Vise Technologies Inc. boosted its position in shares of GE Aerospace (NYSE:GE – Free Report) by 43.6% in the second quarter, Holdings Channel.com reports. The firm owned 51,314 shares of the company’s stock after acquiring an additional 15,583 shares during the period. Vise Technologies Inc.’s holdings in GE Aerospace were worth $19,177,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in the company. Blueline Advisors LLC bought a new stake in shares of GE Aerospace in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC bought a new position in shares of GE Aerospace during the fourth quarter worth about $31,000. Paladin Partners LLC bought a new position in shares of GE Aerospace during the second quarter worth about $38,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace during the fourth quarter worth about $32,000. Finally, Burkett Financial Services LLC raised its position in GE Aerospace by 28.9% in the 2nd quarter. Burkett Financial Services LLC now owns 125 shares of the company’s stock valued at $47,000 after buying an additional 28 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.
GE Aerospace Trading Down 3.1%
GE Aerospace stock opened at $345.21 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. GE Aerospace has a 52 week low of $266.14 and a 52 week high of $388.84. The stock has a 50-day simple moving average of $360.82 and a 200 day simple moving average of $326.69. The stock has a market capitalization of $358.18 billion, a P/E ratio of 40.66, a PEG ratio of 2.60 and a beta of 1.36.
GE Aerospace Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were given a $0.47 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio is presently 22.14%.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on GE shares. Jefferies Financial Group boosted their price objective on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $400.00 target price (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. The Goldman Sachs Group reiterated a “buy” rating and issued a $410.00 price target on shares of GE Aerospace in a research note on Monday, July 20th. Wells Fargo & Company reissued an “overweight” rating and set a $390.00 price target on shares of GE Aerospace in a research report on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $450.00 price objective on shares of GE Aerospace in a research note on Monday, July 27th. Sixteen research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $390.59.
Check Out Our Latest Research Report on GE Aerospace
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: The U.S. Air Force selected the GE Aerospace–Kratos F143 as a second engine source for the JASSM cruise missile. The award expands GE’s defense exposure and could create an additional source of future engine production and aftermarket revenue. US Air Force adds GE-Kratos F143 as second engine source for JASSM
- Positive Sentiment: A visit by Sen. Jon Husted and a senior Pentagon official highlighted GE Aerospace’s role in U.S. aerospace and defense programs. While not a new contract, the engagement underscores the company’s strategic importance as Washington emphasizes domestic defense-industrial capacity. Sen. Husted, senior Pentagon official visit GE Aerospace
- Neutral Sentiment: GE Aerospace continues investing in aviation’s longer-term evolution, including hybrid-electric flight and engineering capabilities developed by its Bengaluru team. These initiatives may support future product opportunities but are unlikely to materially affect near-term earnings. GE Aerospace Bengaluru innovation
- Neutral Sentiment: Recent commentary focuses on GE Aerospace’s aviation strategy and possible catalysts for its next growth phase, including engine demand, aftermarket services, innovation and defense opportunities. These are supportive themes, but the reports do not identify a specific near-term financial catalyst. Why GE Aerospace Remains Focused on Aviation Evolution What Could Unlock GE Aerospace’s Next Phase
- Negative Sentiment: One analysis argues GE Aerospace is priced for a margin recovery that has not yet occurred. The company is shipping engines that should generate future service revenue, but production costs are pressuring margins today; with shares trading at a high valuation, a delay in margin improvement could leave limited downside protection. GE Aerospace Stock Is Priced for a Margin Repair That Has Not Happened Yet
- Neutral Sentiment: A securities-fraud investigation notice concerns GE HealthCare Technologies (NASDAQ: GEHC), a separate company, and does not directly involve GE Aerospace or its stock. GE HealthCare securities fraud investigation
Insider Buying and Selling at GE Aerospace
In related news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the sale, the senior vice president directly owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This trade represents a 28.15% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 0.19% of the company’s stock.
GE Aerospace 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.
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