Benchmark Investment Advisors LLC Invests $1.43 Million in GE Aerospace $GE

Benchmark Investment Advisors LLC bought a new stake in GE Aerospace (NYSE:GEFree Report) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 4,756 shares of the company’s stock, valued at approximately $1,431,000.

A number of other large investors have also bought and sold shares of the business. FreeGulliver LLC bought a new stake in shares of GE Aerospace during the third quarter worth $401,000. Glenmede Investment Management LP lifted its position in GE Aerospace by 1.2% during the 3rd quarter. Glenmede Investment Management LP now owns 63,515 shares of the company’s stock worth $19,107,000 after buying an additional 784 shares in the last quarter. Jump Financial LLC lifted its position in GE Aerospace by 3,163.2% during the 3rd quarter. Jump Financial LLC now owns 26,334 shares of the company’s stock worth $7,922,000 after buying an additional 25,527 shares in the last quarter. Pathstone Holdings LLC grew its holdings in GE Aerospace by 0.4% during the 3rd quarter. Pathstone Holdings LLC now owns 122,574 shares of the company’s stock worth $36,876,000 after acquiring an additional 545 shares during the last quarter. Finally, Intrepid Capital Management Inc. acquired a new stake in GE Aerospace in the 3rd quarter valued at about $204,000. 74.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on GE. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. JPMorgan Chase & Co. lifted their target price on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. Morgan Stanley began coverage on GE Aerospace in a research report on Friday, February 20th. They set an “overweight” rating and a $425.00 target price for the company. UBS Group set a $374.00 price target on GE Aerospace and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, TD Cowen lifted their price objective on GE Aerospace from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $331.12.

Get Our Latest Stock Analysis on GE Aerospace

GE Aerospace Stock Down 2.4%

GE Aerospace stock opened at $299.25 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $348.48. The company has a fifty day simple moving average of $320.02 and a 200 day simple moving average of $305.32. The company has a market cap of $313.85 billion, a P/E ratio of 36.76, a price-to-earnings-growth ratio of 2.83 and a beta of 1.36.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. The company had revenue of $11.90 billion for the quarter, compared to analysts’ expectations of $11.27 billion. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The business’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Stockholders of record on Monday, March 9th will be given a $0.47 dividend. The ex-dividend date of this dividend is Monday, March 9th. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. GE Aerospace’s dividend payout ratio (DPR) is currently 23.10%.

GE Aerospace News Roundup

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

Insider Transactions at GE Aerospace

In related news, SVP Russell Stokes sold 30,363 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $306.47, for a total value of $9,305,348.61. Following the completion of the sale, the senior vice president directly owned 150,434 shares in the company, valued at approximately $46,103,507.98. The trade was a 16.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Amy L. Gowder sold 4,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $305.73, for a total value of $1,222,920.00. Following the sale, the senior vice president directly owned 16,535 shares in the company, valued at approximately $5,055,245.55. This trade represents a 19.48% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 37,398 shares of company stock worth $11,455,491. Company insiders own 0.21% of the company’s stock.

GE Aerospace Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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