Wedmont Private Capital Purchases 3,504 Shares of GE Aerospace $GE

Wedmont Private Capital raised its holdings in GE Aerospace (NYSE:GE) by 18.1% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 22,826 shares of the company’s stock after acquiring an additional 3,504 shares during the quarter. Wedmont Private Capital’s holdings in GE Aerospace were worth $6,976,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in GE. Paladin Partners LLC bought a new position in shares of GE Aerospace during the 2nd quarter valued at $38,000. Parvin Asset Management LLC bought a new stake in GE Aerospace in the second quarter worth $41,000. Markowski Investments bought a new stake in GE Aerospace in the second quarter worth $46,000. Burkett Financial Services LLC increased its position in GE Aerospace by 28.9% during the second quarter. Burkett Financial Services LLC now owns 125 shares of the company’s stock worth $47,000 after buying an additional 28 shares during the last quarter. Finally, Lifetime Wealth Management P.C. bought a new position in GE Aerospace during the fourth quarter valued at about $40,000. 74.77% of the stock is owned by institutional investors.

GE Aerospace Stock Performance

GE traded up $1.27 during midday trading on Friday, reaching $306.89. The company’s stock had a trading volume of 1,315,693 shares, compared to its average volume of 5,102,530. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. The company has a fifty day simple moving average of $337.31 and a 200 day simple moving average of $327.64. The stock has a market cap of $318.42 billion, a P/E ratio of 36.10, a PEG ratio of 2.22 and a beta of 1.38. GE Aerospace has a twelve month low of $268.91 and a twelve month high of $388.84.

GE Aerospace (NYSE:GE) last issued its quarterly 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 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 analyst estimates of $11.87 billion. During the same period in the previous year, the company earned $1.66 earnings per share. The company’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. Research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Investors of record on Monday, October 5th will be paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.6%. The ex-dividend date is Monday, October 5th. GE Aerospace’s dividend payout ratio is presently 22.14%.

More GE Aerospace News

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

• Positive Sentiment: Engine demand and earnings outlook remain supportive. A Zacks analysis points to robust engine demand, rising earnings estimates and strong projected cash flow as reasons the recent pullback could represent a buying opportunity. GE’s latest reported quarter also exceeded consensus expectations for both earnings and revenue, providing a favorable fundamental backdrop. GE Aerospace Down 15% in 3 Months: Is This a Buying Opportunity?
• Positive Sentiment: New program and production activity reinforce aerospace prospects. GE Aerospace highlighted a milestone in its GEK800 turbofan program with Kratos and shipped four additional F404 engines for India’s Tejas fighter jets. These developments support the company’s defense and propulsion pipeline. GEK800 Turbofan Program Milestone
• Positive Sentiment: Analyst and institutional support offer incremental encouragement. Susquehanna maintained its Buy rating, while Congress Asset Management purchased 7,007 shares. The purchases are relatively small but may signal continued confidence in GE’s long-term outlook. Susquehanna Buy Rating
• Neutral Sentiment: GE plans to invest $225 million to modernize a research center and its foundation is committing $1 million to aerospace workforce training in Alabama. The investments could improve long-term innovation and labor availability but are unlikely to materially affect near-term results. Research Center Investment
• Negative Sentiment: Commercial aerospace aftermarket weakness is weighing on sentiment. An investment manager cited a broad sell-off in commercial aerospace aftermarket stocks, a concern because GE depends heavily on engine services and aftermarket revenue. Commercial Aerospace Aftermarket Sell-Off
• Negative Sentiment: Technical and valuation concerns are pressuring the stock. Reports describe GE as being in a bear market and nearing a “death cross,” while investors await the company’s October 20 results. A high valuation increases the risk of further selling if guidance or results disappoint. GE Aerospace Bear Market Analysis
• Negative Sentiment: A regulatory referral creates an additional overhang. Authorities referred GE over alleged anticompetitive restrictions involving servicing of medical-imaging equipment. The matter appears related to GE’s healthcare operations rather than its core aerospace business, but it could still create legal, reputational or financial risks associated with the broader GE organization. Competition Tribunal Referral

Insiders Place Their Bets

In other GE Aerospace 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 value 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 transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.19% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

GE has been the subject of a number of analyst reports. JPMorgan Chase & Co. boosted their price target on GE Aerospace from $335.00 to $400.00 and gave the stock an “overweight” rating in a research report on Monday, July 20th. Jefferies Financial Group set a $435.00 price objective on GE Aerospace and gave the company a “buy” rating in a research note on Wednesday, September 23rd. Royal Bank Of Canada restated an “outperform” rating and issued a $400.00 target price (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. UBS Group increased their price target on GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a report on Friday, July 17th. Finally, Susquehanna restated a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research note on Thursday, July 9th. Sixteen research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average price target of $386.67.

About GE Aerospace

GE Aerospace is an aerospace and defense company that designs, develops, manufactures and services aircraft engines and integrated systems. Its products support commercial and business aviation, military aircraft, and other specialized aerospace applications.

The company’s offerings include commercial and military jet engines, propulsion systems, avionics, electrical power systems, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul and other lifecycle services intended to support the operation and performance of aircraft and engines.

GE Aerospace serves airlines, aircraft manufacturers, leasing companies, defense organizations and other customers worldwide.