Oppenheimer Asset Management Inc. Has $7.65 Million Stock Holdings in GE Aerospace $GE

Oppenheimer Asset Management Inc. boosted its stake in GE Aerospace (NYSE:GE) by 25.1% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 25,442 shares of the company’s stock after buying an additional 5,109 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in GE Aerospace were worth $7,653,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Bare Financial Services Inc lifted its holdings in shares of GE Aerospace by 81.1% during the 2nd quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock valued at $25,000 after buying an additional 43 shares during the last quarter. Marquette Asset Management LLC bought a new position in GE Aerospace during the third quarter valued at approximately $26,000. Lavaca Capital LLC raised its position in GE Aerospace by 1,666.7% during the second quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock valued at $27,000 after acquiring an additional 100 shares in the last quarter. Barnes Dennig Private Wealth Management LLC lifted its stake in GE Aerospace by 147.2% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after acquiring an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. grew its position in GE Aerospace by 113.5% in the second quarter. IMG Wealth Management Inc. now owns 111 shares of the company’s stock worth $29,000 after acquiring an additional 59 shares in the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of the company’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 transaction, the senior vice president owned 150,434 shares of the company’s stock, valued at $46,103,507.98. This represents a 16.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Amy L. Gowder sold 4,000 shares of the firm’s stock in a transaction that occurred 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 completion of the sale, the senior vice president owned 16,535 shares of the company’s stock, valued at $5,055,245.55. This represents a 19.48% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 45,398 shares of company stock worth $13,837,171 over the last three months. Company insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently weighed in on GE. Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a report on Monday, October 27th. JPMorgan Chase & Co. increased their target price on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. The Goldman Sachs Group boosted their price target on GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Susquehanna reissued a “positive” rating and issued a $380.00 price objective on shares of GE Aerospace in a research note on Thursday, January 15th. Finally, Bank of America lifted their price target on shares of GE Aerospace from $310.00 to $365.00 and gave the company a “buy” rating in a research report on Monday, October 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $319.00.

GE Aerospace Trading Down 0.1%

Shares of GE Aerospace stock opened at $316.40 on Wednesday. GE Aerospace has a 1 year low of $159.36 and a 1 year high of $332.79. The company’s fifty day simple moving average is $307.98 and its 200-day simple moving average is $296.48. The company has a market cap of $331.84 billion, a price-to-earnings ratio of 38.87, a PEG ratio of 2.92 and a beta of 1.40. 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 (NYSE:GE) last issued its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. The firm had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.27 billion. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The business’s revenue was up 17.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts expect that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. This is a boost from GE Aerospace’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend is Monday, March 9th. GE Aerospace’s dividend payout ratio (DPR) is 17.69%.

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.