Providence First Trust Co Lowers Stake in GE Aerospace $GE

Posted by Francis Steltz on May 6th, 2026

Providence First Trust Co cut its holdings in GE Aerospace (NYSE:GE – Free Report) by 56.0% during the fourth quarter, HoldingsChannel reports. The firm owned 4,450 shares of the company’s stock after selling 5,653 shares during the period. Providence First Trust Co’s holdings in GE Aerospace were worth $1,371,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in GE. Jacobsen Capital Management grew its holdings in shares of GE Aerospace by 1.4% during the third quarter. Jacobsen Capital Management now owns 2,295 shares of the company’s stock worth $690,000 after buying an additional 32 shares during the last quarter. Harfst & Associates Inc. lifted its position in GE Aerospace by 0.4% during the 3rd quarter. Harfst & Associates Inc. now owns 7,444 shares of the company’s stock worth $2,239,000 after acquiring an additional 33 shares during the period. Ledyard National Bank grew its stake in shares of GE Aerospace by 1.2% in the 3rd quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock valued at $828,000 after purchasing an additional 33 shares during the last quarter. Hardy Reed LLC increased its holdings in shares of GE Aerospace by 0.7% in the third quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock valued at $1,504,000 after purchasing an additional 33 shares during the period. Finally, Wolff Wiese Magana LLC increased its holdings in shares of GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares during the period. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace News Summary

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

Positive Sentiment: GE signed an F404 engine deal with Türkiye’s TAI to power the country’s advanced jet trainer — a direct commercial win that supports aftermarket revenue, production cadence and geopolitical diversification for GE Aerospace. TAI, GE Aerospace ink F404 engine deal for Türkiye’s advanced jet trainer
Positive Sentiment: Recent quarterly results and outlook remain a tailwind: GE Aerospace beat EPS estimates, reported strong year‑over‑year revenue growth, and set FY‑2026 EPS guidance (7.10–7.40), supporting higher valuation expectations and investor confidence. (Company reports)
Positive Sentiment: Heightened investor interest in defense names — including reported congressional buying and signs of stabilization in aerospace & defense ETFs — is lifting the group and benefiting prime defense suppliers like GE Aerospace. Congressman Buys Defense Stocks As Middle East Tensions Continues: Here Are The Companies Defense Stocks Are Stabilizing. When to Buy.
Neutral Sentiment: Market commentary is mixed on valuation — some analysts ask whether GE’s strong multi‑year rally leaves upside limited in the near term, making the stock more sensitive to execution and guidance beats. Is It Too Late To Consider General Electric (GE) After Its Strong Multi Year Rally?
Neutral Sentiment: Leadership change: Gayatri Rath has exited GE Aerospace after five years; this appears to be a routine personnel move rather than a strategic shift, but investors will watch any follow‑up on succession and continuity. Gayatri Rath exits GE Aerospace after five-year stint
Negative Sentiment: Technicals and valuation risks: the stock still trades below its 50‑ and 200‑day moving averages and carries a relatively rich P/E and PEG versus some industrial peers, leaving room for short‑term pullbacks if broader market sentiment cools.

Analysts Set New Price Targets

GE has been the subject of several recent research reports. BNP Paribas Exane increased their price target on GE Aerospace from $290.00 to $300.00 and gave the stock an “underperform” rating in a report on Wednesday, April 22nd. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Sanford C. Bernstein raised their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. TD Cowen lowered their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a research note on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $349.89.

View Our Latest Stock Report on GE

GE Aerospace Price Performance

Shares of NYSE GE opened at $286.81 on Wednesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. GE Aerospace has a one year low of $205.92 and a one year high of $348.48. The firm has a market capitalization of $299.24 billion, a P/E ratio of 35.32, a PEG ratio of 2.61 and a beta of 1.36. The company’s fifty day moving average is $304.50 and its two-hundred day moving average is $306.28.

GE Aerospace (NYSE:GE – Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter last year, the firm posted $1.49 EPS. The business’s revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts forecast that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, March 9th were issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a yield of 0.7%. This is a boost from GE Aerospace’s previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Monday, March 9th. GE Aerospace’s dividend payout ratio is 23.15%.

About GE Aerospace

(Free Report)

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.