DPR) is presently 22.14%.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Jefferies Financial Group increased their target price on GE Aerospace from $365.00 to $455.00 and gave the stock a "buy" rating in a research note on Thursday, July 2nd. Wall Street Zen lowered GE Aerospace from a "buy" rating to a "hold" rating in a research report on Monday, April 27th. Citigroup reiterated a "buy" rating and issued a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. UBS Group increased their price objective on shares of GE Aerospace from $426.00 to $435.00 and gave the company a "buy" rating in a research report on Friday, July 17th. Finally, Weiss Ratings upgraded shares of GE Aerospace from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday, July 17th. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $390.59.

Insider Buying and Selling

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the transaction, the senior vice president owned 20,666 shares of the company's stock, valued at approximately $7,309,770.86. The trade was a 28.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.19% of the company's stock.

GE Aerospace Company 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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