Entropy Technologies LP Sells 18,558 Shares of GE Aerospace $GE

Entropy Technologies LP reduced its holdings in GE Aerospace (NYSE:GEFree Report) by 39.4% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 28,554 shares of the company’s stock after selling 18,558 shares during the period. Entropy Technologies LP’s holdings in GE Aerospace were worth $8,103,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GE. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC acquired a new position in GE Aerospace during the fourth quarter valued at approximately $31,000. Tucker Asset Management LLC acquired a new position in GE Aerospace during the fourth quarter valued at approximately $32,000. Lifetime Wealth Management P.C. bought a new position in GE Aerospace in the fourth quarter valued at approximately $40,000. Finally, Legacy Bridge LLC increased its position in shares of GE Aerospace by 3,375.0% during the 4th quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after purchasing an additional 135 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on GE shares. Citigroup reissued a “buy” rating and issued a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a report on Wednesday, July 1st. Morgan Stanley lowered their target price 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. Daiwa Securities Group began coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target on the stock. TD Cowen reiterated a “buy” rating and issued a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Finally, Sanford C. Bernstein set a $421.00 price objective on shares of GE Aerospace and gave the company an “outperform” rating in a research report on Thursday. Sixteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $386.88.

View Our Latest Analysis on GE Aerospace

GE Aerospace News Summary

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

GE Aerospace Stock Up 1.4%

GE opened at $353.71 on Friday. GE Aerospace has a 1-year low of $261.71 and a 1-year high of $382.97. The stock’s fifty day simple moving average is $341.50 and its 200 day simple moving average is $319.67. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. The stock has a market cap of $367.00 billion, a PE ratio of 41.66, a price-to-earnings-growth ratio of 2.67 and a beta of 1.35.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter last year, the firm posted $1.66 EPS. The company’s quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be paid a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is currently 22.14%.

GE Aerospace Company 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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