New York Life Investment Management LLC Sells 10,948 Shares of GE Aerospace $GE

New York Life Investment Management LLC cut its position in shares of GE Aerospace (NYSE:GE) by 7.1% in the third quarter, Holdings Channel.com reports. The firm owned 144,276 shares of the company’s stock after selling 10,948 shares during the quarter. New York Life Investment Management LLC’s holdings in GE Aerospace were worth $45,056,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in the company. Amundi raised its position in GE Aerospace by 135.2% in the 1st quarter. Amundi now owns 6,119,975 shares of the company’s stock worth $1,736,665,000 after purchasing an additional 3,518,278 shares during the period. Jupiter Topco LLC purchased a new position in shares of GE Aerospace during the second quarter valued at approximately $1,283,858,000. Wellington Management Group LLP boosted its position in shares of GE Aerospace by 97.3% during the second quarter. Wellington Management Group LLP now owns 6,797,935 shares of the company’s stock valued at $2,540,592,000 after buying an additional 3,352,432 shares during the period. Jennison Associates LLC boosted its position in shares of GE Aerospace by 37.7% during the first quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after buying an additional 3,017,937 shares during the period. Finally, State Street Corp boosted its position in shares of GE Aerospace by 2.6% during the second quarter. State Street Corp now owns 46,497,628 shares of the company’s stock valued at $17,377,559,000 after buying an additional 1,160,584 shares during the period. 74.77% of the stock is currently owned by institutional investors.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: Defense and propulsion growth: Robust demand, rising orders and key defense contracts are supporting the segment’s low-double-digit growth outlook for 2026, providing a potential business-growth catalyst. Zacks article
• Positive Sentiment: Analyst outlook remains bullish: Despite GE Aerospace lagging the broader market over the past year, Wall Street analysts cited in the report remain optimistic about its prospects. Barchart article
• Neutral Sentiment: Charitable donations: GE Aerospace donated more than $1 million to veteran and military charities in the U.S. and U.K.—a reputational positive, but not a direct earnings catalyst. Military.com article
• Neutral Sentiment: Industrial fund selling: GE was the largest stock sale reported by the Industrial Select SPDR, which sold holdings across all 83 positions. Because the fund exited everything, the sale may reflect broad portfolio changes rather than a GE-specific view. Yahoo Finance article
• Negative Sentiment: Correction may weigh on sentiment: A Motley Fool article describes GE Aerospace shares as being in a correction, a near-term headwind, though it argues patient investors could be rewarded over the longer term. Motley Fool article

GE Aerospace Trading Up 0.9%

NYSE:GE opened at $338.41 on Wednesday. GE Aerospace has a 52 week low of $268.91 and a 52 week high of $388.84. The firm has a 50 day moving average of $314.60 and a 200 day moving average of $323.43. The company has a quick ratio of 0.68, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The stock has a market capitalization of $349.70 billion, a price-to-earnings ratio of 39.03, a PEG ratio of 2.28 and a beta of 1.43.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Tuesday, October 20th. The company reported $2.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.01 by $0.24. GE Aerospace had a net margin of 17.31% and a return on equity of 44.43%. The business had revenue of $13.29 billion for the quarter, compared to analyst estimates of $12.88 billion. During the same period in the previous year, the company earned $1.66 earnings per share. The business’s revenue for the quarter was up 24.7% on a year-over-year basis. As a group, sell-side analysts anticipate that GE Aerospace will post 8.16 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Stockholders of record on Monday, October 5th were given a $0.47 dividend. The ex-dividend date of this dividend was Monday, October 5th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is presently 21.68%.

Insider Buying and Selling at GE Aerospace

In related news, VP Robert Giglietti sold 14,796 shares of the business’s stock in a transaction on Wednesday, November 4th. The stock was sold at an average price of $332.54, for a total transaction of $4,920,261.84. Following the transaction, the vice president directly owned 20,201 shares in the company, valued at $6,717,640.54. The trade was a 42.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.19% of the stock is owned by insiders.

Analyst Ratings Changes

A number of research analysts have recently commented on the company. Royal Bank Of Canada set a $376.00 target price on GE Aerospace in a research note on Friday, October 23rd. Vertical Research reissued a “buy” rating and set a $400.00 price target on shares of GE Aerospace in a research note on Tuesday, October 20th. JPMorgan Chase & Co. dropped their price objective on GE Aerospace from $400.00 to $375.00 and set an “overweight” rating for the company in a report on Wednesday, October 21st. Jefferies Financial Group reaffirmed a “buy” rating and issued a $425.00 price objective on shares of GE Aerospace in a research report on Sunday, October 25th. Finally, Melius Research set a $350.00 price objective on GE Aerospace and gave the company a “hold” rating in a research report on Monday, September 14th. Sixteen equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $373.45.

GE Aerospace Profile

GE Aerospace (NYSE: GE) designs, manufactures and services engines and related systems for commercial and military aircraft. Its offerings include aircraft engines, components, avionics and other integrated systems, along with maintenance, repair and overhaul services and digital solutions that support aircraft operations. The company serves airlines, aircraft manufacturers, governments and defense organizations around the world. Its business combines original equipment production with long-term aftermarket support, including parts and technical services for engines already in operation.