Peregrine Investment Management Inc. Acquires New Stake in GE Aerospace $GE

Posted by George Bondi on May 14th, 2026

Peregrine Investment Management Inc. bought a new stake in shares of GE Aerospace (NYSE:GE – Free Report) in the first quarter, HoldingsChannel reports. The institutional investor bought 25,000 shares of the company’s stock, valued at approximately $7,094,000. GE Aerospace accounts for approximately 5.6% of Peregrine Investment Management Inc.’s portfolio, making the stock its 8th largest position.

A number of other institutional investors and hedge funds have also bought and sold shares of GE. Auto Owners Insurance Co raised its position in GE Aerospace by 52,247.5% during the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after purchasing an additional 65,595,733 shares in the last quarter. Norges Bank bought a new stake in GE Aerospace during the 4th quarter valued at $4,444,736,000. Capital World Investors raised its position in GE Aerospace by 16.2% during the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after purchasing an additional 2,995,054 shares in the last quarter. Corient Private Wealth LLC raised its position in GE Aerospace by 382.1% during the 4th quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock valued at $849,325,000 after purchasing an additional 2,185,321 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its position in GE Aerospace by 1,200.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock valued at $568,935,000 after purchasing an additional 1,705,005 shares in the last quarter. 74.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on GE. Daiwa Securities Group began coverage on GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. President Capital decreased their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company initiated coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, GE Aerospace presently has an average rating of “Moderate Buy” and an average target price of $349.89.

Get Our Latest Analysis on GE

GE Aerospace Trading Down 0.9%

GE opened at $294.89 on Thursday. The firm has a market cap of $307.67 billion, a price-to-earnings ratio of 36.32, a PEG ratio of 2.76 and a beta of 1.36. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12 month low of $220.45 and a 12 month high of $348.48. The stock has a fifty day moving average price of $299.34 and a 200-day moving average price of $306.18.

GE Aerospace (NYSE:GE – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Trending Headlines about GE Aerospace

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

Positive Sentiment: GE Aerospace’s Commercial Engines unit is seeing strong airline demand, which is boosting orders and supporting mid-teens revenue expectations for 2026. GE Gains From Strength in Commercial Engines Unit: A Sign for More Upside?
Positive Sentiment: GE Aerospace and Pratt & Whitney are advancing next-generation adaptive cycle engine prototypes for Boeing’s F-47 program, reinforcing GE’s position in advanced defense propulsion. GE Aerospace and Pratt & Whitney advance NGAP engine prototypes for Boeing F-47
Positive Sentiment: GE Aerospace also signed an agreement and memorandum of understanding with Saudi Arabia’s GAMI, adding to its international defense and aerospace opportunities. GAMI Signs Agreement and MoU with GE Aerospace at World Defense Show
Neutral Sentiment: Analyst opinions on GE remain split, with some firms raising price targets sharply while others cut them, reflecting a debate over how much upside is already priced in. How The General Electric (GE) Investment Story Is Shifting As Analyst Views Diverge
Neutral Sentiment: GE Aerospace CEO Larry Culp joining Trump’s trip to China could matter for investor sentiment, but the market impact is still unclear until trade discussions produce concrete outcomes. GE Aerospace CEO Larry Culp to join Trump on trip to China
Neutral Sentiment: Industry headlines around China trade and Boeing-related travel add background context for GE Aerospace, but they do not yet show a direct impact on earnings or guidance. Nvidia Chips, Boeing Jets: Stock Traders Eye Trump in China
Positive Sentiment: GE’s XA102 engine review cleared another hurdle for NGAP development, supporting the company’s defense-engine growth narrative. GE XA102 Review Clears Engine For NGAP Build

GE Aerospace Company 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.