Ontario Teachers Pension Plan Board Reduces Stock Holdings in GE Aerospace $GE

Ontario Teachers Pension Plan Board lessened its holdings in shares of GE Aerospace (NYSE:GE) by 18.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 353,284 shares of the company’s stock after selling 81,645 shares during the period. GE Aerospace makes up 2.2% of Ontario Teachers Pension Plan Board’s holdings, making the stock its 13th biggest position. Ontario Teachers Pension Plan Board’s holdings in GE Aerospace were worth $106,275,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Alpha Financial Partners LLC grew its position in GE Aerospace by 5.0% during the 3rd quarter. Alpha Financial Partners LLC now owns 1,227 shares of the company’s stock worth $369,000 after purchasing an additional 58 shares during the period. Cumberland Partners Ltd boosted its stake in shares of GE Aerospace by 10.5% in the third quarter. Cumberland Partners Ltd now owns 29,565 shares of the company’s stock worth $8,894,000 after buying an additional 2,800 shares during the last quarter. CFO4Life Group LLC boosted its stake in shares of GE Aerospace by 3.8% in the third quarter. CFO4Life Group LLC now owns 1,287 shares of the company’s stock worth $387,000 after buying an additional 47 shares during the last quarter. Harold Davidson & Associates Inc. grew its holdings in GE Aerospace by 52.6% during the third quarter. Harold Davidson & Associates Inc. now owns 21,249 shares of the company’s stock worth $6,392,000 after acquiring an additional 7,328 shares during the period. Finally, Keyvantage Wealth LLC purchased a new position in GE Aerospace during the third quarter valued at approximately $248,000. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace Trading Up 0.7%

Shares of GE stock opened at $329.52 on Thursday. GE Aerospace has a fifty-two week low of $159.36 and a fifty-two week high of $332.79. The company has a 50 day moving average price of $311.87 and a 200 day moving average price of $298.32. The stock has a market capitalization of $345.60 billion, a P/E ratio of 40.48, a price-to-earnings-growth ratio of 3.02 and a beta of 1.40. The company has a debt-to-equity ratio of 1.00, a quick ratio of 0.74 and a current ratio of 1.04.

GE Aerospace (NYSE:GE) last released its earnings results on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping the consensus estimate of $1.43 by $0.14. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The firm had revenue of $11.90 billion during the quarter, compared to analysts’ expectations of $11.27 billion. During the same period in the previous year, the firm posted $1.32 EPS. GE Aerospace’s revenue for the quarter was up 17.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts predict that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, April 27th. Stockholders of record on Monday, March 9th will be given a dividend of $0.47 per share. The ex-dividend date is Monday, March 9th. This represents a $1.88 annualized dividend and a dividend yield of 0.6%. This is a boost from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s payout ratio is presently 17.69%.

Insider Transactions at GE Aerospace

In other GE Aerospace news, VP Robert M. Giglietti sold 3,035 shares of the company’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total value of $927,222.85. Following the completion of the transaction, the vice president owned 10,583 shares in the company, valued at $3,233,212.33. This represents a 22.29% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Amy L. Gowder sold 4,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $305.73, for a total value of $1,222,920.00. Following the completion of the sale, the senior vice president directly owned 16,535 shares of the company’s stock, valued at approximately $5,055,245.55. This trade represents a 19.48% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 37,398 shares of company stock worth $11,455,491. 0.21% of the stock is currently owned by insiders.

Analyst Ratings Changes

GE has been the subject of a number of recent analyst reports. BNP Paribas Exane cut their price objective on shares of GE Aerospace from $305.00 to $290.00 and set an “underperform” rating for the company in a report on Friday, January 23rd. JPMorgan Chase & Co. increased their target price on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research report on Monday, January 26th. Bank of America lifted their price objective on GE Aerospace from $310.00 to $365.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Wall Street Zen upgraded shares of GE Aerospace from a “hold” rating to a “buy” rating in a report on Saturday, January 24th. Finally, TD Cowen raised their price objective on GE Aerospace from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $323.31.

About GE Aerospace

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.