Generali Asset Management SPA SGR Has $27.47 Million Stock Position in GE Aerospace $GE

Generali Asset Management SPA SGR raised its stake in GE Aerospace (NYSE:GE) by 5.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 91,318 shares of the company’s stock after buying an additional 4,800 shares during the quarter. Generali Asset Management SPA SGR’s holdings in GE Aerospace were worth $27,470,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Brighton Jones LLC boosted its stake in GE Aerospace by 25.3% in the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after purchasing an additional 2,421 shares during the period. Revolve Wealth Partners LLC lifted its holdings in shares of GE Aerospace by 7.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock valued at $375,000 after purchasing an additional 150 shares in the last quarter. Axiom Investors LLC DE acquired a new position in shares of GE Aerospace during the first quarter worth about $97,569,000. Aprio Wealth Management LLC boosted its position in shares of GE Aerospace by 3.7% during the first quarter. Aprio Wealth Management LLC now owns 1,497 shares of the company’s stock worth $300,000 after buying an additional 54 shares during the period. Finally, Ancora Advisors LLC grew its holdings in shares of GE Aerospace by 22.9% during the first quarter. Ancora Advisors LLC now owns 3,412 shares of the company’s stock worth $683,000 after buying an additional 636 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Down 1.2%

NYSE GE opened at $308.20 on Friday. The company has a market cap of $325.09 billion, a PE ratio of 41.15, a PEG ratio of 2.38 and a beta of 1.40. The company has a current ratio of 1.08, a quick ratio of 0.76 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12 month low of $159.36 and a 12 month high of $318.06. The stock has a 50 day moving average of $301.84 and a 200-day moving average of $284.07.

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

GE Aerospace Dividend Announcement

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

Insider Transactions at GE Aerospace

In related news, SVP Russell Stokes sold 8,000 shares of GE Aerospace stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the completion of the transaction, the senior vice president owned 150,434 shares in the company, valued at approximately $44,785,706.14. This trade represents a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on GE shares. BNP Paribas Exane assumed coverage on GE Aerospace in a research note on Tuesday, November 18th. They issued an “underperform” rating on the stock. The Goldman Sachs Group lifted their price objective on shares of GE Aerospace from $271.00 to $305.00 and gave the company a “buy” rating in a report on Friday, October 10th. Susquehanna initiated coverage on shares of GE Aerospace in a report on Thursday, December 4th. They set a “positive” rating and a $350.00 target price for the company. Jefferies Financial Group raised their target price on shares of GE Aerospace from $320.00 to $350.00 and gave the company a “buy” rating in a research report on Monday, September 22nd. Finally, JPMorgan Chase & Co. boosted their price target on shares of GE Aerospace from $275.00 to $325.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, GE Aerospace has an average rating of “Moderate Buy” and a consensus price target of $309.94.

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.