Twin Focus Capital Partners LLC Sells 3,700 Shares of GE Aerospace $GE

Key Points

• Twin Focus Capital Partners LLC sold 3,700 shares of GE Aerospace, reducing its holdings by 45.8%, now owning a total of 4,377 shares worth approximately $876,000.
• Analysts have increased their price targets for GE Aerospace, with Royal Bank Of Canada raising it to $300.00 and UBS Group to $321.00, reflecting a generally positive outlook on the stock.
• GE Aerospace reported $1.66 earnings per share for the last quarter, exceeding expectations, with revenue growth of 21.2% year-over-year, totaling $10.15 billion.

Twin Focus Capital Partners LLC decreased its position in GE Aerospace (NYSE:GE - Free Report) by 45.8% during the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 4,377 shares of the company's stock after selling 3,700 shares during the period. Twin Focus Capital Partners LLC's holdings in GE Aerospace were worth $876,000 as of its most recent filing with the SEC.

Several other institutional investors have also recently bought and sold shares of the company. Putney Financial Group LLC bought a new stake in shares of GE Aerospace during the 4th quarter worth approximately $28,000. IMA Advisory Services Inc. bought a new stake in shares of GE Aerospace during the 1st quarter worth approximately $28,000. Copia Wealth Management raised its stake in shares of GE Aerospace by 14,200.0% during the 1st quarter. Copia Wealth Management now owns 143 shares of the company's stock worth $29,000 after purchasing an additional 142 shares in the last quarter. First Pacific Financial raised its stake in shares of GE Aerospace by 46.0% during the 1st quarter. First Pacific Financial now owns 165 shares of the company's stock worth $33,000 after purchasing an additional 52 shares in the last quarter. Finally, O Brien Wealth Partners LLC bought a new stake in shares of GE Aerospace during the 1st quarter worth approximately $33,000. Institutional investors own 74.77% of the company's stock.

GE Aerospace Price Performance

Shares of GE traded down $2.7310 during trading hours on Tuesday, hitting $265.7190. 3,373,653 shares of the company were exchanged, compared to its average volume of 6,034,910. The company has a market cap of $281.78 billion, a price-to-earnings ratio of 37.06, a P/E/G ratio of 2.88 and a beta of 1.44. GE Aerospace has a fifty-two week low of $159.36 and a fifty-two week high of $281.50. The company has a quick ratio of 0.73, a current ratio of 1.04 and a debt-to-equity ratio of 0.88. The firm's fifty day moving average is $257.78 and its 200 day moving average is $224.93.

GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly earnings data on Thursday, July 17th. The company reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.43 by $0.23. GE Aerospace had a return on equity of 31.32% and a net margin of 18.64%.The business had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.49 billion. During the same period in the prior year, the company earned $1.20 EPS. GE Aerospace's revenue for the quarter was up 21.2% on a year-over-year basis. GE Aerospace has set its FY 2025 guidance at 5.600-5.800 EPS. On average, equities analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Friday, July 25th. Investors of record on Monday, July 7th were given a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a dividend yield of 0.5%. GE Aerospace's dividend payout ratio is currently 20.08%.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on GE. Citigroup reiterated a "buy" rating and set a $296.00 price objective (up previously from $227.00) on shares of GE Aerospace in a research note on Monday, July 14th. Barclays upped their price objective on GE Aerospace from $230.00 to $295.00 and gave the stock an "overweight" rating in a research note on Wednesday, July 23rd. Wall Street Zen upgraded GE Aerospace from a "hold" rating to a "buy" rating in a research note on Friday, July 18th. UBS Group increased their price target on GE Aerospace from $300.00 to $321.00 and gave the company a "buy" rating in a research note on Friday, July 18th. Finally, Wells Fargo & Company increased their price target on GE Aerospace from $34.00 to $38.00 in a research note on Wednesday, July 23rd. Ten research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $232.92.

About GE Aerospace

GE Aerospace (also known as General Electric) is a company that specializes in providing aerospace products and services. It operates through two reportable segments: Commercial Engines and Services and Defense and Propulsion Technologies. It offers jet and turboprop engines, as well as integrated systems for commercial, military, business, and general aviation aircraft.