Empowered Funds LLC Increases Holdings in GE Aerospace $GE

Empowered Funds LLC grew its stake in GE Aerospace (NYSE:GE) by 70.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 176,354 shares of the company’s stock after acquiring an additional 72,816 shares during the quarter. Empowered Funds LLC’s holdings in GE Aerospace were worth $50,044,000 at the end of the most recent quarter.

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

Analysts Set New Price Targets

GE has been the subject of several analyst reports. Sanford C. Bernstein set a $421.00 price target on shares of GE Aerospace and gave the company an “outperform” rating in a research report on Thursday. President Capital lowered their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. Weiss Ratings raised GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. Finally, Citigroup restated a “buy” rating and issued a $431.00 price target (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. Sixteen investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $390.59.

GE Aerospace Trading Up 2.3%

Shares of GE stock opened at $361.79 on Tuesday. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. GE Aerospace has a 12-month low of $261.71 and a 12-month high of $382.97. The stock has a market capitalization of $375.37 billion, a P/E ratio of 42.61, a P/E/G ratio of 2.70 and a beta of 1.35. The firm’s 50 day moving average is $343.02 and its 200 day moving average is $319.88.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. The firm had revenue of $12.63 billion for 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%.The company’s revenue was up 21.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

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

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.