Varma Mutual Pension Insurance Co Buys 4,437 Shares of GE Aerospace $GE

Key Points

• Varma Mutual Pension Insurance Co increased its stake in GE Aerospace by 2.6%, buying 4,437 shares to own 173,745 shares worth about $53.52 million at the end of the quarter.
• GE Aerospace beat Q1 estimates with EPS of $1.86 (vs. $1.60 expected) and revenue of $11.61B (up 24.6% YoY), issued FY2026 EPS guidance of 7.10–7.40, and raised its quarterly dividend to $0.47 (annualized $1.88).

Varma Mutual Pension Insurance Co increased its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 2.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 173,745 shares of the company's stock after purchasing an additional 4,437 shares during the period. Varma Mutual Pension Insurance Co's holdings in GE Aerospace were worth $53,519,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Sun Financial Inc acquired a new position in shares of GE Aerospace during the 4th quarter worth about $1,341,000. Reynders McVeigh Capital Management LLC lifted its position in shares of GE Aerospace by 24.3% during the 4th quarter. Reynders McVeigh Capital Management LLC now owns 1,581 shares of the company's stock worth $487,000 after purchasing an additional 309 shares during the last quarter. Elite Wealth Management Inc. acquired a new position in shares of GE Aerospace during the 4th quarter worth about $3,867,000. Summit Wealth & Retirement Planning Inc. lifted its position in shares of GE Aerospace by 25.5% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 970 shares of the company's stock worth $299,000 after purchasing an additional 197 shares during the last quarter. Finally, Core Alternative Capital lifted its position in shares of GE Aerospace by 162.8% during the 4th quarter. Core Alternative Capital now owns 1,866 shares of the company's stock worth $575,000 after purchasing an additional 1,156 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company's stock.

GE Aerospace Trading Up 0.1%

Shares of GE opened at $286.91 on Monday. GE Aerospace has a 1 year low of $205.56 and a 1 year high of $348.48. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock has a 50 day simple moving average of $305.62 and a 200-day simple moving average of $306.38. The stock has a market cap of $299.34 billion, a PE ratio of 35.33, a PEG ratio of 2.66 and a beta of 1.36.

GE Aerospace (NYSE:GE - Get Free Report) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion during the quarter, compared to analysts' expectations of $11.61 billion. During the same period in the prior year, the firm posted $1.49 EPS. GE Aerospace's quarterly revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, sell-side analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, March 9th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.7%. The ex-dividend date of this dividend was Monday, March 9th. This is a boost from GE Aerospace's previous quarterly dividend of $0.36. GE Aerospace's payout ratio is currently 23.15%.

Analysts Set New Price Targets

GE has been the subject of several research analyst reports. Zacks Research cut GE Aerospace from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 24th. The Goldman Sachs Group upped their price target on GE Aerospace from $338.00 to $350.00 and gave the company a "buy" rating in a report on Friday, January 23rd. Wells Fargo & Company assumed coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an "overweight" rating and a $325.00 price target for the company. TD Cowen cut their price target on GE Aerospace from $350.00 to $330.00 and set a "buy" rating for the company in a report on Wednesday, April 8th. Finally, Weiss Ratings reaffirmed a "buy (b)" rating on shares of GE Aerospace in a report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, GE Aerospace has a consensus rating of "Moderate Buy" and a consensus target price of $349.89.

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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