Piscataqua Savings Bank Boosts Holdings in GE Aerospace $GE

Piscataqua Savings Bank raised its position in GE Aerospace (NYSE:GE) by 69.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 4,190 shares of the company’s stock after acquiring an additional 1,715 shares during the quarter. GE Aerospace makes up about 1.0% of Piscataqua Savings Bank’s holdings, making the stock its 29th largest holding. Piscataqua Savings Bank’s holdings in GE Aerospace were worth $1,260,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the company. Montis Financial LLC increased its stake in shares of GE Aerospace by 24.9% during the third quarter. Montis Financial LLC now owns 1,388 shares of the company’s stock worth $418,000 after acquiring an additional 277 shares during the period. Ritholtz Wealth Management lifted its position in GE Aerospace by 4.7% in the third quarter. Ritholtz Wealth Management now owns 24,184 shares of the company’s stock valued at $7,275,000 after purchasing an additional 1,083 shares during the period. EdgeRock Capital LLC boosted its holdings in GE Aerospace by 10.9% in the 3rd quarter. EdgeRock Capital LLC now owns 933 shares of the company’s stock valued at $281,000 after purchasing an additional 92 shares in the last quarter. Blalock Williams LLC acquired a new position in GE Aerospace during the 3rd quarter worth approximately $255,000. Finally, Birchcreek Wealth Management LLC purchased a new position in shares of GE Aerospace during the 3rd quarter worth approximately $221,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Up 1.7%

GE opened at $325.45 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.76 and a current ratio of 1.08. The company has a market cap of $343.29 billion, a price-to-earnings ratio of 43.45, a PEG ratio of 2.19 and a beta of 1.40. GE Aerospace has a one year low of $159.36 and a one year high of $332.79. The business’s fifty day moving average is $304.98 and its two-hundred day moving average is $290.00.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.46 by $0.20. The business had revenue of $11.31 billion during the quarter, compared to analysts’ expectations of $10.29 billion. GE Aerospace had a return on equity of 34.01% and a net margin of 18.34%.The business’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter last year, the business posted $1.15 earnings per share. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. Analysts anticipate that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, January 26th. Shareholders of record on Monday, December 29th will be issued a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 0.4%. The ex-dividend date is Monday, December 29th. GE Aerospace’s dividend payout ratio (DPR) is 19.23%.

Insider Transactions at GE Aerospace

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $297.71, for a total value of $2,381,680.00. Following the sale, the senior vice president owned 150,434 shares of the company’s stock, valued at $44,785,706.14. This represents a 5.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.21% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Susquehanna reissued a “positive” rating and issued a $380.00 price target on shares of GE Aerospace in a report on Thursday. Royal Bank Of Canada raised their target price on GE Aerospace from $300.00 to $340.00 and gave the company an “outperform” rating in a report on Friday, October 17th. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research report on Wednesday, October 8th. BNP Paribas raised shares of GE Aerospace to a “strong sell” rating in a research note on Tuesday, November 18th. Finally, Wolfe Research raised their price objective on shares of GE Aerospace from $340.00 to $360.00 and gave the company an “outperform” rating in a research note on Monday, January 12th. Sixteen analysts have rated the stock with a Buy rating, two have issued a Hold rating and two have given a Sell rating to the company’s stock. Based on data from MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and an average target price of $314.00.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: GE and Lockheed Martin showcased rotating-detonation/ramjet technology for hypersonic missiles, evidencing GE Aerospace’s advanced propulsion work and potential long-term defense contract upside. Article Title
• Positive Sentiment: GE promoted Mohamed Ali and created an expanded C-suite role to lead its enlarged commercial engines unit — a signal management is reorganizing to support commercial aftermarket and engine growth. Article Title
• Positive Sentiment: Analysts at Wolfe Research and TD Cowen raised price targets and maintained positive ratings (outperform/buy), reinforcing upward expectations for revenue and earnings momentum. Article Title
• Neutral Sentiment: Zacks highlights GE’s history of earnings surprises and frames GE as having the setup to potentially beat again — supportive context but not definitive for the next quarter. Article Title
• Neutral Sentiment: Citigroup adjusted its price target (reported change to $378), a reminder that street views vary; such PT moves can nudge intraday volatility but aren’t a direct operational change. Article Title
• Negative Sentiment: Some outlets report an analyst downgrade that briefly pressured the stock, and a Zacks piece offers a contrasting view saying GE may not have the ideal setup to beat the coming quarter — indicating uncertainty around short-term EPS results. Article Title

About GE Aerospace

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.