GE Aerospace $GE Stock: New England Research & Management Inc. Grows Stake

New England Research & Management Inc. lifted its holdings in GE Aerospace (NYSE:GE) by 42.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,051 shares of the company’s stock after purchasing an additional 2,090 shares during the period. New England Research & Management Inc.’s holdings in GE Aerospace were worth $2,202,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of the business. Mosley Wealth Management boosted its holdings in GE Aerospace by 98.7% in the third quarter. Mosley Wealth Management now owns 304 shares of the company’s stock worth $95,000 after purchasing an additional 151 shares in the last quarter. Sard Wealth Management Group LLC increased its position in GE Aerospace by 6.9% during the third quarter. Sard Wealth Management Group LLC now owns 700 shares of the company’s stock worth $219,000 after buying an additional 45 shares during the last quarter. Parisi Gray Wealth Management raised its holdings in GE Aerospace by 1.9% during the third quarter. Parisi Gray Wealth Management now owns 7,092 shares of the company’s stock valued at $2,215,000 after buying an additional 131 shares in the last quarter. WealthBridge Capital Management LLC raised its holdings in GE Aerospace by 10.1% during the third quarter. WealthBridge Capital Management LLC now owns 1,943 shares of the company’s stock valued at $607,000 after buying an additional 178 shares in the last quarter. Finally, Opal Wealth Advisors LLC raised its holdings in GE Aerospace by 36.4% during the third quarter. Opal Wealth Advisors LLC now owns 1,505 shares of the company’s stock valued at $470,000 after buying an additional 402 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on GE shares. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Susquehanna reissued a “positive” rating and set a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. UBS Group increased their price objective on GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a report on Friday, July 17th. The Goldman Sachs Group reissued a “buy” rating and issued a $410.00 price objective on shares of GE Aerospace in a research note on Monday, July 20th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $450.00 target price on shares of GE Aerospace in a report on Monday, July 27th. Sixteen investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $386.67.

GE Aerospace News Roundup

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

• Positive Sentiment: Turkish Airlines and CFM International signed a memorandum covering more than 600 LEAP-1B engines, including 300 engines for up to 150 Boeing 737 MAX aircraft, long-term services and material support for a future maintenance facility. The agreement reinforces GE’s long-term engine and aftermarket opportunity. Turkish Airlines and CFM sign MOU for more than 600 LEAP-1B engines
• Positive Sentiment: Bernstein reiterated a Buy rating and its $421 price target, citing resilient aftermarket demand and continued LEAP engine growth. GE Aerospace analyst rating and price target
• Positive Sentiment: Analysts expect third-quarter results to reflect solid commercial and defense demand, with growth potentially supported by GE’s large installed engine base and service revenue. How to Approach GE Aerospace Stock Ahead of Its Q3 Earnings Release?
• Positive Sentiment: GE awarded a $16 million defense-related fighter-jet generator repair order to its Vandalia, Ohio, operation, providing a modest boost to defense backlog and facility utilization.
• Neutral Sentiment: Morgan Stanley said aerospace and defense demand remains intact despite softer investor sentiment across the sector, suggesting fundamentals are holding up even as market enthusiasm cools. Aerospace, Defense Stocks’ Demand Intact Despite Softer Sentiment
• Neutral Sentiment: GE’s foundation plans to invest $1 million in Dallas-Fort Worth aviation workforce training, while the company is also pursuing international sourcing and facility investments. These initiatives may support long-term capacity but have limited near-term earnings impact.
• Negative Sentiment: The options market is positioned for GE shares to decline following the earnings release, signaling caution ahead of a potentially volatile report. Ahead of GE Aerospace Earnings, Here’s What Barchart Data Says Comes Next for GE Stock
• Negative Sentiment: Although growth expectations are favorable, GE trades at a premium valuation and faces rising costs. Any earnings miss, cautious guidance or margin pressure could prompt profit-taking.

Insiders Place Their Bets

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the completion of the transaction, the senior vice president owned 20,666 shares of the company’s stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.19% of the stock is currently owned by corporate insiders.

GE Aerospace Stock Performance

Shares of GE Aerospace stock traded up $1.79 on Friday, reaching $313.79. The stock had a trading volume of 4,204,651 shares, compared to its average volume of 4,298,996. The business’s 50-day moving average price is $329.77 and its two-hundred day moving average price is $328.21. 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 fifty-two week low of $268.91 and a fifty-two week high of $388.84. The stock has a market cap of $325.58 billion, a P/E ratio of 36.96, a price-to-earnings-growth ratio of 2.28 and a beta of 1.38.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The business had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the prior year, the firm earned $1.66 EPS. GE Aerospace’s quarterly revenue was up 21.1% compared to the same quarter last year. On average, sell-side analysts forecast that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Monday, October 5th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, October 5th. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

GE Aerospace Company Profile

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.