6,198 GE Aerospace $GE Shares Sold by Courier Capital LLC

Courier Capital LLC trimmed its position in GE Aerospace (NYSE:GE – Free Report) by 77.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,778 shares of the company’s stock after selling 6,198 shares during the quarter. Courier Capital LLC’s holdings in GE Aerospace were worth $555,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GE. GK Wealth Management LLC bought a new stake in GE Aerospace in the 3rd quarter worth $25,000. Paladin Partners LLC bought a new position in shares of GE Aerospace during the second quarter valued at about $38,000. Lifetime Wealth Management P.C. purchased a new stake in shares of GE Aerospace during the fourth quarter worth about $40,000. Parvin Asset Management LLC purchased a new stake in shares of GE Aerospace during the second quarter worth about $41,000. Finally, Bayban bought a new stake in shares of GE Aerospace in the fourth quarter worth about $44,000. 74.77% of the stock is currently owned by institutional investors.

Insider Activity at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the transaction, the senior vice president owned 20,666 shares in the company, valued at $7,309,770.86. This trade represents a 28.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.19% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

GE has been the topic of a number of research analyst reports. Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a report on Wednesday, September 9th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $450.00 price objective on shares of GE Aerospace in a report on Monday, July 27th. JPMorgan Chase & Co. increased their price objective on GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a report on Monday, July 20th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Finally, Wells Fargo & Company reduced their target price on GE Aerospace from $390.00 to $380.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 30th. Sixteen research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $386.67.

View Our Latest Report on GE

GE Aerospace Trading Down 0.2%

Shares of NYSE:GE traded down $0.52 on Tuesday, hitting $308.12. The company had a trading volume of 4,516,473 shares, compared to its average volume of 5,094,584. The firm’s 50-day simple moving average is $335.02 and its two-hundred day simple moving average is $327.88. The firm has a market capitalization of $319.69 billion, a price-to-earnings ratio of 36.29, a P/E/G ratio of 2.25 and a beta of 1.38. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a 1 year low of $268.91 and a 1 year high of $388.84.

GE Aerospace (NYSE:GE – Get Free Report) last announced its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $11.87 billion. During the same quarter in the previous year, the company earned $1.66 earnings per share. GE Aerospace’s quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Monday, October 5th will be issued a $0.47 dividend. The ex-dividend date is Monday, October 5th. This represents a $1.88 annualized dividend and a yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

GE Aerospace News Roundup

Here are the key news stories impacting GE Aerospace this week:

  • Positive Sentiment: UK-backed Prestwick expansion: GE secured up to £33 million in government funding, alongside approximately £27 million from the company, to modernize its Prestwick maintenance facility. The project is expected to protect 850 jobs and create 150 more, strengthening GE’s long-term engine-maintenance footprint for Boeing 787 aircraft. General Electric Wins UK Backing To Expand Prestwick Jet Engine Jobs
  • Positive Sentiment: India growth investment: GE plans to nearly double its India supply-chain spending to $400 million by 2030, increasing local sourcing as commercial aviation demand expands. Management also expects GE- and partner-built CFM engines to power the large majority of new aircraft entering India, supporting future volume and aftermarket opportunities. GE to Double India Sourcing to $400 Million by 2030
  • Positive Sentiment: Defense opportunities: GE Aerospace, Shield AI and Poland’s WZL-2 signed a memorandum of understanding to explore F110 engine maintenance for autonomous fighter aircraft. The initiative could broaden GE’s defense and military maintenance pipeline, although it remains an early-stage opportunity. Shield AI and Poland’s WZL-2 Sign MOU
  • Positive Sentiment: Analyst support: Susquehanna reportedly set a $430 price target, signaling substantial upside from recent trading levels and reinforcing the bullish view on GE’s aerospace earnings outlook. Susquehanna Sets $430 Target for GE Aerospace
  • Neutral Sentiment: Earnings approaching: GE is scheduled to report third-quarter results before the market opens on October 20. Forecast revisions ahead of the report could increase volatility, with investors focused on execution, cash flow and full-year guidance. GE Aerospace Earnings Are Imminent
  • Negative Sentiment: CPP acquisition valuation concerns: GE’s planned $11.75 billion purchase of Consolidated Precision Products should improve control over critical castings, but investors are assessing whether the large deal can justify GE’s elevated earnings multiple and avoid integration or execution pressure. GE Aerospace: Can an $11.75 Billion Foundry Deal Defend Its Premium?

About GE Aerospace

(Free Report)

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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