Landscape Capital Management L.L.C. Cuts Stake in GE Aerospace $GE

Landscape Capital Management L.L.C. trimmed its position in shares of GE Aerospace (NYSE:GE – Free Report) by 83.0% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 3,726 shares of the company’s stock after selling 18,148 shares during the period. Landscape Capital Management L.L.C.’s holdings in GE Aerospace were worth $1,393,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Blueline Advisors LLC bought a new position in shares of GE Aerospace in the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC bought a new stake in shares of GE Aerospace during the fourth quarter valued at approximately $31,000. Tucker Asset Management LLC purchased a new position in GE Aerospace in the 4th quarter worth approximately $32,000. Paladin Partners LLC purchased a new position in GE Aerospace in the 2nd quarter worth approximately $38,000. Finally, Lifetime Wealth Management P.C. bought a new position in GE Aerospace in the 4th quarter valued at approximately $40,000. 74.77% of the stock is currently owned by institutional investors.

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Insider Buying and Selling

In other GE Aerospace news, SVP Mohamed Ali sold 8,096 shares of the stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the transaction, the senior vice president owned 20,666 shares of the company’s stock, valued at approximately $7,309,770.86. This represents a 28.15% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.19% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the company. JPMorgan Chase & Co. increased their target price on GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a research note on Monday, July 20th. BNP Paribas Exane decreased their price target on 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 GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Wells Fargo & Company reaffirmed an “overweight” rating and set a $390.00 price objective on shares of GE Aerospace in a research report on Monday, July 20th. Finally, TD Cowen reiterated a “buy” rating and issued a $380.00 price objective (up from $330.00) on shares of GE Aerospace in a report on Monday, July 13th. Sixteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $390.59.

View Our Latest Report on GE Aerospace

GE Aerospace Trading Up 1.2%

Shares of GE stock opened at $348.85 on Friday. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. GE Aerospace has a 12-month low of $266.37 and a 12-month high of $388.84. The stock has a market capitalization of $361.95 billion, a P/E ratio of 41.09, a P/E/G ratio of 2.54 and a beta of 1.36. The firm’s 50 day moving average is $361.10 and its 200 day moving average is $326.84.

GE Aerospace (NYSE:GE – Get Free Report) last announced its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. The business had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period in the previous year, the business earned $1.66 EPS. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

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