Consilium Wealth Advisory LLC Sells 1,685 Shares of GE Aerospace $GE

Consilium Wealth Advisory LLC trimmed its position in GE Aerospace (NYSE:GE) by 14.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,815 shares of the company’s stock after selling 1,685 shares during the quarter. GE Aerospace makes up 1.1% of Consilium Wealth Advisory LLC’s portfolio, making the stock its 23rd biggest position. Consilium Wealth Advisory LLC’s holdings in GE Aerospace were worth $2,953,000 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 business. Bare Financial Services Inc raised its stake in shares of GE Aerospace by 81.1% during the second quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock worth $25,000 after buying an additional 43 shares during the last quarter. Lavaca Capital LLC grew its holdings in GE Aerospace by 1,666.7% during the 2nd quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock worth $27,000 after acquiring an additional 100 shares during the period. Nova Wealth Management Inc. bought a new stake in shares of GE Aerospace during the 1st quarter valued at $29,000. IMG Wealth Management Inc. lifted its stake in shares of GE Aerospace by 113.5% in the 2nd quarter. IMG Wealth Management Inc. now owns 111 shares of the company’s stock valued at $29,000 after purchasing an additional 59 shares during the period. Finally, 1248 Management LLC bought a new position in shares of GE Aerospace in the 2nd quarter worth $39,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Trading Up 0.1%

NYSE:GE opened at $311.78 on Wednesday. GE Aerospace has a fifty-two week low of $159.36 and a fifty-two week high of $318.06. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.08 and a quick ratio of 0.76. The stock has a market capitalization of $328.87 billion, a PE ratio of 41.63, a price-to-earnings-growth ratio of 2.41 and a beta of 1.40. The business’s 50-day simple moving average is $301.59 and its 200-day simple moving average is $283.73.

GE Aerospace (NYSE:GE) last posted its earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.46 by $0.20. The business had revenue of $11.31 billion during the quarter, compared to analysts’ expectations of $10.29 billion. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.GE Aerospace’s revenue for the quarter was up 26.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.15 EPS. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. Sell-side analysts expect that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 29th will be issued a dividend of $0.36 per share. This represents a $1.44 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, December 29th. GE Aerospace’s dividend payout ratio (DPR) is presently 19.23%.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the company. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a report on Wednesday, October 8th. Royal Bank Of Canada upped their price target on GE Aerospace from $300.00 to $340.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Citigroup initiated coverage on shares of GE Aerospace in a research note on Thursday, December 11th. They set a “buy” rating and a $386.00 price objective on the stock. BNP Paribas Exane assumed coverage on shares of GE Aerospace in a report on Tuesday, November 18th. They set an “underperform” rating for the company. Finally, BNP Paribas raised shares of GE Aerospace to a “strong sell” rating in a research note on Tuesday, November 18th. Sixteen equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $309.94.

Insider Buying and Selling

In related news, SVP Russell Stokes sold 8,000 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the sale, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $44,785,706.14. The trade was a 5.05% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.21% of the company’s stock.

About GE Aerospace

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.