Schuylkill Financial LLC bought a new stake in GE Aerospace (NYSE:GE – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund bought 2,756 shares of the company’s stock, valued at approximately $1,030,000. GE Aerospace accounts for about 0.9% of Schuylkill Financial LLC’s investment portfolio, making the stock its 27th largest position.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GE. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the fourth quarter worth $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at $31,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the 4th quarter valued at $32,000. Paladin Partners LLC purchased a new stake in shares of GE Aerospace in the 2nd quarter valued at $38,000. Finally, Lifetime Wealth Management P.C. acquired a new position in GE Aerospace during the 4th quarter worth about $40,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.
GE Aerospace Price Performance
Shares of NYSE GE opened at $336.66 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The company has a market cap of $349.30 billion, a price-to-earnings ratio of 39.65, a price-to-earnings-growth ratio of 2.46 and a beta of 1.35. The stock’s 50-day moving average is $357.33 and its two-hundred day moving average is $328.72. GE Aerospace has a 1-year low of $268.91 and a 1-year high of $388.84.
GE Aerospace Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Monday, July 27th. Investors of record on Monday, July 6th were paid a $0.47 dividend. The ex-dividend date was Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. GE Aerospace’s payout ratio is currently 22.14%.
GE Aerospace News Roundup
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: Expanding defense demand: GE Aerospace is benefiting from U.S. Navy modernization, including a reported $2.87 billion engine-support award, as well as additional F/A-18 engine-parts work. South Korea also selected GE marine gas-turbine engines for its KDDX destroyers, adding international defense visibility. GE Draws $2.87 Billion for USN Engine Support GE Aerospace to Provide Marine Gas Turbine Engines for South Korea’s KDDX Destroyers
- Positive Sentiment: Hypersonics and next-generation engines: GE won a Pentagon/DIU contract to develop a Mach 5 hypersonic test platform and continues work on the XA102 adaptive combat engine. These programs could strengthen GE’s position in future U.S. defense spending, although near-term financial impact is likely limited. GE Aerospace Secures DIU Contract to Develop Mach 5 Hypersonic Test Platform
- Positive Sentiment: Tejas engine deliveries resumed: GE shipped three F404-IN20 engines to India’s HAL in August for the LCA Tejas Mk1A program. The deliveries help ease a prolonged supply bottleneck and support production of aircraft ordered by India’s air force. HAL Shares in Focus as GE Aerospace Delivers Three F404 Engines
- Neutral Sentiment: Operational growth initiatives: GE also shipped an X-BAT engine after ground testing and outlined plans to increase combat-engine deliveries, supporting its longer-term defense pipeline but providing limited immediate earnings detail. GE Aerospace Ships X-BAT Engine After Ground-Test Campaign
- Negative Sentiment: Valuation and interest-rate risks remain: GE has recently pulled back materially from its 52-week high while trading at a relatively elevated earnings multiple. Rising Treasury yields could pressure high-growth industrial valuations, though the stock’s defense backlog and previously raised 2026 guidance may provide support.
Analysts Set New Price Targets
A number of equities analysts recently commented on GE shares. UBS Group raised their target price on GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a report on Friday, July 17th. Citigroup reiterated a “buy” rating and set a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. Royal Bank Of Canada reissued an “outperform” rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Wells Fargo & Company reissued an “overweight” rating and issued a $390.00 price objective on shares of GE Aerospace in a research note on Monday, July 20th. Finally, Susquehanna restated a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. Sixteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $390.59.
View Our Latest Analysis on GE Aerospace
Insider Transactions at GE Aerospace
In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction 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. The trade was a 28.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is owned by corporate insiders.
About GE Aerospace
GE Aerospace (NYSE: GE) is the aerospace business of General Electric, focused on the design, manufacture and support of aircraft engines, integrated propulsion systems and related aftermarket services. The company serves commercial airlines, airframers, business and general aviation operators, and defense customers, providing propulsion solutions for a broad range of aircraft types from single?aisle airliners to widebody and military platforms.
Its product portfolio includes a family of commercial and military jet engines as well as spare parts, components and systems engineering.
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