Kornitzer Capital Management Inc. KS Increases Holdings in GE Aerospace $GE

Kornitzer Capital Management Inc. KS increased its position in GE Aerospace (NYSE:GE) by 39.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 10,272 shares of the company’s stock after purchasing an additional 2,907 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in GE Aerospace were worth $2,915,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of GE. Whipplewood Advisors LLC increased its holdings in GE Aerospace by 1,356.0% during the 1st quarter. Whipplewood Advisors LLC now owns 364 shares of the company’s stock worth $103,000 after purchasing an additional 339 shares during the period. Accredited Investors Inc. lifted its holdings in shares of GE Aerospace by 25.9% in the 1st quarter. Accredited Investors Inc. now owns 5,386 shares of the company’s stock worth $1,528,000 after buying an additional 1,109 shares during the period. First Horizon Corp lifted its holdings in shares of GE Aerospace by 2.2% in the 1st quarter. First Horizon Corp now owns 4,119 shares of the company’s stock worth $1,169,000 after buying an additional 88 shares during the period. Mosaic Family Wealth Partners LLC grew its position in shares of GE Aerospace by 8.3% during the 1st quarter. Mosaic Family Wealth Partners LLC now owns 1,335 shares of the company’s stock worth $379,000 after buying an additional 102 shares in the last quarter. Finally, Kestra Advisory Services LLC grew its position in shares of GE Aerospace by 19.9% during the 1st quarter. Kestra Advisory Services LLC now owns 98,273 shares of the company’s stock worth $27,887,000 after buying an additional 16,336 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: Investors are positioning for a strong July 16 earnings report, with expectations for revenue and EPS growth and the possibility of another beat. Top Wall Street Forecasters Revamp GE Aerospace Expectations Ahead Of Q2 Earnings
• Positive Sentiment: Analysts and commentators say GE’s defense and propulsion unit is benefiting from strong orders, major contracts, and rising military demand. Will Strength in Defense & Propulsion Unit Continue to Drive GE’s Momentum?
• Positive Sentiment: GE Aerospace is being described as a high-quality industrial name with a strong installed base and consistent service revenue, supporting investor confidence. GE Aerospace (GE) Rallied Amid Investors’ Confidence
• Neutral Sentiment: Some investors are warning that the stock’s sharp run means valuation matters, and much of the optimism may already be priced in. GE Aerospace: Great Company, But Price Matters
• Neutral Sentiment: Broader coverage has kept GE Aerospace in the spotlight, with traders focused on whether earnings can extend the stock’s current momentum. GE Aerospace Is a No-Brainer Buy Before July 16 Earnings. Here’s Why

GE Aerospace Stock Up 0.1%

Shares of GE Aerospace stock traded up $0.29 on Friday, reaching $359.33. The stock had a trading volume of 2,334,269 shares, compared to its average volume of 4,698,848. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $374.90 billion, a P/E ratio of 44.25, a P/E/G ratio of 3.18 and a beta of 1.35. The company has a 50 day moving average price of $330.74 and a 200 day moving average price of $317.23. GE Aerospace has a 1 year low of $251.40 and a 1 year high of $382.97.

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

GE Aerospace Announces Dividend

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

Analysts Set New Price Targets

GE has been the topic of a number of research reports. Citigroup reissued a “buy” rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Wells Fargo & Company started coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective on the stock. Morgan Stanley cut their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. BNP Paribas Exane reduced their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Finally, Daiwa Securities Group initiated coverage on GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $360.33.

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.