State Street Corp lifted its stake in shares of GE Aerospace (NYSE:GE – Free Report) by 2.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 46,497,628 shares of the company’s stock after purchasing an additional 1,160,584 shares during the quarter. State Street Corp owned about 4.48% of GE Aerospace worth $17,377,559,000 at the end of the most recent reporting period.
Other institutional investors have also bought and sold shares of the company. Security National Bank of SO Dak acquired a new stake in shares of GE Aerospace in the 2nd quarter worth approximately $55,000. Security National Bank of Sioux City Iowa IA acquired a new position in shares of GE Aerospace during the second quarter valued at approximately $95,000. Wellington Altus USA Inc. acquired a new position in shares of GE Aerospace during the second quarter valued at approximately $311,000. Anchor Investment Management LLC raised its holdings in GE Aerospace by 4.0% during the second quarter. Anchor Investment Management LLC now owns 12,246 shares of the company’s stock worth $4,577,000 after purchasing an additional 471 shares in the last quarter. Finally, Bullseye Investment Management LLC bought a new stake in GE Aerospace during the second quarter worth approximately $123,000. Institutional investors and hedge funds own 74.77% of the company’s stock.
Trending Headlines about GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: Defense program reaches a key milestone. GE Aerospace and Kratos successfully ignited the GEK800 turbofan propulsion system for a cruise-missile program. The test advances development of a potential defense growth opportunity, although it does not yet represent near-term material revenue. Kratos and GE Aerospace Achieve Significant Program Milestone
- Positive Sentiment: $225 million research investment supports long-term innovation. GE Aerospace plans to modernize its Niskayuna, New York, research center, reinforcing its investment in advanced engine technology and future aerospace programs. The spending could strengthen competitiveness, though it will require upfront capital. GE Aerospace invests $225M to modernize Niskayuna research center
- Positive Sentiment: Board authorizes a quarterly dividend. GE Aerospace declared a $0.47-per-share dividend payable October 26 to shareholders of record October 5. The payout signals continued cash-return capacity, although the approximately 0.6% annualized yield is modest. GE Aerospace Board of Directors Authorizes Quarterly Dividend
- Neutral Sentiment: Governance leadership was strengthened. The board appointed Wes Bush as independent lead director, a move intended to enhance board oversight and shareholder governance. The change is supportive of governance credibility but has limited immediate earnings impact. GE Aerospace strengthens board leadership and governance oversight
- Negative Sentiment: GE9X production remains an overhang. Redesigned seals are shipping and the fix has entered certification, but full production approval still depends on a separate FAA process. Any delay could pressure delivery schedules, costs and investor confidence. GE Aerospace Slips as GE9X Fix Enters Certification
Insider Activity
Analysts Set New Price Targets
Several brokerages have recently issued reports on GE. UBS Group lifted their price target on GE Aerospace from $426.00 to $435.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Susquehanna reaffirmed a “positive” rating and set a $430.00 target price (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. Citigroup reiterated a “buy” rating and set a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Seaport Research Partners initiated coverage on GE Aerospace in a research note on Tuesday, May 26th. They set a “buy” rating and a $375.00 price objective for the company. Finally, Melius Research set a $350.00 target price on GE Aerospace and gave the stock a “hold” rating in a report on Monday, September 14th. Sixteen analysts have rated the stock with 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, the stock currently has an average rating of “Moderate Buy” and an average target price of $388.33.
Get Our Latest Stock Report on GE
GE Aerospace Trading Down 0.3%
Shares of GE Aerospace stock traded down $0.99 during trading on Tuesday, hitting $318.02. The stock had a trading volume of 1,491,062 shares, compared to its average volume of 5,167,777. The stock has a 50 day simple moving average of $346.98 and a 200 day simple moving average of $327.44. The company has a market capitalization of $329.97 billion, a PE ratio of 37.49, a P/E/G ratio of 2.29 and a beta of 1.35. The company has a quick ratio of 0.67, a current ratio of 0.98 and a debt-to-equity ratio of 0.96. GE Aerospace has a 1 year low of $268.91 and a 1 year high of $388.84.
GE Aerospace (NYSE:GE – Get Free Report) last issued 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 business had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same quarter in the prior year, the firm earned $1.66 EPS. The firm’s quarterly revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, research analysts expect that GE Aerospace will post 7.91 EPS for the current fiscal year.
GE Aerospace Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Monday, October 26th. Shareholders of record on Monday, October 5th will be given a $0.47 dividend. The ex-dividend date is Monday, October 5th. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. GE Aerospace’s dividend payout ratio is presently 22.14%.
About GE Aerospace
GE Aerospace (NYSE:GE) is a global aerospace company that designs, develops, manufactures and services aircraft engines and related systems. Its portfolio serves commercial aviation, military and defense, business and general aviation, and other aerospace markets.
The company’s products and services include commercial and military aircraft engines, integrated engine systems, avionics, mechanical systems and digital solutions. GE Aerospace also provides maintenance, repair, overhaul, spare parts, technical support and other lifecycle services for aircraft propulsion and related equipment.
GE Aerospace traces its roots to the aviation activities of General Electric, which began developing aircraft engines during World War I.
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