Kestra Advisory Services LLC Buys 16,336 Shares of GE Aerospace $GE

Kestra Advisory Services LLC boosted its stake in GE Aerospace (NYSE:GE) by 19.9% during the 1st quarter, Holdings Channel reports. The firm owned 98,273 shares of the company’s stock after buying an additional 16,336 shares during the quarter. Kestra Advisory Services LLC’s holdings in GE Aerospace were worth $27,887,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GE. Blueline Advisors LLC bought a new position in GE Aerospace during the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace in the 4th quarter worth approximately $31,000. Tucker Asset Management LLC bought a new stake in GE Aerospace in the 4th quarter worth approximately $32,000. Lifetime Wealth Management P.C. purchased a new stake in shares of GE Aerospace during the 4th quarter worth approximately $40,000. Finally, Beaird Harris Wealth Management LLC raised its holdings in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after acquiring an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analyst Ratings Changes

GE has been the subject of a number of recent research reports. Daiwa Securities Group started coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Citigroup reiterated a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a research note on Wednesday, May 20th. Finally, Wells Fargo & Company started coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price on the stock. 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 stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $360.33.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: Investors are positioning for a strong July 16 earnings report, with expectations for revenue and EPS growth and the possibility of another beat. Top Wall Street Forecasters Revamp GE Aerospace Expectations Ahead Of Q2 Earnings
• Positive Sentiment: Analysts and commentators say GE’s defense and propulsion unit is benefiting from strong orders, major contracts, and rising military demand. Will Strength in Defense & Propulsion Unit Continue to Drive GE’s Momentum?
• Positive Sentiment: GE Aerospace is being described as a high-quality industrial name with a strong installed base and consistent service revenue, supporting investor confidence. GE Aerospace (GE) Rallied Amid Investors’ Confidence
• Neutral Sentiment: Some investors are warning that the stock’s sharp run means valuation matters, and much of the optimism may already be priced in. GE Aerospace: Great Company, But Price Matters
• Neutral Sentiment: Broader coverage has kept GE Aerospace in the spotlight, with traders focused on whether earnings can extend the stock’s current momentum. GE Aerospace Is a No-Brainer Buy Before July 16 Earnings. Here’s Why

GE Aerospace Trading Up 0.1%

Shares of NYSE GE traded up $0.29 during trading hours on Friday, hitting $359.33. 2,334,269 shares of the company traded hands, compared to its average volume of 4,698,848. The company’s 50 day moving average price is $330.74 and its 200 day moving average price is $317.23. GE Aerospace has a 12 month low of $251.40 and a 12 month high of $382.97. The stock has a market capitalization of $374.90 billion, a price-to-earnings ratio of 44.25, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

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

GE Aerospace Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Stockholders of record on Monday, July 6th will be issued a $0.47 dividend. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is 23.15%.

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.