Rheos Capital Works Inc. Purchases New Position in GE Aerospace $GE

Rheos Capital Works Inc. purchased a new stake in GE Aerospace (NYSE:GE) in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 15,000 shares of the company’s stock, valued at approximately $4,620,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. SJS Investment Consulting Inc. lifted its position in GE Aerospace by 10.2% in the fourth quarter. SJS Investment Consulting Inc. now owns 1,117 shares of the company’s stock valued at $344,000 after acquiring an additional 103 shares during the last quarter. Apella Capital LLC lifted its position in GE Aerospace by 5.1% in the fourth quarter. Apella Capital LLC now owns 5,083 shares of the company’s stock valued at $1,566,000 after acquiring an additional 248 shares during the last quarter. Aaron Wealth Advisors LLC lifted its position in GE Aerospace by 17.8% in the fourth quarter. Aaron Wealth Advisors LLC now owns 15,757 shares of the company’s stock valued at $4,854,000 after acquiring an additional 2,384 shares during the last quarter. Flagship Harbor Advisors LLC lifted its position in GE Aerospace by 0.8% in the fourth quarter. Flagship Harbor Advisors LLC now owns 11,590 shares of the company’s stock valued at $3,570,000 after acquiring an additional 94 shares during the last quarter. Finally, Avantra Family Wealth Inc. increased its stake in GE Aerospace by 1.7% in the fourth quarter. Avantra Family Wealth Inc. now owns 2,970 shares of the company’s stock valued at $915,000 after purchasing an additional 51 shares during the period. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace Stock Up 2.7%

GE Aerospace stock opened at $288.62 on Tuesday. The company has a debt-to-equity ratio of 1.00, a current ratio of 1.04 and a quick ratio of 0.74. GE Aerospace has a fifty-two week low of $159.36 and a fifty-two week high of $348.48. The company’s 50 day simple moving average is $311.31 and its 200 day simple moving average is $306.66. The firm has a market capitalization of $302.71 billion, a price-to-earnings ratio of 35.46, a PEG ratio of 2.60 and a beta of 1.43.

GE Aerospace (NYSE:GE) last announced 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. GE Aerospace had a net margin of 18.98% and a return on equity of 35.52%. The firm had revenue of $11.90 billion for the quarter, compared to analyst estimates of $11.27 billion. During the same quarter in the previous year, the firm posted $1.32 earnings per share. The business’s revenue was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts anticipate that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Investors of record on Monday, March 9th will be issued a dividend of $0.47 per share. The ex-dividend date is Monday, March 9th. This is a positive change from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 dividend on an annualized basis and a yield of 0.7%. GE Aerospace’s dividend payout ratio is presently 23.10%.

Analysts Set New Price Targets

A number of research firms have commented on GE. Wall Street Zen upgraded shares of GE Aerospace from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. The Goldman Sachs Group lifted their price objective on shares of GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. Wells Fargo & Company began coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price objective on the stock. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, Morgan Stanley began coverage on shares of GE Aerospace in a research note on Friday, February 20th. They issued an “overweight” rating and a $425.00 price objective on the stock. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $343.89.

Insiders Place Their Bets

In other GE Aerospace news, SVP Amy L. Gowder sold 4,000 shares of GE Aerospace stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $305.73, for a total transaction of $1,222,920.00. Following the completion of the transaction, 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 ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, VP Robert M. Giglietti sold 3,035 shares of the business’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 completion of the sale, the vice president directly owned 10,583 shares of the company’s stock, valued at approximately $3,233,212.33. The trade was a 22.29% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 37,398 shares of company stock valued at $11,455,491 over the last ninety days. 0.19% of the stock is currently owned by company insiders.

GE Aerospace 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.