TD Waterhouse Canada Inc. Lowers Stock Holdings in GE Aerospace $GE

Key Points

• TD Waterhouse Canada cut its GE Aerospace stake by 7.7% in the second quarter, selling 37,509 shares and retaining 448,905 shares valued at approximately $168.3 million. Institutional investors collectively own 74.77% of the company.
• GE Aerospace reported quarterly EPS of $2.02 and revenue of $12.63 billion, exceeding analyst expectations, while revenue increased 21.1% year over year. The company also declared a $0.47 quarterly dividend, equivalent to a 0.6% annualized yield.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $390.59, although the stock trades at roughly 39 times earnings and has recently declined from its 12-month high.

TD Waterhouse Canada Inc. reduced its position in GE Aerospace (NYSE:GE - Free Report) by 7.7% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 448,905 shares of the company's stock after selling 37,509 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in GE Aerospace were worth $168,319,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of GE. Blueline Advisors LLC purchased a new stake in GE Aerospace in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace during the 4th quarter valued at $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the 4th quarter valued at $32,000. Paladin Partners LLC bought a new position in shares of GE Aerospace in the second quarter worth $38,000. Finally, Lifetime Wealth Management P.C. bought a new position in shares of GE Aerospace in the fourth quarter worth $40,000. Hedge funds and other institutional investors own 74.77% of the company's stock.

GE Aerospace Stock Up 1.1%

Shares of NYSE GE opened at $333.17 on Friday. The stock has a market capitalization of $345.68 billion, a P/E ratio of 39.24, a PEG ratio of 2.41 and a beta of 1.35. GE Aerospace has a one year low of $268.91 and a one year high of $388.84. The firm's 50 day simple moving average is $357.97 and its two-hundred day simple moving average is $328.66. 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 issued 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. The company had revenue of $12.63 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. 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. As a group, analysts expect that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were issued a $0.47 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace's payout ratio is currently 22.14%.

Insider Activity at GE Aerospace

In other 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 sale, 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 transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.19% of the company's stock.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: GE secured a U.S. Navy performance-based logistics contract worth up to approximately $2.87 billion through 2031 to support 17 components for F414 engines used on F/A-18 Super Hornet and EA-18G Growler aircraft. The award improves long-term revenue visibility and strengthens GE’s higher-margin defense aftermarket business. GE Draws $2.87 Billion for USN Engine Support
• Positive Sentiment: South Korea selected GE’s LM2500+G4 marine gas turbines to power six next-generation KDDX destroyers, representing an order for 12 engines and expanding GE’s international naval propulsion presence. South Korea Selects GE Aerospace Engines
• Positive Sentiment: GE delivered three F404 engines to India’s Hindustan Aeronautics in August for the LCA Tejas program. The shipment helps address supply shortages and supports future engine revenue, though Tejas production is still awaiting additional supplies. GE Aerospace Delivers Three F404 Engines to HAL
• Positive Sentiment: GE won a Pentagon contract to build a Mach 5 hypersonic test vehicle and continues work on the XA102 adaptive combat engine. These programs could create longer-term growth opportunities in advanced defense propulsion. GE Aerospace Wins Hypersonic Test Vehicle Contract
• Positive Sentiment: GE’s commercial engines business continues to benefit from strong orders and deliveries, with reported revenue growth of 27% and 2026 sales projected to increase about 20%. The company also previously raised its full-year 2026 outlook after beating quarterly earnings and revenue estimates. GE Rides on Commercial Engines Unit Strength
• Negative Sentiment: Despite the positive contract flow, GE trades at roughly 39 times earnings and has declined about 12.7% over the past month, remaining well below its 12-month high. Investors may be concerned that the valuation leaves limited room for execution, supply-chain, or delivery disappointments. How Long Would You Wait for GE Aerospace Stock to Come Back?

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on GE shares. Sanford C. Bernstein set a $421.00 price objective on GE Aerospace and gave the company an "outperform" rating in a research note on Thursday, July 23rd. Royal Bank Of Canada restated an "outperform" rating and set a $400.00 target price (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Citigroup restated a "buy" rating and issued a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Finally, TD Cowen reiterated a "buy" rating and set a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Sixteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $390.59.

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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