Groupe la Francaise Boosts Position in GE Aerospace $GE

Groupe la Francaise boosted its stake in shares of GE Aerospace (NYSE:GEFree Report) by 18.0% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 282,781 shares of the company’s stock after buying an additional 43,159 shares during the quarter. GE Aerospace makes up 1.1% of Groupe la Francaise’s portfolio, making the stock its 18th largest position. Groupe la Francaise’s holdings in GE Aerospace were worth $80,171,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. SOA Wealth Advisors LLC. increased its position in shares of GE Aerospace by 20.0% during the first quarter. SOA Wealth Advisors LLC. now owns 1,062 shares of the company’s stock worth $301,000 after acquiring an additional 177 shares during the period. Western Wealth Management LLC raised its stake in shares of GE Aerospace by 36.6% during the first quarter. Western Wealth Management LLC now owns 19,591 shares of the company’s stock valued at $5,559,000 after acquiring an additional 5,247 shares in the last quarter. Silicon Valley Capital Partners purchased a new stake in shares of GE Aerospace in the first quarter valued at approximately $148,000. Paragon Private Wealth Management LLC boosted its holdings in shares of GE Aerospace by 17.0% in the first quarter. Paragon Private Wealth Management LLC now owns 4,380 shares of the company’s stock valued at $1,243,000 after purchasing an additional 638 shares during the period. Finally, Bank of America Corp DE grew its stake in GE Aerospace by 10.0% in the first quarter. Bank of America Corp DE now owns 7,664,679 shares of the company’s stock worth $2,175,006,000 after purchasing an additional 695,731 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, SVP Mohamed Ali sold 8,096 shares of the company’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total transaction 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 represents a 28.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.19% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

GE has been the subject of a number of research reports. BNP Paribas Exane lowered their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Weiss Ratings raised shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, July 17th. The Goldman Sachs Group reissued a “buy” rating and issued a $410.00 price objective on shares of GE Aerospace in a research note on Monday, July 20th. Finally, Seaport Research Partners initiated coverage on GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 target price for the company. Sixteen equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $390.59.

View Our Latest Research Report on GE Aerospace

GE Aerospace Trading Up 1.3%

NYSE:GE opened at $355.21 on Friday. GE Aerospace has a 52 week low of $261.71 and a 52 week high of $382.97. The firm has a 50 day moving average of $346.68 and a 200 day moving average of $320.66. 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 stock has a market capitalization of $368.56 billion, a price-to-earnings ratio of 41.84, a PEG ratio of 2.56 and a beta of 1.35.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share 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 company 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 earnings per share. GE Aerospace’s 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, sell-side analysts anticipate that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

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

GE Aerospace 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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