GE Aerospace $GE Stock: Curated Wealth Partners LLC Cuts Stake

Curated Wealth Partners LLC trimmed its position in GE Aerospace (NYSE:GE – Free Report) by 97.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,816 shares of the company’s stock after selling 216,773 shares during the quarter. Curated Wealth Partners LLC’s holdings in GE Aerospace were worth $1,816,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. WealthPlan Investment Management LLC boosted its stake in shares of GE Aerospace by 8.4% during the third quarter. WealthPlan Investment Management LLC now owns 10,026 shares of the company’s stock valued at $3,131,000 after purchasing an additional 780 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors grew its stake in shares of GE Aerospace by 21.4% in the third quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors now owns 2,854 shares of the company’s stock worth $891,000 after purchasing an additional 504 shares during the last quarter. Howard Financial Services LTD. increased its holdings in GE Aerospace by 8.9% in the third quarter. Howard Financial Services LTD. now owns 3,714 shares of the company’s stock valued at $1,160,000 after purchasing an additional 305 shares during the period. Ashurst Perkins Coie Trust Co grew its position in shares of GE Aerospace by 17.9% in the 3rd quarter. Ashurst Perkins Coie Trust Co now owns 580 shares of the company’s stock valued at $181,000 after buying an additional 88 shares during the last quarter. Finally, Mather Group LLC. increased its stake in shares of GE Aerospace by 46.5% in the third quarter. Mather Group LLC. now owns 47,968 shares of the company’s stock valued at $14,980,000 after buying an additional 15,226 shares during the period. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Performance

GE Aerospace stock traded up $2.24 during midday trading on Thursday, reaching $309.26. The stock had a trading volume of 1,187,876 shares, compared to its average volume of 5,065,144. GE Aerospace has a 12 month low of $268.91 and a 12 month high of $388.84. The firm has a market capitalization of $320.88 billion, a PE ratio of 36.44, 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. The firm’s 50-day moving average price is $332.15 and its 200 day moving average price is $328.11.

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 for the quarter, beating the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%. The firm’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.66 earnings per share. As a group, research analysts predict that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

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

Insider Activity at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the transaction, the senior vice president directly owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Company insiders own 0.19% of the company’s stock.

Key Headlines Impacting GE Aerospace

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

  • Positive Sentiment: Analysts and market commentators expect GE Aerospace to deliver solid third-quarter results, supporting renewed interest in the stock ahead of earnings. Investors are focused on revenue, profitability, orders and other operating metrics that could reinforce the company’s growth outlook. Why It’s Time To Load Up on GE Aerospace Stock GE Q3 Earnings on the Horizon
  • Positive Sentiment: GE’s expansion plans are receiving government support. The company is investing roughly £27 million alongside up to £33 million in U.K. public funding to expand its Prestwick facility, protect about 850 jobs and create 150 more. The site supports engines used on Boeing 787 aircraft, strengthening GE’s long-term aftermarket business. GE Aerospace to invest in Prestwick expansion
  • Positive Sentiment: GE Aerospace also plans to commit $400 million to sourcing and manufacturing activity in India, while a separate foundation initiative will invest $1 million in workforce training in the Dallas-Fort Worth area. These projects support capacity, talent development and regional government relationships. GE Aerospace commits $400 million to India sourcing
  • Neutral Sentiment: Analyst coverage remains broadly constructive, with a reported average price target of $386.67 and Susquehanna maintaining a Buy rating with a $430 target. However, GE is also one of the market’s most-watched stocks, which may increase short-term volatility around earnings. GE Aerospace average target price
  • Neutral Sentiment: GE’s chief executive is participating in discussions with U.S. officials on aircraft-certification reform. Faster certification could benefit aerospace manufacturers over time, but the immediate financial impact is unclear. Aircraft certification reform discussions
  • Negative Sentiment: Deutsche Bank cut its GE Aerospace price target to $377 from $450, signaling reduced upside expectations even though the stock remains above that revised target. GE’s planned $11.75 billion acquisition of Consolidated Precision Products also raises execution and valuation risks, particularly with the stock trading at a premium earnings multiple. Deutsche Bank adjusts GE Aerospace price target

Analysts Set New Price Targets

Several equities analysts recently issued reports on GE shares. Melius Research set a $350.00 target price on shares of GE Aerospace and gave the company a “hold” rating in a report on Monday, September 14th. Susquehanna reiterated a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Wells Fargo & Company decreased their price target on shares of GE Aerospace from $390.00 to $380.00 and set an “overweight” rating for the company in a research note on Wednesday, September 30th. Jefferies Financial Group set a $435.00 price objective on shares of GE Aerospace and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. Sixteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $386.67.

View Our Latest Research Report on GE Aerospace

GE Aerospace Company Profile

(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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