GE Aerospace $GE Stake Boosted by Cibc World Market Inc.

Cibc World Market Inc. raised its position in shares of GE Aerospace (NYSE:GE) by 6.1% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 119,636 shares of the company’s stock after buying an additional 6,844 shares during the quarter. Cibc World Market Inc.’s holdings in GE Aerospace were worth $35,989,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in GE. Caprock Group LLC purchased a new stake in shares of GE Aerospace in the 3rd quarter valued at approximately $20,623,000. Krilogy Financial LLC raised its stake in GE Aerospace by 25.0% during the 3rd quarter. Krilogy Financial LLC now owns 30,412 shares of the company’s stock valued at $9,279,000 after purchasing an additional 6,077 shares during the period. Advisors Asset Management Inc. lifted its holdings in shares of GE Aerospace by 21.8% in the third quarter. Advisors Asset Management Inc. now owns 39,217 shares of the company’s stock valued at $11,797,000 after purchasing an additional 7,030 shares in the last quarter. Signet Investment Advisory Group Inc. lifted its holdings in shares of GE Aerospace by 36.9% in the third quarter. Signet Investment Advisory Group Inc. now owns 1,520 shares of the company’s stock valued at $457,000 after purchasing an additional 410 shares in the last quarter. Finally, Stratos Wealth Partners LTD. boosted its position in shares of GE Aerospace by 21.2% in the third quarter. Stratos Wealth Partners LTD. now owns 21,853 shares of the company’s stock worth $6,574,000 after buying an additional 3,820 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GE has been the topic of several recent analyst reports. BNP Paribas Exane dropped their price target on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a research report on Friday, January 23rd. Wolfe Research upped their target price on GE Aerospace from $340.00 to $360.00 and gave the company an “outperform” rating in a report on Monday, January 12th. Deutsche Bank Aktiengesellschaft raised their price target on shares of GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Bank of America upped their price objective on shares of GE Aerospace from $310.00 to $365.00 and gave the company a “buy” rating in a research note on Monday, October 27th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus price target of $319.00.

GE Aerospace Price Performance

NYSE GE opened at $313.83 on Thursday. The company has a quick ratio of 0.74, a current ratio of 1.04 and a debt-to-equity ratio of 1.00. The stock has a market capitalization of $329.15 billion, a PE ratio of 38.55, a price-to-earnings-growth ratio of 2.92 and a beta of 1.40. GE Aerospace has a 12-month low of $159.36 and a 12-month high of $332.79. The company has a 50 day moving average price of $308.49 and a two-hundred day moving average price of $296.60.

GE Aerospace (NYSE:GE) last released 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 business had revenue of $11.90 billion for 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%. GE Aerospace’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the firm earned $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts predict that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Stockholders of record on Monday, March 9th will be issued a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s payout ratio is currently 23.10%.

Insider Activity at GE Aerospace

In related news, VP Robert M. Giglietti sold 3,035 shares of the business’s stock in a transaction that occurred on Friday, January 30th. The stock was sold at an average price of $305.51, for a total value of $927,222.85. Following the completion of the sale, the vice president directly owned 10,583 shares in the company, valued at approximately $3,233,212.33. The trade was a 22.29% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, SVP Amy L. Gowder sold 4,000 shares of the company’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 sale, the senior vice president directly owned 16,535 shares of the company’s stock, valued at $5,055,245.55. The trade was a 19.48% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 45,398 shares of company stock valued at $13,837,171. Corporate insiders own 0.21% of the company’s stock.

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.