Rep. Austin Scott Sells GE Aerospace (NYSE:GE) Shares

Key Points

• Representative Austin Scott sold shares worth between $1,001 and $15,000 in GE Aerospace on May 23rd, indicating potential changes in his investment strategy.
• GE Aerospace recently reported $1.66 EPS for the quarter, exceeding analysts' expectations and showcasing a 21.2% increase in year-over-year revenue.
• Analysts have raised their price targets for GE Aerospace, with Barclays increasing their target from $230 to $295 and UBS Group raising theirs from $300 to $321, indicating strong market confidence.

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

GE Aerospace Price Performance

Shares of GE Aerospace stock traded up $1.7910 during trading on Thursday, reaching $268.2310. The company's stock had a trading volume of 3,265,763 shares, compared to its average volume of 4,282,283. The stock has a 50-day moving average price of $259.27 and a two-hundred day moving average price of $225.94. The company has a current ratio of 1.04, a quick ratio of 0.73 and a debt-to-equity ratio of 0.88. GE Aerospace has a one year low of $159.36 and a one year high of $281.50. The stock has a market capitalization of $284.44 billion, a P/E ratio of 37.41, a price-to-earnings-growth ratio of 2.87 and a beta of 1.44.

GE Aerospace (NYSE:GE - Get Free Report) last released its quarterly earnings results on Thursday, July 17th. The company reported $1.66 earnings per share (EPS) for the quarter, beating analysts' consensus estimates 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 analysts' expectations of $9.49 billion. During the same period in the previous year, the business posted $1.20 earnings per share. The firm's revenue for the quarter was up 21.2% compared to the same quarter last year. GE Aerospace has set its FY 2025 guidance at 5.600-5.800 EPS. As a group, sell-side analysts anticipate that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on GE shares. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of GE Aerospace in a research note on Friday, August 15th. Barclays upped their price target on GE Aerospace from $230.00 to $295.00 and gave the stock an "overweight" rating in a research report on Wednesday, July 23rd. UBS Group upped their price target on GE Aerospace from $300.00 to $321.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Royal Bank Of Canada raised their target price on shares of GE Aerospace from $275.00 to $300.00 and gave the company an "outperform" rating in a research note on Friday, July 18th. Finally, Citigroup reissued a "buy" rating and issued a $296.00 target price (up from $227.00) on shares of GE Aerospace in a research note on Monday, July 14th. Ten analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $232.92.

Institutional Investors Weigh In On GE Aerospace

A number of hedge funds and other institutional investors have recently modified their holdings of GE. Rainey & Randall Wealth Advisors Inc. acquired a new position in GE Aerospace during the first quarter worth about $203,000. Sendero Wealth Management LLC raised its holdings in GE Aerospace by 526.6% in the 1st quarter. Sendero Wealth Management LLC now owns 15,008 shares of the company's stock valued at $3,004,000 after buying an additional 12,613 shares during the last quarter. Concurrent Investment Advisors LLC raised its holdings in GE Aerospace by 25.1% in the 1st quarter. Concurrent Investment Advisors LLC now owns 41,039 shares of the company's stock valued at $8,065,000 after buying an additional 8,245 shares during the last quarter. Global Assets Advisory LLC raised its holdings in GE Aerospace by 186.7% in the 1st quarter. Global Assets Advisory LLC now owns 14,710 shares of the company's stock valued at $2,751,000 after buying an additional 9,580 shares during the last quarter. Finally, Leisure Capital Management bought a new position in GE Aerospace in the 1st quarter valued at approximately $222,000. 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.

GE Aerospace Company Profile

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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