Wealth Enhancement Advisory Services LLC Reduces Position in GE Aerospace Wealth Enhancement Advisory Services LLC trimmed its holdings in GE Aerospace (NYSE:GE) by 1.8% during the fourth quarter, according to a recent filing with the Securities and Exchange Commission. The firm sold 11,364 shares, reducing its stake to 614,518 shares valued at approximately $201.3 million. This represents about 0.06% of the company’s total shares. GE Aerospace reported strong quarterly results, exceeding expectations with $1.57 earnings per share (EPS) compared to the anticipated $1.43. Revenue reached $11.90 billion, a 17.6% increase year-over-year. The company also set FY2026 guidance of 7.10–7.40 EPS. Additionally, GE raised its quarterly dividend to $0.47, translating to an annualized $1.88 dividend and a yield of 0.7%. Analysts have issued a "Moderate Buy" rating with an average target price of $331.12. The stock’s performance has been influenced by recent market dynamics. While analysts highlight GE’s growth potential and major engine contracts, the market reacted to planned capital investments with near-term selling. The company allocated €110 million to expand European manufacturing capacity and plans additional U.S. facility investments, signaling efforts to meet production demands. However, concerns about short-term cash outflows and GE’s premium valuation compared to peers have contributed to recent volatility. Institutional investors have shown mixed activity. Jacobsen Capital Management increased its stake by 1.4%, while Harfst & Associates Inc. and Ledyard National Bank added to their positions. RMG Wealth Management LLC raised its holdings by 8.3%. Institutional ownership accounts for 74.77% of the company’s shares.#securities_and_exchange_commission #wealth_enhancement_advisory_services_llc #ge_aerospace #bnp_paribas_exane #jpmorgan_chase_co
