Rhumbline Advisers Sells 25,454 Shares of GE Aerospace $GE

Rhumbline Advisers cut its holdings in GE Aerospace (NYSE:GE) by 1.3% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,887,600 shares of the company’s stock after selling 25,454 shares during the quarter. GE Aerospace accounts for 0.5% of Rhumbline Advisers’ investment portfolio, making the stock its 26th largest holding. Rhumbline Advisers owned about 0.18% of GE Aerospace worth $567,828,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. REAP Financial Group LLC bought a new stake in shares of GE Aerospace during the third quarter valued at approximately $25,000. Marquette Asset Management LLC purchased a new stake in shares of GE Aerospace during the third quarter valued at approximately $26,000. Barnes Dennig Private Wealth Management LLC grew its position in GE Aerospace by 147.2% during the third quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after buying an additional 53 shares during the period. Bare Financial Services Inc grew its holdings in GE Aerospace by 81.1% during the second quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock valued at $25,000 after purchasing an additional 43 shares during the period. Finally, Roble Belko & Company Inc lifted its holdings in GE Aerospace by 98.1% during the third quarter. Roble Belko & Company Inc now owns 103 shares of the company’s stock valued at $31,000 after purchasing an additional 51 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, SVP Amy L. Gowder sold 4,000 shares of the company’s 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 completion of the sale, the senior vice president directly owned 16,535 shares in the company, valued at $5,055,245.55. This represents a 19.48% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. Also, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $306.47, for a total value of $9,305,348.61. Following the transaction, 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 disclosure for this sale is available in the SEC filing. Insiders sold a total of 45,398 shares of company stock valued at $13,837,171 in the last 90 days. Company insiders own 0.21% of the company’s stock.

GE Aerospace Price Performance

Shares of GE opened at $316.40 on Wednesday. The company has a market capitalization of $331.84 billion, a P/E ratio of 38.87, a price-to-earnings-growth ratio of 2.92 and a beta of 1.40. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. GE Aerospace has a twelve month low of $159.36 and a twelve month high of $332.79. The firm has a 50 day moving average of $307.98 and a 200 day moving average of $296.48.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The company had revenue of $11.90 billion during the quarter, compared to the consensus estimate of $11.27 billion. During the same period last year, the company earned $1.32 EPS. GE Aerospace’s revenue for the quarter was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts anticipate that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Stockholders of record on Monday, March 9th will be given a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Monday, March 9th. This is an increase from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s payout ratio is currently 17.69%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on GE shares. BNP Paribas Exane decreased their price objective on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a research note on Friday, January 23rd. Citigroup reaffirmed a “buy” rating and issued a $380.00 price objective (up previously from $378.00) on shares of GE Aerospace in a research note on Friday, January 23rd. JPMorgan Chase & Co. boosted their price objective on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research report on Monday, January 26th. Zacks Research upgraded GE Aerospace from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, The Goldman Sachs Group lifted their target price on shares of GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. One investment 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $319.00.

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.