GE Aerospace $GE Stock Position Increased by BKM Wealth Management LLC

BKM Wealth Management LLC lifted its holdings in GE Aerospace (NYSE:GE) by 15.9% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 9,968 shares of the company’s stock after purchasing an additional 1,368 shares during the period. GE Aerospace comprises 1.0% of BKM Wealth Management LLC’s holdings, making the stock its 27th biggest holding. BKM Wealth Management LLC’s holdings in GE Aerospace were worth $2,829,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Cornerstone Wealth Group LLC boosted its position in shares of GE Aerospace by 5.2% in the 1st quarter. Cornerstone Wealth Group LLC now owns 5,573 shares of the company’s stock valued at $1,598,000 after purchasing an additional 274 shares during the period. Spectrum Asset Management Inc. NB CA raised its holdings in GE Aerospace by 133.2% during the 1st quarter. Spectrum Asset Management Inc. NB CA now owns 2,577 shares of the company’s stock worth $733,000 after buying an additional 1,472 shares during the period. Fort Washington Investment Advisors Inc. OH lifted its stake in GE Aerospace by 0.3% during the first quarter. Fort Washington Investment Advisors Inc. OH now owns 93,073 shares of the company’s stock valued at $26,411,000 after buying an additional 303 shares in the last quarter. Traveka Wealth LLC lifted its stake in GE Aerospace by 6.4% during the first quarter. Traveka Wealth LLC now owns 1,654 shares of the company’s stock valued at $469,000 after buying an additional 100 shares in the last quarter. Finally, Realta Investment Advisors boosted its holdings in shares of GE Aerospace by 15.3% in the first quarter. Realta Investment Advisors now owns 3,543 shares of the company’s stock worth $1,005,000 after buying an additional 470 shares during the period. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Price Performance

NYSE GE opened at $368.66 on Friday. GE Aerospace has a fifty-two week low of $243.34 and a fifty-two week high of $379.67. The stock’s 50-day moving average is $314.76 and its two-hundred day moving average is $312.01. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The firm has a market cap of $384.64 billion, a P/E ratio of 45.40, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be issued a $0.47 dividend. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s dividend payout ratio is 23.15%.

Wall Street Analysts Forecast Growth

GE has been the topic of several research analyst reports. Sanford C. Bernstein lifted their price objective on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Citigroup reduced their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Seaport Research Partners assumed coverage on GE Aerospace in a research report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 target price for the company. Morgan Stanley lowered their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, Wells Fargo & Company initiated coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Key Headlines Impacting GE Aerospace

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

• Positive Sentiment: Wall Street analysts continue to view GE Aerospace as a buy, which is reinforcing optimism around the stock even though broker ratings can be overly upbeat. Wall Street Analysts Think GE (GE) Is a Good Investment: Is It?
• Positive Sentiment: GE Aerospace declared a quarterly dividend of $0.47 per share, highlighting strong capital returns and ongoing financial strength. GE Aerospace Board of Directors Authorizes Quarterly Dividend
• Positive Sentiment: Analysts expect double-digit earnings growth when GE Aerospace reports second-quarter results next month, which is supporting bullish sentiment. Here’s What to Expect From GE Aerospace’s Next Earnings Report
• Neutral Sentiment: Several articles compared GE Aerospace’s performance with other aerospace stocks, but these were mostly relative-performance pieces rather than new company-specific catalysts. Is GE Aerospace (GE) Stock Outpacing Its Aerospace Peers This Year?
• Neutral Sentiment: GE Aerospace also drew attention for engine demand staying in the spotlight, which underscores a favorable industry backdrop but does not appear to add fresh hard news. GE Aerospace (NYSE:GE) Draws Eyes As Engine Demand Keeps the Spotlight
• Negative Sentiment: One report noted concerns that an advanced combat aircraft project is facing hurdles because of costly GE engines, which could point to pricing or program-related pressure in some defense applications. Advanced combat aircraft project faces hurdle over costly GE engines

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.