Stock Yards Bank & Trust Co. Boosts Stock Position in GE Aerospace $GE

Stock Yards Bank & Trust Co. increased its holdings in GE Aerospace (NYSE:GE) by 50.8% during the 1st quarter, Holdings Channel reports. The firm owned 17,155 shares of the company’s stock after buying an additional 5,777 shares during the period. Stock Yards Bank & Trust Co.’s holdings in GE Aerospace were worth $4,868,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of GE. Blueline Advisors LLC purchased a new stake in GE Aerospace in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $32,000. Lifetime Wealth Management P.C. bought a new position in shares of GE Aerospace during the fourth quarter valued at approximately $40,000. Finally, Legacy Bridge LLC raised its holdings in shares of GE Aerospace by 3,375.0% during the fourth quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock valued at $43,000 after acquiring an additional 135 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Key GE Aerospace News

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace was cited as benefiting from stronger engine demand, reinforcing the view that order and aftermarket momentum remain solid. GE Aerospace Gains on Engine Demand
• Positive Sentiment: Multiple articles said GE Aerospace looks positioned to beat earnings estimates again, which supports the stock’s upside narrative heading into results. Why GE (GE) is Poised to Beat Earnings Estimates Again
• Positive Sentiment: Investors are focused on the July 16 earnings report, with commentary suggesting aviation tailwinds remain intact and could keep sentiment constructive. Dear GE Aerospace Stock Fans, Mark Your Calendars for July 16
• Positive Sentiment: GE Aerospace completed a ground test of a megawatt-class hybrid electric engine system, showing progress in next-generation propulsion technology. GE Aerospace completes ground test of megawatt-class hybrid electric engine system
• Neutral Sentiment: One article compared GE Aerospace with Textron, framing GE as a strong aerospace and defense name but not introducing a clear new catalyst. GE Aerospace vs. Textron: Which Aerospace & Defense Stock Has Greater Upside?
• Neutral Sentiment: A separate opinion piece argued GE Aerospace’s defense fundamentals may not justify its premium valuation, which is more of a debate over pricing than a direct business concern. The Great Disconnect: Why GE Aerospace’s Defense Fundamentals Don’t Justify A $369 Price Tag

Analysts Set New Price Targets

A number of brokerages recently commented on GE. TD Cowen dropped their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Citigroup reaffirmed a “buy” rating and issued a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. President Capital reduced their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Finally, Weiss Ratings downgraded shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $352.56.

GE Aerospace Price Performance

Shares of GE stock opened at $374.53 on Thursday. The business’s fifty day moving average is $319.00 and its 200 day moving average is $314.03. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market cap of $390.76 billion, a price-to-earnings ratio of 46.12, a PEG ratio of 3.31 and a beta of 1.35. GE Aerospace has a twelve month low of $243.34 and a twelve month high of $379.67.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts expect that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s payout ratio is presently 23.15%.

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.