GE Aerospace (NYSE:GE) Stock Unloaded Rep. Austin Scott

Key Points

• Representative Austin Scott sold between $1,001 and $15,000 in shares of GE Aerospace (NYSE:GE) on June 16th, as disclosed in a recent filing.
• GE Aerospace reported $1.66 earnings per share for the last quarter, exceeding the consensus estimate of $1.43, with a revenue of $10.15 billion.
• Barclays and Royal Bank of Canada have upgraded their price targets for GE Aerospace, with Barclays raising it to $295.00 and RBC increasing it to $300.00 following strong financial performance.

Representative Austin Scott (R-Georgia) recently sold shares of GE Aerospace NYSE: GE. In a filing disclosed on August 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in GE Aerospace stock on June 16th. The trade occurred in the Representative's "VIVIEN G SCOTT IRA" account.

Representative Austin Scott also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of GE Vernova NYSE: GEV on 6/16/2025.
• Sold $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 5/23/2025.
• Sold $1,001 - $15,000 in shares of GE Vernova NYSE: GEV on 5/23/2025.

GE Aerospace Stock Performance

NYSE GE traded up $4.84 during trading hours on Thursday, hitting $271.28. The company had a trading volume of 731,329 shares, compared to its average volume of 5,991,936. The company has a debt-to-equity ratio of 0.88, a quick ratio of 0.73 and a current ratio of 1.04. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $281.50. The company has a market cap of $287.68 billion, a PE ratio of 37.84, a price-to-earnings-growth ratio of 2.86 and a beta of 1.44. The business has a 50 day moving average of $258.69 and a 200-day moving average of $225.50.

GE Aerospace (NYSE:GE - Get Free Report) last released its quarterly earnings data on Thursday, July 17th. The company reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.43 by $0.23. GE Aerospace had a net margin of 18.64% and a return on equity of 31.32%. The company had revenue of $10.15 billion during the quarter, compared to the consensus estimate of $9.49 billion. During the same quarter in the prior year, the firm posted $1.20 earnings per share. 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. As a group, equities research analysts expect that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on GE shares. Sanford C. Bernstein reiterated an "outperform" rating on shares of GE Aerospace in a research note on Friday, August 15th. Barclays increased their price target on shares of GE Aerospace from $230.00 to $295.00 and gave the stock an "overweight" rating in a report on Wednesday, July 23rd. Royal Bank Of Canada increased their price target on shares of GE Aerospace from $275.00 to $300.00 and gave the stock an "outperform" rating in a report on Friday, July 18th. Wells Fargo & Company increased their price target on shares of GE Aerospace from $34.00 to $38.00 in a report on Wednesday, July 23rd. Finally, Citigroup reaffirmed a "buy" rating and issued a $296.00 target price (up from $227.00) on shares of GE Aerospace in a report on Monday, July 14th. Ten research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $232.92.

Institutional Trading of GE Aerospace

A number of hedge funds have recently bought and sold shares of GE. Brighton Jones LLC boosted its position in GE Aerospace by 25.3% during the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company's stock worth $2,003,000 after acquiring an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC boosted its position in GE Aerospace by 7.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company's stock worth $375,000 after acquiring an additional 150 shares during the last quarter. CreativeOne Wealth LLC boosted its position in GE Aerospace by 16.3% during the fourth quarter. CreativeOne Wealth LLC now owns 26,734 shares of the company's stock worth $4,459,000 after acquiring an additional 3,740 shares during the last quarter. Hanlon Investment Management Inc. boosted its holdings in shares of GE Aerospace by 15.5% in the 4th quarter. Hanlon Investment Management Inc. now owns 1,736 shares of the company's stock valued at $290,000 after purchasing an additional 233 shares during the last quarter. Finally, XTX Topco Ltd boosted its holdings in shares of GE Aerospace by 163.8% in the 4th quarter. XTX Topco Ltd now owns 3,355 shares of the company's stock valued at $560,000 after purchasing an additional 2,083 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company's stock.

About Representative Scott

Austin Scott (Republican Party) is a member of the U.S. House, representing Georgia's 8th Congressional District. He assumed office on January 3, 2011. His current term ends on January 3, 2027. Scott (Republican Party) is running for re-election to the U.S. House to represent Georgia's 8th Congressional District. He declared candidacy for the 2026 election. Scott's professional experience includes working as an Agent and Owner with The Southern Group, Limited Liability Company, Senior Agent with The Principal Financial Group from 1993 to 1998 and an Agent with the Life of the South Agency from 1992 to 1993. He is a member of the American Red Cross - Coastal Plains Chapter Board, National Association of Insurance Financial Advisers, First Baptist Church of Tifton and the American Legislative Exchange Council. Scott graduated from the University of Georgia with a B.B.A. in risk management and insurance.

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.

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