GE Aerospace $GE Stock Sold by Ritholtz Wealth Management

Ritholtz Wealth Management lessened its stake in GE Aerospace (NYSE:GE) by 6.7% in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 27,669 shares of the company’s stock after selling 1,998 shares during the quarter. Ritholtz Wealth Management’s holdings in GE Aerospace were worth $8,641,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the stock. UNIVEST FINANCIAL Corp lifted its holdings in GE Aerospace by 11.2% during the third quarter. UNIVEST FINANCIAL Corp now owns 2,932 shares of the company’s stock valued at $916,000 after purchasing an additional 295 shares in the last quarter. Joel Isaacson & Co. LLC grew its position in shares of GE Aerospace by 4.1% in the third quarter. Joel Isaacson & Co. LLC now owns 9,047 shares of the company’s stock valued at $2,825,000 after purchasing an additional 359 shares during the period. Jacobi Capital Management LLC increased its stake in shares of GE Aerospace by 0.8% during the third quarter. Jacobi Capital Management LLC now owns 4,669 shares of the company’s stock worth $1,458,000 after purchasing an additional 38 shares in the last quarter. First Command Advisory Services Inc. increased its stake in shares of GE Aerospace by 15.1% during the third quarter. First Command Advisory Services Inc. now owns 2,998 shares of the company’s stock worth $936,000 after purchasing an additional 394 shares in the last quarter. Finally, Machina Capital S.A.S. purchased a new stake in shares of GE Aerospace during the third quarter worth about $898,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Price Performance

GE Aerospace stock opened at $342.28 on Thursday. GE Aerospace has a 52-week low of $268.91 and a 52-week high of $388.84. The firm has a market capitalization of $353.69 billion, a price-to-earnings ratio of 39.48, a PEG ratio of 2.30 and a beta of 1.43. The company has a fifty day simple moving average of $314.82 and a 200-day simple moving average of $323.67. The company has a quick ratio of 0.68, a current ratio of 0.98 and a debt-to-equity ratio of 0.96.

GE Aerospace (NYSE:GE) last issued its earnings results on Tuesday, October 20th. The company reported $2.25 EPS for the quarter, beating analysts’ consensus estimates of $2.01 by $0.24. The business had revenue of $13.29 billion during the quarter, compared to analysts’ expectations of $12.88 billion. GE Aerospace had a net margin of 17.31% and a return on equity of 44.43%. The company’s quarterly revenue was up 24.7% compared to the same quarter last year. During the same period in the prior year, the business earned $1.66 earnings per share. On average, equities analysts anticipate that GE Aerospace will post 8.16 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, October 26th. Investors of record on Monday, October 5th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.5%. The ex-dividend date of this dividend was Monday, October 5th. GE Aerospace’s dividend payout ratio is currently 21.68%.

GE Aerospace News Summary

Investors following GE have been watching these news items:

• Positive Sentiment: GE Aerospace’s Defense & Propulsion segment is benefiting from robust demand, rising orders and key defense contracts, supporting a low-double-digit growth outlook for 2026. GE Gains From Strength in Defense & Propulsion: Will the Momentum Last?
• Positive Sentiment: TipRanks highlighted GE among three mega-cap companies with a “Perfect 10” Smart Score, a favorable signal from that platform’s rating system, though not a company-specific earnings catalyst. 3 Mega-Cap Stocks with a Perfect 10 Smart Score
• Neutral Sentiment: GE Aerospace donated more than $1 million to veteran and military charities in the U.S. and U.K.; this is positive for its community profile but is unlikely to materially affect the shares. GE Aerospace Donates More Than $1M to Veteran and Military Charities

Analyst Ratings Changes

A number of brokerages recently weighed in on GE. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $410.00 price target on shares of GE Aerospace in a research note on Monday, July 20th. Morgan Stanley reiterated an “overweight” rating and issued a $375.00 price objective (down from $400.00) on shares of GE Aerospace in a report on Wednesday, October 21st. JPMorgan Chase & Co. cut their price objective on GE Aerospace from $400.00 to $375.00 and set an “overweight” rating for the company in a research note on Wednesday, October 21st. Wells Fargo & Company reduced their target price on GE Aerospace from $390.00 to $380.00 and set an “overweight” rating for the company in a report on Wednesday, September 30th. Finally, HC Wainwright set a $375.00 target price on GE Aerospace in a research report on Wednesday, October 21st. Sixteen equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $373.45.

Insider Transactions at GE Aerospace

In other GE Aerospace news, VP Robert Giglietti sold 14,796 shares of the stock in a transaction dated Wednesday, November 4th. The shares were sold at an average price of $332.54, for a total value of $4,920,261.84. Following the completion of the sale, the vice president owned 20,201 shares in the company, valued at approximately $6,717,640.54. This represents a 42.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.19% of the company’s stock.

About GE Aerospace

GE Aerospace (NYSE: GE) designs, manufactures and services engines and related systems for commercial and military aircraft. Its offerings include aircraft engines, components, avionics and other integrated systems, along with maintenance, repair and overhaul services and digital solutions that support aircraft operations. The company serves airlines, aircraft manufacturers, governments and defense organizations around the world. Its business combines original equipment production with long-term aftermarket support, including parts and technical services for engines already in operation.