Dupree Financial Group LLC Acquires New Holdings in GE Aerospace $GE

Dupree Financial Group LLC bought a new stake in GE Aerospace (NYSE:GE – Free Report) in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 2,006 shares of the company’s stock, valued at approximately $627,000.

A number of other large investors also recently added to or reduced their stakes in GE. Auto Owners Insurance Co grew its stake in shares of GE Aerospace by 52,247.5% in the fourth quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after buying an additional 65,595,733 shares in the last quarter. State Street Corp boosted its holdings in GE Aerospace by 2.6% during the 2nd quarter. State Street Corp now owns 46,497,628 shares of the company’s stock valued at $17,377,559,000 after acquiring an additional 1,160,584 shares during the period. Jennison Associates LLC grew its position in GE Aerospace by 37.7% in the 1st quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock valued at $3,128,850,000 after acquiring an additional 3,017,937 shares in the last quarter. Invesco Ltd. grew its position in GE Aerospace by 2.1% in the 4th quarter. Invesco Ltd. now owns 9,280,276 shares of the company’s stock valued at $2,858,604,000 after acquiring an additional 189,979 shares in the last quarter. Finally, Bank of America Corp DE increased its stake in GE Aerospace by 10.0% during the first quarter. Bank of America Corp DE now owns 7,664,679 shares of the company’s stock worth $2,175,006,000 after purchasing an additional 695,731 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at GE Aerospace

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

GE Aerospace Trading Up 0.8%

Shares of GE Aerospace stock opened at $308.08 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. The company has a market capitalization of $319.65 billion, a P/E ratio of 36.29, a PEG ratio of 2.23 and a beta of 1.38. GE Aerospace has a 1 year low of $268.91 and a 1 year high of $388.84. The company’s fifty day moving average is $336.24 and its two-hundred day moving average is $327.50.

GE Aerospace (NYSE:GE – Get Free Report) last announced its earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating 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 business had revenue of $12.63 billion during the quarter, compared to analysts’ expectations of $11.87 billion. During the same period in the prior year, the company earned $1.66 earnings per share. The business’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. Analysts forecast that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Announces Dividend

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

Key GE Aerospace News

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

  • Positive Sentiment: GE Aerospace continues to benefit from strong aircraft-engine demand, improving earnings estimates and expectations for robust free cash flow. One analysis describes the stock’s recent decline as a potential buying opportunity, which may be supporting investor interest. GE Aerospace Down 15% in 3 Months: Is This a Buying Opportunity?
  • Positive Sentiment: Susquehanna maintained its Buy rating, reinforcing the view that GE’s long-term aerospace growth prospects remain attractive despite the pullback. Susquehanna Sticks to Its Buy Rating for GE Aerospace
  • Positive Sentiment: The company highlighted a milestone in its GEK800 turbofan program with Kratos, while also investing $225 million to modernize a research center. These initiatives could strengthen future product development and defense-related opportunities. GE Aerospace Highlights GEK800 Turbofan Program Milestone with Kratos
  • Positive Sentiment: GE Aerospace shipped four additional F404 engines for India’s Tejas fighter jets, signaling continued defense-program execution and international demand. GE Aerospace Ships Four More Engines for Tejas Jets
  • Neutral Sentiment: Congress Asset Management purchased 7,007 GE Aerospace shares. The transaction provides a modest institutional-confidence signal but is unlikely to materially affect the stock.
  • Negative Sentiment: A broad sell-off in commercial aerospace aftermarket stocks is weighing on GE, reflecting concerns about sector valuations and potentially softer near-term aftermarket sentiment. Broad Commercial Aerospace Aftermarket Sell-Off Weighs on GE Aerospace
  • Negative Sentiment: GE shares remain well below their recent high, with technical analysts warning that a “death cross” could reinforce bearish momentum and valuation concerns ahead of the company’s October 20 results. GE Aerospace Stock Is Stuck in a Bear Market as a Death Cross Nears
  • Negative Sentiment: A competition-regulator referral involving alleged restrictions on independent servicing of medical-imaging equipment adds a regulatory overhang, although the matter appears more closely related to GE’s former healthcare operations than to GE Aerospace.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on GE shares. Sanford C. Bernstein reissued an “outperform” rating on shares of GE Aerospace in a research note on Wednesday, September 9th. Wells Fargo & Company decreased their price target on shares of GE Aerospace from $390.00 to $380.00 and set an “overweight” rating for the company in a research report on Wednesday, September 30th. TD Cowen reiterated a “buy” rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. The Goldman Sachs Group reissued a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a research note on Monday, July 20th. Finally, Melius Research set a $350.00 price target on GE Aerospace and gave the company a “hold” rating in a research report on Monday, September 14th. Sixteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average price target of $386.67.

Get Our Latest Research Report on GE Aerospace

GE Aerospace Company Profile

(Free Report)

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.

Further Reading

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

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