Bradley Foster & Sargent Inc. CT Has $83.69 Million Stock Position in GE Aerospace $GE

Bradley Foster & Sargent Inc. CT lifted its position in GE Aerospace (NYSE:GEFree Report) by 0.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 294,930 shares of the company’s stock after buying an additional 1,666 shares during the period. GE Aerospace comprises 1.3% of Bradley Foster & Sargent Inc. CT’s holdings, making the stock its 17th largest position. Bradley Foster & Sargent Inc. CT’s holdings in GE Aerospace were worth $83,692,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in GE. Lombard Odier Asset Management Switzerland SA acquired a new position in GE Aerospace in the first quarter valued at about $868,000. Windsor Advisory Group LLC bought a new stake in shares of GE Aerospace in the first quarter worth about $223,000. Waverly Advisors LLC raised its position in shares of GE Aerospace by 2.3% during the first quarter. Waverly Advisors LLC now owns 57,619 shares of the company’s stock worth $16,350,000 after purchasing an additional 1,280 shares during the period. Van Den Berg Management I Inc. acquired a new stake in shares of GE Aerospace during the first quarter worth about $222,000. Finally, Wealth Alliance LLC lifted its holdings in shares of GE Aerospace by 22.6% during the 1st quarter. Wealth Alliance LLC now owns 4,301 shares of the company’s stock valued at $1,221,000 after purchasing an additional 793 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Performance

GE opened at $353.71 on Friday. The company has a market capitalization of $367.00 billion, a price-to-earnings ratio of 41.66, a P/E/G ratio of 2.70 and a beta of 1.35. The business’s 50-day moving average price is $341.50 and its two-hundred day moving average price is $319.67. GE Aerospace has a 1 year low of $261.71 and a 1 year high of $382.97. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, topping the consensus estimate of $1.86 by $0.16. The company had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.GE Aerospace’s revenue for the quarter was up 21.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.66 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Equities analysts expect that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s dividend payout ratio is 22.14%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on GE shares. Wells Fargo & Company reiterated an “overweight” rating and issued a $390.00 price objective on shares of GE Aerospace in a research report on Monday, July 20th. Susquehanna restated a “positive” rating and set a $430.00 target price (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. President Capital dropped their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. JPMorgan Chase & Co. lifted their price target on shares of GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. Finally, Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Sixteen investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $386.88.

Read Our Latest Research Report on GE

GE Aerospace News Summary

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About GE Aerospace

(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.

Further Reading

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

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