James Investment Research Inc. Boosts Stock Position in GE Aerospace $GE

James Investment Research Inc. boosted its position in shares of GE Aerospace (NYSE:GEFree Report) by 37.8% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,982 shares of the company’s stock after acquiring an additional 3,012 shares during the period. James Investment Research Inc.’s holdings in GE Aerospace were worth $3,304,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Bare Financial Services Inc grew its stake 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 acquiring an additional 43 shares in the last quarter. Marquette Asset Management LLC bought a new position in shares of GE Aerospace during the 3rd quarter valued at approximately $26,000. Lavaca Capital LLC increased its position in GE Aerospace by 1,666.7% in the second quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock worth $27,000 after purchasing an additional 100 shares during the last quarter. Barnes Dennig Private Wealth Management LLC lifted 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 purchasing an additional 53 shares during the last quarter. Finally, IMG Wealth Management Inc. increased its holdings in shares of GE Aerospace by 113.5% in the 2nd quarter. IMG Wealth Management Inc. now owns 111 shares of the company’s stock worth $29,000 after buying an additional 59 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of GE Aerospace stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the transaction, the senior vice president directly owned 150,434 shares of the company’s stock, valued at approximately $44,785,706.14. The trade was a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.21% of the stock is currently owned by company insiders.

GE Aerospace Trading Down 0.4%

NYSE GE opened at $293.89 on Monday. GE Aerospace has a one year low of $159.36 and a one year high of $332.79. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.04. The company has a market capitalization of $310.00 billion, a price-to-earnings ratio of 36.10, a price-to-earnings-growth ratio of 1.94 and a beta of 1.40. The company’s 50-day simple moving average is $305.09 and its two-hundred day simple moving average is $292.76.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The company had revenue of $12.72 billion during the quarter, compared to the consensus estimate of $11.27 billion. During the same quarter in the previous year, the firm posted $1.32 earnings per share. GE Aerospace’s revenue for the quarter was up 17.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts forecast that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 29th will be given a dividend of $0.36 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s dividend payout ratio is presently 17.69%.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on GE shares. Wolfe Research boosted their target price on GE Aerospace from $340.00 to $360.00 and gave the company an “outperform” rating in a research report on Monday, January 12th. Citigroup reiterated a “buy” rating and set a $380.00 price target (up from $378.00) on shares of GE Aerospace in a report on Friday. Bank of America boosted their target price on GE Aerospace from $310.00 to $365.00 and gave the company a “buy” rating in a research report on Monday, October 27th. TD Cowen upped their target price on GE Aerospace from $330.00 to $350.00 and gave the company a “buy” rating in a research note on Wednesday, January 14th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a research note on Friday. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $318.41.

Get Our Latest Stock Report on GE Aerospace

GE Aerospace Profile

(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.

See Also

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

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