GE Aerospace $GE Shares Acquired by Rexford Capital Inc.

Rexford Capital Inc. boosted its stake in GE Aerospace (NYSE:GEFree Report) by 18,087.5% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,455 shares of the company’s stock after buying an additional 1,447 shares during the period. Rexford Capital Inc.’s holdings in GE Aerospace were worth $413,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the stock. Blueline Advisors LLC acquired a new position in shares of GE Aerospace during the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC acquired a new stake in GE Aerospace in the fourth quarter worth approximately $31,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the fourth quarter worth approximately $32,000. Lifetime Wealth Management P.C. acquired a new stake in GE Aerospace in the fourth quarter worth approximately $40,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Analyst Upgrades and Downgrades

GE has been the topic of several research analyst reports. Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. UBS Group decreased their target price on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Sanford C. Bernstein lifted their target price on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Finally, TD Cowen dropped their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. One 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.22.

Read Our Latest Analysis on GE Aerospace

GE Aerospace Price Performance

Shares of NYSE:GE opened at $372.94 on Wednesday. The company’s fifty day moving average is $317.60 and its two-hundred day moving average is $313.43. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12-month low of $243.34 and a 12-month high of $379.67. The company has a market cap of $389.10 billion, a P/E ratio of 45.93, a price-to-earnings-growth ratio of 3.31 and a beta of 1.37.

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

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be given a dividend of $0.47 per share. The ex-dividend date is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s dividend payout ratio (DPR) is presently 23.15%.

Key Headlines Impacting GE Aerospace

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GE Aerospace Profile

(Free Report)

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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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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