Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its position in shares of GE Aerospace (NYSE:GE – Free Report) by 20.6% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,240 shares of the company’s stock after purchasing an additional 3,291 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in GE Aerospace were worth $5,926,000 at the end of the most recent quarter.
Other institutional investors have also recently added to or reduced their stakes in the company. State Street Corp boosted its position in GE Aerospace by 0.7% in the third quarter. State Street Corp now owns 44,577,642 shares of the company’s stock valued at $13,425,562,000 after buying an additional 308,730 shares in the last quarter. Capital World Investors raised its stake in shares of GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after acquiring an additional 2,995,054 shares during the last quarter. Northern Trust Corp raised its stake in shares of GE Aerospace by 1.8% in the third quarter. Northern Trust Corp now owns 10,296,945 shares of the company’s stock valued at $3,097,527,000 after acquiring an additional 181,316 shares during the last quarter. Jennison Associates LLC boosted its holdings in shares of GE Aerospace by 21.5% in the 3rd quarter. Jennison Associates LLC now owns 8,430,878 shares of the company’s stock worth $2,536,177,000 after acquiring an additional 1,494,541 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in shares of GE Aerospace by 8.1% in the 3rd quarter. Legal & General Group Plc now owns 6,465,804 shares of the company’s stock worth $1,945,043,000 after acquiring an additional 484,467 shares in the last quarter. 74.77% of the stock is owned by institutional investors.
GE Aerospace Stock Performance
Shares of GE Aerospace stock opened at $293.34 on Thursday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. The firm has a 50 day simple moving average of $311.98 and a 200 day simple moving average of $306.72. GE Aerospace has a fifty-two week low of $159.36 and a fifty-two week high of $348.48. The firm has a market cap of $307.66 billion, a P/E ratio of 36.04, a P/E/G ratio of 2.62 and a beta of 1.43.
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 issued a $0.47 dividend. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, March 9th. GE Aerospace’s dividend payout ratio (DPR) is 23.10%.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on GE shares. Citigroup dropped their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, January 22nd. Deutsche Bank Aktiengesellschaft increased their target price on GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. The Goldman Sachs Group raised their target price on GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Finally, Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Sixteen research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $343.89.
Read Our Latest Research Report on GE
GE Aerospace News Roundup
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: Large, growing backlog and stronger-than-expected results support revenue visibility and justify premium valuation — investors see persistent engine demand underpinning future cash flow. GE Aerospace Is Down 14% This Month While Its $190 Billion Backlog Keeps Growing
- Positive Sentiment: GE is ramping investments in MRO and manufacturing capacity to shorten turn times and meet heavy engine demand — a potential catalyst for margin expansion and faster revenue recognition. GE’s Investment in Manufacturing Capacity
- Positive Sentiment: Wells Fargo initiated/featured GE as an aero/defense pick and set an Overweight stance, signaling institutional buy-side support that can help the stock bid. GE, Boeing, and 3 More Aero and Defense Plays
- Positive Sentiment: GE expanded its global aviation supply-chain network and maintained industrial leadership in S&P 500 funds — enhancements to resiliency and index positioning can support demand for the stock. GE Aerospace Expands Global Aviation Supply Chain Network GE Aerospace Maintains Industrial Leadership In S&P 500 Fund
- Neutral Sentiment: Citigroup trimmed its price target to $353 but kept a Buy rating — reduces upside but leaves analyst support intact. Citigroup Adjusts GE Aerospace Price Target
- Neutral Sentiment: Daiwa initiated coverage with a Neutral rating and a $301 target, highlighting that strong fundamentals leave limited margin for error — contributes to mixed analyst signals. Wall Street Split on GE Aerospace as Daiwa Sets $301 Target
- Negative Sentiment: Broader market/geopolitical volatility (reports of conflict-related threats) has pressured aero/defense names and contributed to recent intra-month weakness — a risk to short-term sentiment. Shares Plummet Amid Geopolitical Headlines
Insider Activity at GE Aerospace
In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of the business’s stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the completion of the sale, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $46,103,507.98. The trade was a 16.79% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, VP Robert M. Giglietti sold 3,035 shares of the company’s stock in a transaction dated Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the transaction, the vice president owned 10,583 shares in the company, valued at approximately $3,233,212.33. The trade was a 22.29% 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 37,398 shares of company stock worth $11,455,491 over the last 90 days. Insiders own 0.19% 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.
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