11,339 Shares in GE Aerospace $GE Acquired by Arvest Bank Trust Division

Arvest Bank Trust Division bought a new stake in GE Aerospace (NYSE:GEFree Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 11,339 shares of the company’s stock, valued at approximately $3,411,000.

A number of other large investors have also recently bought and sold shares of GE. Brighton Jones LLC boosted its stake in shares of GE Aerospace by 25.3% during the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after purchasing an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in shares of GE Aerospace by 7.1% during the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock valued at $375,000 after buying an additional 150 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of GE Aerospace by 4.6% during the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after buying an additional 191 shares during the period. Sigma Investment Counselors Inc. acquired a new stake in GE Aerospace during the second quarter worth approximately $211,000. Finally, Chicago Partners Investment Group LLC grew its stake in GE Aerospace by 9.4% in the 2nd quarter. Chicago Partners Investment Group LLC now owns 18,336 shares of the company’s stock worth $4,826,000 after acquiring an additional 1,576 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

Insiders Place Their Bets

In related news, SVP Amy L. Gowder sold 4,000 shares of the business’s stock in a transaction dated 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 transaction, the senior vice president owned 16,535 shares in the company, valued at approximately $5,055,245.55. The trade was a 19.48% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, SVP Russell Stokes sold 30,363 shares of the firm’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 sale, the senior vice president owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. This trade represents a 16.79% 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 in the last quarter. 0.21% of the stock is owned by corporate insiders.

GE Aerospace Stock Performance

Shares of NYSE:GE opened at $315.24 on Tuesday. The business’s 50-day simple moving average is $310.11 and its 200 day simple moving average is $297.70. The company has a market cap of $330.63 billion, a P/E ratio of 38.73, a PEG ratio of 2.91 and a beta of 1.40. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.04. GE Aerospace has a one year low of $159.36 and a one year high of $332.79.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings results on Thursday, January 22nd. The company reported $1.57 earnings per share for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. The firm had revenue of $11.90 billion during 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%.GE Aerospace’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.32 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, sell-side analysts forecast that GE Aerospace will post 5.4 earnings per share for the current fiscal year.

GE Aerospace Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be paid a dividend of $0.47 per share. 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. This represents a $1.88 annualized dividend and a yield of 0.6%. GE Aerospace’s payout ratio is presently 17.69%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on GE shares. Zacks Research raised GE Aerospace from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, January 27th. Wolfe Research upped their price objective on shares of GE Aerospace from $340.00 to $360.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. UBS Group set a $374.00 price target on shares of GE Aerospace and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, JPMorgan Chase & Co. lifted their price target on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, January 26th. One 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $319.00.

View Our Latest Stock Analysis on GE

About GE Aerospace

(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.

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

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