Advisors Asset Management Inc. Raises Stock Holdings in GE Aerospace $GE

Advisors Asset Management Inc. raised its stake in GE Aerospace (NYSE:GE) by 21.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 39,217 shares of the company’s stock after purchasing an additional 7,030 shares during the period. Advisors Asset Management Inc.’s holdings in GE Aerospace were worth $11,797,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also added to or reduced their stakes in the company. Signet Investment Advisory Group Inc. lifted its position in shares of GE Aerospace by 36.9% during the third quarter. Signet Investment Advisory Group Inc. now owns 1,520 shares of the company’s stock valued at $457,000 after buying an additional 410 shares during the last quarter. Stratos Wealth Partners LTD. raised its stake in shares of GE Aerospace by 21.2% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 21,853 shares of the company’s stock worth $6,574,000 after acquiring an additional 3,820 shares in the last quarter. Stratos Wealth Advisors LLC lifted its position in GE Aerospace by 7.6% during the third quarter. Stratos Wealth Advisors LLC now owns 5,764 shares of the company’s stock valued at $1,734,000 after acquiring an additional 405 shares during the last quarter. Stratos Investment Management LLC boosted its stake in GE Aerospace by 11.3% in the third quarter. Stratos Investment Management LLC now owns 2,252 shares of the company’s stock valued at $678,000 after acquiring an additional 228 shares in the last quarter. Finally, BlueChip Wealth Advisors LLC purchased a new position in GE Aerospace in the third quarter worth $210,000. 74.77% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the company. The Goldman Sachs Group increased their price objective on GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Deutsche Bank Aktiengesellschaft upped their target price on GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. raised their price target on GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Zacks Research upgraded shares of GE Aerospace from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. Finally, Susquehanna reaffirmed a “positive” rating and issued a $380.00 price objective on shares of GE Aerospace in a research report on Thursday, January 15th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $319.00.

GE Aerospace Stock Down 0.1%

NYSE:GE opened at $316.40 on Wednesday. The firm has a market capitalization of $331.84 billion, a P/E ratio of 38.87, a PEG ratio of 2.92 and a beta of 1.40. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $332.79. The company’s fifty day moving average price is $307.98 and its 200-day moving average price is $296.48. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74.

GE Aerospace (NYSE:GE) last posted its earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.43 by $0.14. The company 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 firm’s quarterly revenue was up 17.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.32 earnings per share. 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 EPS for the current year.

GE Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.6%. This is a positive change 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 is 17.69%.

Insider Buying and Selling

In related news, SVP Amy L. Gowder sold 4,000 shares of GE Aerospace stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $305.73, for a total transaction of $1,222,920.00. Following the completion of the transaction, 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. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Russell Stokes sold 30,363 shares of the business’s stock in a transaction that occurred on 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 completion of the transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at $46,103,507.98. The trade was a 16.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 45,398 shares of company stock valued at $13,837,171 over the last ninety days. Company 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.