Hanseatic Management Services Inc. Acquires New Position in GE Aerospace $GE

Hanseatic Management Services Inc. acquired a new stake in GE Aerospace (NYSE:GEFree Report) during the first quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,906 shares of the company’s stock, valued at approximately $1,960,000. GE Aerospace accounts for 1.9% of Hanseatic Management Services Inc.’s portfolio, making the stock its 18th largest holding.

Other institutional investors have also added to or reduced their stakes in the company. AIA Group Ltd lifted its stake in shares of GE Aerospace by 80.9% during the 1st quarter. AIA Group Ltd now owns 111,118 shares of the company’s stock valued at $31,532,000 after buying an additional 49,697 shares in the last quarter. Legacy Wealth Advisors LLC grew its stake in GE Aerospace by 74.9% in the 1st quarter. Legacy Wealth Advisors LLC now owns 1,487 shares of the company’s stock valued at $422,000 after buying an additional 637 shares in the last quarter. Spartan Wealth Advisory Services LLC purchased a new position in GE Aerospace in the 1st quarter valued at approximately $1,268,000. Ascent Wealth Partners LLC raised its holdings in GE Aerospace by 40.8% during the 1st quarter. Ascent Wealth Partners LLC now owns 2,864 shares of the company’s stock valued at $813,000 after acquiring an additional 830 shares during the period. Finally, Paces Ferry Wealth Advisors LLC raised its holdings in GE Aerospace by 22.7% during the 1st quarter. Paces Ferry Wealth Advisors LLC now owns 1,083 shares of the company’s stock valued at $307,000 after acquiring an additional 200 shares during the period. 74.77% of the stock is owned by hedge funds and other institutional investors.

Key GE Aerospace News

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

GE Aerospace Stock Performance

GE Aerospace stock opened at $348.58 on Friday. The firm’s 50 day simple moving average is $336.31 and its 200 day simple moving average is $318.52. The company has a current ratio of 0.98, a quick ratio of 0.70 and a debt-to-equity ratio of 0.96. The firm has a market capitalization of $363.69 billion, a PE ratio of 41.06, a price-to-earnings-growth ratio of 2.98 and a beta of 1.35. GE Aerospace has a 1-year low of $254.66 and a 1-year high of $382.97.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings results on Thursday, July 16th. The company reported $2.02 EPS for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The firm had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same period last year, the firm earned $1.66 EPS. The business’s quarterly revenue 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, analysts expect that GE Aerospace will post 7.93 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is 22.14%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. BNP Paribas Exane cut their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research report on Wednesday. Citigroup reiterated a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. Sanford C. Bernstein reissued an “outperform” rating on shares of GE Aerospace in a report on Tuesday. Finally, TD Cowen restated a “buy” rating and issued a $380.00 target price (up from $330.00) on shares of GE Aerospace in a research note on Monday, July 13th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace presently has a consensus rating of “Moderate Buy” and an average target price of $370.33.

Read Our Latest Research Report on GE Aerospace

GE Aerospace Company Profile

(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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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