GE Aerospace $GE Shares Acquired by Spinnaker Trust

Posted by Stanley Muller on Jun 3rd, 2026

Spinnaker Trust increased its position in GE Aerospace (NYSE:GE – Free Report) by 19.7% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 9,626 shares of the company’s stock after acquiring an additional 1,584 shares during the period. Spinnaker Trust’s holdings in GE Aerospace were worth $2,965,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of GE. REAP Financial Group LLC acquired a new position in shares of GE Aerospace in the third quarter valued at approximately $25,000. Blueline Advisors LLC acquired a new position in shares of GE Aerospace in the fourth quarter valued at approximately $25,000. Abich Financial Wealth Management LLC acquired a new position in shares of GE Aerospace in the third quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new position in GE Aerospace during the fourth quarter worth approximately $32,000. Finally, Redmont Wealth Advisors LLC acquired a new position in GE Aerospace during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Price Performance

GE opened at $324.41 on Tuesday. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The company has a 50 day moving average of $296.32 and a two-hundred day moving average of $305.74. The company has a market cap of $338.47 billion, a P/E ratio of 39.95, a P/E/G ratio of 3.00 and a beta of 1.37.

GE Aerospace (NYSE:GE – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm earned $1.49 earnings per share. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts expect that GE Aerospace will post 7.47 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on GE shares. Seaport Research Partners started coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. President Capital dropped their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Daiwa Securities Group started coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Morgan Stanley dropped their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

View Our Latest Stock Report on GE Aerospace

About GE Aerospace

(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.