GE Aerospace $GE Stock Position Lifted by Fulton Bank N.A.

Fulton Bank N.A. grew its holdings in shares of GE Aerospace (NYSE:GE) by 19.9% during the second quarter, Holdings Channel.com reports. The firm owned 12,224 shares of the company’s stock after buying an additional 2,029 shares during the quarter. Fulton Bank N.A.’s holdings in GE Aerospace were worth $4,568,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. AdviceOne Advisory Services LLC increased its stake in GE Aerospace by 1.7% during the 2nd quarter. AdviceOne Advisory Services LLC now owns 3,024 shares of the company’s stock valued at $1,130,000 after buying an additional 51 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of GE Aerospace by 3.6% in the 2nd quarter. Revolve Wealth Partners LLC now owns 3,270 shares of the company’s stock worth $1,222,000 after acquiring an additional 113 shares during the period. Ares Financial Consulting LLC boosted its holdings in shares of GE Aerospace by 19.2% in the second quarter. Ares Financial Consulting LLC now owns 316 shares of the company’s stock valued at $118,000 after acquiring an additional 51 shares in the last quarter. Asset Advisory Group Inc. bought a new position in shares of GE Aerospace in the second quarter valued at approximately $201,000. Finally, Bay Rivers Group increased its stake in shares of GE Aerospace by 15.4% during the second quarter. Bay Rivers Group now owns 2,768 shares of the company’s stock valued at $1,035,000 after acquiring an additional 370 shares during the period. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Performance

GE opened at $365.98 on Tuesday. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. The firm has a market cap of $379.73 billion, a PE ratio of 43.11, a P/E/G ratio of 2.70 and a beta of 1.36. The business has a fifty day simple moving average of $354.59 and a 200-day simple moving average of $323.10. GE Aerospace has a fifty-two week low of $263.80 and a fifty-two week high of $388.84.

GE Aerospace (NYSE:GE) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (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 for the quarter, compared to analyst estimates of $11.87 billion. During the same period in the previous year, the firm earned $1.66 earnings per share. GE Aerospace’s revenue for the quarter 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. As a group, equities analysts predict that GE Aerospace will post 7.91 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were paid a dividend of $0.47 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.88 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s dividend payout ratio is currently 22.14%.

Insider Activity at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of GE Aerospace stock in a transaction that occurred 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 transaction, the senior vice president directly owned 20,666 shares of the company’s stock, valued at $7,309,770.86. This trade represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.19% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several brokerages recently commented on GE. The Goldman Sachs Group reissued a “buy” rating and set a $410.00 target price on shares of GE Aerospace in a report on Monday, July 20th. JPMorgan Chase & Co. lifted their price target on GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a research report on Monday, July 20th. Wells Fargo & Company reissued an “overweight” rating and issued a $390.00 price objective on shares of GE Aerospace in a research note on Monday, July 20th. Morgan Stanley cut their price objective on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Finally, Sanford C. Bernstein set a $421.00 target price on GE Aerospace and gave the company an “outperform” rating in a research note on Thursday, July 23rd. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $390.59.

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.