William Blair Investment Management LLC Invests $295.55 Million in GE Aerospace $GE

Key Points

• William Blair Investment Management acquired 790,801 GE Aerospace shares valued at approximately $295.55 million, making GE its 12th-largest holding and representing about 0.9% of its portfolio.
• GE Aerospace reported quarterly EPS of $2.02 and revenue of $12.63 billion, exceeding analyst estimates; revenue increased 21.1% year over year. The company also issued fiscal 2026 EPS guidance of $7.65–$7.85.
• 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. Shares recently traded at $348.85, while the company pays a quarterly dividend of $0.47 per share.

William Blair Investment Management LLC bought a new position in shares of GE Aerospace (NYSE:GE - Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 790,801 shares of the company's stock, valued at approximately $295,546,000. GE Aerospace comprises 0.9% of William Blair Investment Management LLC's holdings, making the stock its 12th biggest position. William Blair Investment Management LLC owned about 0.08% of GE Aerospace at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in GE Aerospace by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company's stock valued at $28,564,097,000 after purchasing an additional 699,364 shares during the period. Auto Owners Insurance Co increased its position in GE Aerospace by 52,247.5% in the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company's stock worth $2,024,413,000 after buying an additional 65,595,733 shares during the period. State Street Corp increased its position in GE Aerospace by 1.5% in the 4th quarter. State Street Corp now owns 45,240,802 shares of the company's stock worth $13,951,570,000 after buying an additional 663,160 shares during the period. Geode Capital Management LLC lifted its holdings in shares of GE Aerospace by 1.3% during the fourth quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company's stock worth $7,615,200,000 after buying an additional 312,880 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $4,444,736,000. Institutional investors own 74.77% of the company's stock.

GE Aerospace Price Performance

Shares of GE stock opened at $348.85 on Friday. The stock has a 50 day moving average of $361.10 and a two-hundred day moving average of $326.84. 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 $266.37 and a 12 month high of $388.84. The company has a market capitalization of $361.95 billion, a P/E ratio of 41.09, a P/E/G ratio of 2.52 and a beta of 1.36.

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

GE Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders 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 dividend on an annualized basis and a yield of 0.5%. GE Aerospace's payout ratio is currently 22.14%.

Insiders Place Their Bets

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the sale, the senior vice president owned 20,666 shares in the company, valued at $7,309,770.86. The trade was a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.19% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on GE shares. Citigroup restated a "buy" rating and issued a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. 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. Sanford C. Bernstein set a $421.00 price target on shares of GE Aerospace and gave the company an "outperform" rating in a report on Thursday, July 23rd. UBS Group raised their price target on shares of GE Aerospace from $426.00 to $435.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating and set a $450.00 price objective on shares of GE Aerospace in a report on Monday, July 27th. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, GE Aerospace presently has an average 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.

Want to see what other hedge funds are holding GE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Aerospace (NYSE:GE - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source