QRG Capital Management Inc. Has $80.13 Million Stock Holdings in GE Aerospace $GE

QRG Capital Management Inc. grew its position in GE Aerospace (NYSE:GE) by 9.8% during the second quarter, HoldingsChannel reports. The firm owned 214,416 shares of the company’s stock after buying an additional 19,155 shares during the quarter. QRG Capital Management Inc.’s holdings in GE Aerospace were worth $80,134,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Envestnet Portfolio Solutions Inc. increased its stake in shares of GE Aerospace by 35.7% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 18,478 shares of the company’s stock worth $6,906,000 after purchasing an additional 4,861 shares during the period. Envestnet Asset Management Inc. boosted its stake in GE Aerospace by 3.7% during the 2nd quarter. Envestnet Asset Management Inc. now owns 1,507,740 shares of the company’s stock valued at $563,485,000 after purchasing an additional 54,448 shares during the period. State Street Corp grew its holdings in GE Aerospace by 2.6% in the 2nd 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 last quarter. Security National Bank of SO Dak acquired a new stake in GE Aerospace in the 2nd quarter valued at approximately $55,000. Finally, Security National Bank of Sioux City Iowa IA bought a new position in GE Aerospace in the 2nd quarter worth approximately $95,000. 74.77% of the stock is owned by institutional investors.

Insider Activity at GE Aerospace

In related news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction 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 sale, the senior vice president owned 20,666 shares of the company’s stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.19% of the stock is owned by company insiders.

GE Aerospace Price Performance

Shares of GE stock traded up $0.47 during mid-day trading on Wednesday, reaching $319.69. The company’s stock had a trading volume of 4,352,676 shares, compared to its average volume of 5,174,048. The firm’s 50-day moving average is $346.32 and its two-hundred day moving average is $327.30. The company has a market cap of $331.70 billion, a P/E ratio of 37.66, a PEG ratio of 2.33 and a beta of 1.35. GE Aerospace has a 1-year low of $268.91 and a 1-year high of $388.84. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98.

GE Aerospace (NYSE:GE) last issued its 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 business had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm’s revenue was up 21.1% on a year-over-year basis. During the same period in the previous year, the business earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, research analysts predict that GE Aerospace will post 7.91 earnings per share for the current 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 dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Monday, October 5th. GE Aerospace’s payout ratio is presently 22.14%.

More GE Aerospace News

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

• Positive Sentiment: Defense propulsion milestone: GE Aerospace and Kratos Defense successfully ignited their jointly developed GEK800 turbofan engine. The test advances a scalable, lower-cost propulsion system for drones and cruise missiles, potentially expanding GE’s defense opportunity. Full Throttle: Kratos and GE Fire Up a Next-Gen Defense Engine
• Positive Sentiment: Research investment: GE Aerospace plans to invest $225 million in its Niskayuna, New York, research center. The spending should support advanced propulsion and aviation technologies, although the benefits are likely to develop over the longer term. GE Aerospace to invest $225M in Niskayuna research center
• Positive Sentiment: Aftermarket demand remains supportive: GE said demand for CFM56 engine overhauls remains strong, reinforcing the durability of its high-margin commercial services business. Analysts also point to GE’s approximately $170 billion services backlog, LEAP engine growth and defense diversification as reasons the long-term bullish case remains intact despite elevated oil prices. CFM56 Overhaul Demand Remains Strong GE Aerospace: Why $100 Oil Doesn’t Break the Bull Case
• Positive Sentiment: Shareholder return and governance updates: GE declared a quarterly dividend of $0.47 per share, payable October 26 to shareholders of record October 5. The board also appointed Wes Bush as independent lead director, strengthening governance oversight. GE Aerospace Board of Directors Authorizes Quarterly Dividend GE Aerospace names Wes Bush independent lead director
• Neutral Sentiment: Valuation is under scrutiny: After a roughly 396.5% five-year return, commentary describes GE as fairly valued relative to expected cash generation. This may limit near-term upside unless earnings and free cash flow continue to exceed already-strong expectations. General Electric Stock Looks Fairly Valued on Cash Flow
• Negative Sentiment: Key risks remain: Oil near $100 could moderate airline demand and aftermarket activity, while the planned CPP acquisition and the stock’s premium valuation add execution and downside risks. Investors are watching whether strong services demand can offset potential cyclical pressure.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. 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. The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $450.00 price target on shares of GE Aerospace in a research report on Monday, July 27th. Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a report on Wednesday, September 9th. Finally, UBS Group lifted their target price on GE Aerospace from $426.00 to $435.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $387.22.

GE Aerospace Company Profile

GE Aerospace (NYSE:GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.

The company’s products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.

GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.