Harel Insurance Investments & Financial Services Ltd. raised its stake in GE Aerospace (NYSE:GE – Free Report) by 124.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,460 shares of the company’s stock after buying an additional 3,024 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in GE Aerospace were worth $1,641,000 as of its most recent SEC filing.
Other hedge funds also recently made changes to their positions in the company. Aviance Capital Partners LLC boosted its holdings in GE Aerospace by 7.3% in the third quarter. Aviance Capital Partners LLC now owns 1,578 shares of the company’s stock valued at $475,000 after acquiring an additional 107 shares during the last quarter. Walkner Condon Financial Advisors LLC lifted its position in shares of GE Aerospace by 11.9% in the 3rd quarter. Walkner Condon Financial Advisors LLC now owns 968 shares of the company’s stock worth $291,000 after purchasing an additional 103 shares during the period. Maryland State Retirement & Pension System boosted its stake in shares of GE Aerospace by 2.4% in the 3rd quarter. Maryland State Retirement & Pension System now owns 52,320 shares of the company’s stock valued at $15,739,000 after purchasing an additional 1,208 shares during the last quarter. Dupree Financial Group LLC increased its position in shares of GE Aerospace by 10.1% during the third quarter. Dupree Financial Group LLC now owns 2,122 shares of the company’s stock worth $638,000 after buying an additional 194 shares during the period. Finally, Sequoia Financial Advisors LLC increased its position in shares of GE Aerospace by 14.6% during the third quarter. Sequoia Financial Advisors LLC now owns 87,407 shares of the company’s stock worth $26,294,000 after buying an additional 11,147 shares during the period. 74.77% of the stock is currently owned by institutional investors.
GE Aerospace Price Performance
Shares of NYSE:GE opened at $325.45 on Monday. GE Aerospace has a twelve month low of $159.36 and a twelve month high of $332.79. The stock’s 50 day moving average is $304.98 and its 200-day moving average is $290.61. The company has a quick ratio of 0.76, a current ratio of 1.08 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $343.29 billion, a price-to-earnings ratio of 43.45, a PEG ratio of 2.22 and a beta of 1.40.
GE Aerospace Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Shareholders of record on Monday, December 29th will be paid a dividend of $0.36 per share. The ex-dividend date is Monday, December 29th. This represents a $1.44 annualized dividend and a yield of 0.4%. GE Aerospace’s dividend payout ratio (DPR) is 19.23%.
Wall Street Analyst Weigh In
A number of brokerages have commented on GE. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Saturday, January 3rd. TD Cowen boosted their price objective on GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. BNP Paribas Exane upped their target price on GE Aerospace from $275.00 to $305.00 and gave the company an “underperform” rating in a research report on Thursday, January 8th. Jefferies Financial Group lifted their target price on GE Aerospace from $320.00 to $350.00 and gave the stock a “buy” rating in a report on Monday, September 22nd. Finally, JPMorgan Chase & Co. boosted their price target on GE Aerospace from $275.00 to $325.00 and gave the company an “overweight” rating in a research note on Monday, October 27th. Sixteen equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, GE Aerospace has an average rating of “Moderate Buy” and an average price target of $314.00.
Check Out Our Latest Stock Report on GE
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE and Lockheed Martin showcased rotating-detonation/ramjet technology for hypersonic missiles, evidencing GE Aerospace’s advanced propulsion work and potential long-term defense contract upside. Article Title
- Positive Sentiment: GE promoted Mohamed Ali and created an expanded C-suite role to lead its enlarged commercial engines unit — a signal management is reorganizing to support commercial aftermarket and engine growth. Article Title
- Positive Sentiment: Analysts at Wolfe Research and TD Cowen raised price targets and maintained positive ratings (outperform/buy), reinforcing upward expectations for revenue and earnings momentum. Article Title
- Neutral Sentiment: Zacks highlights GE’s history of earnings surprises and frames GE as having the setup to potentially beat again — supportive context but not definitive for the next quarter. Article Title
- Neutral Sentiment: Citigroup adjusted its price target (reported change to $378), a reminder that street views vary; such PT moves can nudge intraday volatility but aren’t a direct operational change. Article Title
- Negative Sentiment: Some outlets report an analyst downgrade that briefly pressured the stock, and a Zacks piece offers a contrasting view saying GE may not have the ideal setup to beat the coming quarter — indicating uncertainty around short-term EPS results. Article Title
Insider Transactions at GE Aerospace
In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the company’s stock in a transaction dated 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 completion of the sale, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $44,785,706.14. This represents a 5.05% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.21% of the company’s stock.
GE Aerospace Company 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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