Korea Investment CORP Has $267.86 Million Stock Holdings in GE Aerospace $GE

Korea Investment CORP reduced its stake in GE Aerospace (NYSE:GE) by 18.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 716,707 shares of the company’s stock after selling 158,293 shares during the period. Korea Investment CORP’s holdings in GE Aerospace were worth $267,855,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in GE. Allworth Financial LP raised its stake in shares of GE Aerospace by 7.6% in the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after purchasing an additional 5,434 shares during the last quarter. NewEdge Wealth LLC lifted its position in shares of GE Aerospace by 92.2% during the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after purchasing an additional 9,663 shares in the last quarter. CenterBook Partners LP boosted its holdings in GE Aerospace by 892.6% during the fourth quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock worth $15,336,000 after purchasing an additional 44,772 shares during the last quarter. Clough Capital Partners L P increased its stake in GE Aerospace by 37.1% in the 1st quarter. Clough Capital Partners L P now owns 70,535 shares of the company’s stock valued at $20,016,000 after buying an additional 19,105 shares during the last quarter. Finally, Ascentis Independent Advisors increased its stake in GE Aerospace by 207.3% in the 1st quarter. Ascentis Independent Advisors now owns 4,317 shares of the company’s stock valued at $1,225,000 after buying an additional 2,912 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Insider Buying and Selling at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of the business’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $353.71, for a total value of $2,863,636.16. Following the sale, the senior vice president owned 20,666 shares of the company’s stock, valued at $7,309,770.86. The trade was a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.19% of the stock is owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on GE shares. Weiss Ratings upgraded GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, July 17th. The Goldman Sachs Group reiterated a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Royal Bank Of Canada reissued an “outperform” rating and issued a $400.00 price objective (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. BNP Paribas Exane decreased their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Finally, JPMorgan Chase & Co. lifted their target price on GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a research note on Monday, July 20th. Sixteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $390.59.

GE Aerospace Price Performance

GE Aerospace stock opened at $348.85 on Friday. The company has a market cap of $361.95 billion, a price-to-earnings ratio of 41.09, a PEG ratio of 2.52 and a beta of 1.36. The business’s 50 day simple moving average is $361.10 and its 200 day simple moving average is $326.84. 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 $266.37 and a 12 month high of $388.84.

GE Aerospace (NYSE:GE) last posted its quarterly earnings results 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. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter in the prior year, the company earned $1.66 EPS. The firm’s quarterly revenue was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Sell-side analysts forecast that GE Aerospace will post 7.91 EPS for the current year.

GE Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, July 27th. Shareholders 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 (DPR) is currently 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.