Harold Davidson & Associates Inc. Has $6.39 Million Position in GE Aerospace $GE

Harold Davidson & Associates Inc. boosted its position in shares of GE Aerospace (NYSE:GE) by 52.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 21,249 shares of the company’s stock after buying an additional 7,328 shares during the period. GE Aerospace makes up approximately 2.9% of Harold Davidson & Associates Inc.’s investment portfolio, making the stock its 7th largest position. Harold Davidson & Associates Inc.’s holdings in GE Aerospace were worth $6,392,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in GE. Norges Bank bought a new stake in GE Aerospace during the second quarter worth $3,408,828,000. Jennison Associates LLC raised its stake in GE Aerospace by 21.5% during the third 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. Vanguard Group Inc. boosted its stake in shares of GE Aerospace by 1.6% in the 2nd quarter. Vanguard Group Inc. now owns 91,989,511 shares of the company’s stock valued at $23,677,180,000 after purchasing an additional 1,482,069 shares in the last quarter. Lazard Asset Management LLC grew its holdings in shares of GE Aerospace by 4,253.7% during the 2nd quarter. Lazard Asset Management LLC now owns 796,422 shares of the company’s stock valued at $204,991,000 after purchasing an additional 778,129 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in GE Aerospace by 3.1% during the 2nd quarter. Geode Capital Management LLC now owns 24,113,967 shares of the company’s stock worth $6,181,956,000 after purchasing an additional 724,559 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $329.52 on Thursday. The company has a market cap of $345.60 billion, a P/E ratio of 40.48, a PEG ratio of 3.02 and a beta of 1.40. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The business has a 50-day moving average price of $311.87 and a two-hundred day moving average price of $298.32. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $332.79.

GE Aerospace (NYSE:GE) last released its earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. The business 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%.The firm’s revenue was up 17.6% on a year-over-year basis. During the same quarter last 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, 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 given a dividend of $0.47 per share. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Monday, March 9th. This is a boost from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s dividend payout ratio is presently 17.69%.

Insider Buying and Selling

In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of the firm’s stock in a transaction 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 sale, the senior vice president directly owned 150,434 shares in the company, valued at approximately $46,103,507.98. This trade represents a 16.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Robert M. Giglietti sold 3,035 shares of GE Aerospace stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the sale, the vice president directly owned 10,583 shares of the company’s stock, valued at approximately $3,233,212.33. This trade represents 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 valued at $11,455,491 over the last ninety days. 0.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

GE has been the topic of a number of research reports. Wolfe Research boosted their target price on shares of GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research note on Monday, January 12th. BNP Paribas Exane dropped their target price on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating for the company in a research report on Friday, January 23rd. Sanford C. Bernstein restated an “outperform” rating on shares of GE Aerospace in a report on Monday, October 27th. Wall Street Zen upgraded shares of GE Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, January 24th. Finally, Zacks Research upgraded shares of GE Aerospace from a “hold” rating to a “strong-buy” rating in a report on Tuesday, January 27th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, one has given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $323.31.

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.