Sapient Capital LLC Has $52.31 Million Stock Holdings in GE Aerospace $GE

Sapient Capital LLC lifted its stake in GE Aerospace (NYSE:GE) by 7.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 177,673 shares of the company’s stock after acquiring an additional 12,365 shares during the quarter. GE Aerospace makes up approximately 0.8% of Sapient Capital LLC’s investment portfolio, making the stock its 19th largest position. Sapient Capital LLC’s holdings in GE Aerospace were worth $52,306,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of GE Aerospace during the 2nd quarter worth approximately $3,408,828,000. Amundi increased its holdings in GE Aerospace by 124.0% during the first quarter. Amundi now owns 3,200,479 shares of the company’s stock worth $600,506,000 after buying an additional 1,771,944 shares during the last quarter. Vanguard Group Inc. increased its holdings in GE Aerospace by 1.6% during the second quarter. Vanguard Group Inc. now owns 91,989,511 shares of the company’s stock worth $23,677,180,000 after buying an additional 1,482,069 shares during the last quarter. Kingstone Capital Partners Texas LLC bought a new stake in GE Aerospace during the second quarter worth $227,998,000. Finally, Lazard Asset Management LLC lifted its stake in GE Aerospace by 4,253.7% in the second quarter. Lazard Asset Management LLC now owns 796,422 shares of the company’s stock valued at $204,991,000 after acquiring an additional 778,129 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Down 0.5%

Shares of GE opened at $315.30 on Friday. The firm has a market cap of $332.58 billion, a P/E ratio of 42.10, a price-to-earnings-growth ratio of 2.43 and a beta of 1.40. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.76 and a current ratio of 1.08. GE Aerospace has a 52 week low of $159.36 and a 52 week high of $318.06. The firm’s 50-day simple moving average is $301.31 and its 200 day simple moving average is $282.42.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, October 21st. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.20. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.The company had revenue of $11.31 billion during the quarter, compared to analysts’ expectations of $10.29 billion. During the same quarter in the previous year, the company posted $1.15 earnings per share. The business’s revenue was up 26.4% on a year-over-year basis. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. On average, analysts forecast that GE Aerospace will post 5.4 earnings per share for the current year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Stockholders of record on Monday, December 29th will be given a $0.36 dividend. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, December 29th. GE Aerospace’s payout ratio is presently 19.23%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on GE shares. Jefferies Financial Group boosted their price objective on shares of GE Aerospace from $320.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, September 22nd. Wolfe Research lifted their price target on GE Aerospace from $280.00 to $330.00 and gave the stock an “outperform” rating in a report on Thursday, October 9th. Wall Street Zen upgraded GE Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, December 13th. Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Friday, September 26th. Finally, BNP Paribas upgraded GE Aerospace to a “strong sell” rating in a research note on Tuesday, November 18th. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and a consensus target price of $309.94.

Insider Activity

In related news, SVP Russell Stokes sold 8,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the transaction, the senior vice president directly owned 150,434 shares in the company, valued at approximately $44,785,706.14. This represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.21% of the company’s stock.

GE Aerospace Company Profile

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.