Legacy Capital Group California Inc. Cuts Stock Position in GE Aerospace $GE

Legacy Capital Group California Inc. lessened its position in shares of GE Aerospace (NYSE:GE) by 81.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,378 shares of the company’s stock after selling 6,112 shares during the quarter. Legacy Capital Group California Inc.’s holdings in GE Aerospace were worth $391,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the company. Blueline Advisors LLC acquired a new position in shares of GE Aerospace during the fourth quarter worth $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the 4th quarter worth $31,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the 4th quarter worth $32,000. Lifetime Wealth Management P.C. purchased a new position in GE Aerospace during the 4th quarter worth $40,000. Finally, Beaird Harris Wealth Management LLC grew its stake in GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after buying an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE opened at $353.21 on Wednesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The stock has a 50-day moving average of $333.33 and a two-hundred day moving average of $317.78. The stock has a market cap of $368.52 billion, a P/E ratio of 43.50, a P/E/G ratio of 3.13 and a beta of 1.35. GE Aerospace has a one year low of $254.66 and a one year high of $382.97.

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

GE Aerospace Dividend Announcement

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

Key GE Aerospace News

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

• Positive Sentiment: Analysts expect GE Aerospace to report another solid quarter, with demand staying strong in commercial aviation and defense, which could reinforce the company’s growth story if results meet or beat expectations. Q2 Results for GE Aerospace Are Set to Be Strong, But a High Valuation Could Cap the Rally in GE Stock
• Positive Sentiment: GE Aerospace’s long-term rally remains supported by robust orders and broader aerospace outperformance, helping keep investor sentiment constructive ahead of earnings. Missed GE’s Aerospace Rally? XLI Holders Made More Money
• Positive Sentiment: HAL’s receipt of another GE engine for Tejas Mk1A fighters suggests continued demand and progress on aerospace engine deliveries, a small but supportive signal for GE’s defense-related business. HAL receives seventh GE engine for Tejas Mk-1A fighters
• Neutral Sentiment: Several previews ahead of earnings highlight expected EPS of about $1.86 on revenue near $11.9 billion, signaling that investors are focused on whether GE can justify its premium valuation. Is GE Aerospace Stock Worth Buying Ahead of Q2 Earnings Release?
• Neutral Sentiment: Options activity in GE HealthCare and broader aerospace/defense commentary may reflect sector trading interest, but it does not directly change the near-term outlook for GE Aerospace. Do Options Traders Know Something About GE HealthCare Stock We Don’t?
• Negative Sentiment: Multiple reports warn that GE Aerospace’s rich valuation could limit further upside unless upcoming earnings provide a clear beat and upbeat guidance. GE Aerospace stock faces valuation concerns as earnings loom

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on the company. Jefferies Financial Group increased their price target on GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Royal Bank Of Canada restated an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a research note on Wednesday, May 20th. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective on the stock. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price objective for the company. Finally, Morgan Stanley lowered their target price on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and an average target price of $363.11.

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.