Meramec Financial Planners LLC Sells 2,190 Shares of GE Aerospace $GE

Meramec Financial Planners LLC trimmed its stake in shares of GE Aerospace (NYSE:GE) by 95.2% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 111 shares of the company’s stock after selling 2,190 shares during the period. Meramec Financial Planners LLC’s holdings in GE Aerospace were worth $34,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC grew its position in shares of GE Aerospace by 25.3% during the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after purchasing an additional 2,421 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in shares of GE Aerospace by 7.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after purchasing an additional 150 shares during the last quarter. Sivia Capital Partners LLC lifted its position in shares of GE Aerospace by 4.6% in the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after buying an additional 191 shares in the last quarter. Main Street Financial Solutions LLC lifted its position in shares of GE Aerospace by 348.6% in the second quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after buying an additional 4,584 shares in the last quarter. Finally, HUB Investment Partners LLC boosted its stake in GE Aerospace by 4.2% during the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock valued at $2,326,000 after buying an additional 366 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Down 0.1%

Shares of NYSE:GE opened at $377.14 on Friday. The company has a market cap of $393.49 billion, a price-to-earnings ratio of 46.45, a PEG ratio of 3.35 and a beta of 1.35. GE Aerospace has a 12 month low of $243.34 and a 12 month high of $382.97. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $322.83 and a 200 day moving average price of $315.01.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the firm posted $1.49 earnings per share. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts predict that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be issued a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio is presently 23.15%.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Seaport Research Partners assumed coverage on GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. UBS Group decreased their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Daiwa Securities Group initiated coverage on GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. TD Cowen cut their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus target price of $357.56.

GE Aerospace 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.