Jupiter Topco LLC Takes Position in GE Aerospace $GE

Jupiter Topco LLC acquired a new stake in shares of GE Aerospace (NYSE:GE) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 3,435,406 shares of the company’s stock, valued at approximately $1,283,858,000.

Several other large investors also recently bought and sold shares of GE. Blueline Advisors LLC bought a new position in GE Aerospace during the 4th quarter valued at about $25,000. Ankerstar Wealth LLC bought a new stake in shares of GE Aerospace in the fourth quarter worth 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. Paladin Partners LLC purchased a new position in shares of GE Aerospace during the second quarter valued at approximately $38,000. Finally, Lifetime Wealth Management P.C. bought a new position in GE Aerospace during the fourth quarter valued at approximately $40,000. 74.77% of the stock is currently owned by institutional investors.

Insider Activity

In other news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $353.71, for a total transaction of $2,863,636.16. Following the sale, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. This trade represents a 28.15% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.19% of the stock is currently owned by company insiders.

GE Aerospace Stock Up 2.3%

NYSE GE opened at $349.68 on Wednesday. The stock’s 50-day moving average price is $361.04 and its 200-day moving average price is $327.48. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a 52 week low of $267.42 and a 52 week high of $388.84. The company has a market capitalization of $362.81 billion, a P/E ratio of 41.19, a price-to-earnings-growth ratio of 2.50 and a beta of 1.36.

GE Aerospace (NYSE:GE) last released its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion for the quarter, compared to analysts’ expectations of $11.87 billion. During the same quarter last year, the business earned $1.66 EPS. The firm’s 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. On average, equities research analysts predict that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

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

Wall Street Analysts Forecast Growth

GE has been the topic of several research analyst reports. The Goldman Sachs Group reissued a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Wells Fargo & Company reissued an “overweight” rating and issued a $390.00 target price on shares of GE Aerospace in a report on Monday, July 20th. TD Cowen restated a “buy” rating and set a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday, July 15th. Finally, Susquehanna reissued a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. Sixteen investment analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $390.59.

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.