Stephens Inc. AR Increases Stock Holdings in GE Aerospace $GE

Stephens Inc. AR increased its position in GE Aerospace (NYSE:GE) by 25.1% in the first quarter, Holdings Channel.com reports. The fund owned 69,354 shares of the company’s stock after acquiring an additional 13,905 shares during the quarter. Stephens Inc. AR’s holdings in GE Aerospace were worth $19,709,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Allworth Financial LP increased its stake in shares of GE Aerospace by 7.6% during the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after buying an additional 5,434 shares during the period. Dara Capital US Inc. purchased a new stake in GE Aerospace in the fourth quarter worth $2,527,000. NewEdge Wealth LLC boosted its holdings in GE Aerospace by 92.2% in the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after acquiring an additional 9,663 shares in the last quarter. CenterBook Partners LP boosted its holdings in GE Aerospace by 892.6% in the fourth quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock valued at $15,336,000 after acquiring an additional 44,772 shares in the last quarter. Finally, Franklin Resources Inc. increased its position in GE Aerospace by 22.7% during the 3rd quarter. Franklin Resources Inc. now owns 2,060,723 shares of the company’s stock valued at $619,907,000 after purchasing an additional 380,757 shares during the period. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on GE shares. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Citigroup reaffirmed a “buy” rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research note on Wednesday. President Capital reduced their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Jefferies Financial Group increased their price target on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Seaport Research Partners initiated coverage on shares of GE Aerospace in a report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus target price of $357.56.

GE Aerospace Stock Down 0.1%

GE stock opened at $377.14 on Monday. The business has a 50 day moving average of $322.83 and a 200 day moving average of $315.11. The firm has a market cap of $393.49 billion, a PE ratio of 46.45, a price-to-earnings-growth ratio of 3.35 and a beta of 1.35. GE Aerospace has a twelve month low of $243.34 and a twelve month high of $382.97. 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 (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the prior year, the firm posted $1.49 earnings per share. The company’s quarterly revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts forecast that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be given 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 is Monday, July 6th. GE Aerospace’s dividend payout ratio is 23.15%.

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.