M Holdings Securities Inc. purchased a new position in shares of GE Aerospace (NYSE:GE – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 16,596 shares of the company’s stock, valued at approximately $5,112,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Allworth Financial LP grew its position in GE Aerospace by 7.6% in the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after acquiring an additional 5,434 shares in the last quarter. Dara Capital US Inc. purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $2,527,000. NewEdge Wealth LLC boosted its position in shares of GE Aerospace by 92.2% during the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after buying an additional 9,663 shares during the period. Orion Porfolio Solutions LLC boosted its holdings in shares of GE Aerospace by 11.0% in the third quarter. Orion Porfolio Solutions LLC now owns 68,266 shares of the company’s stock valued at $20,536,000 after purchasing an additional 6,747 shares during the period. Finally, Temasek Holdings Private Ltd boosted its holdings in shares of GE Aerospace by 19.1% in the third quarter. Temasek Holdings Private Ltd now owns 450,383 shares of the company’s stock valued at $135,484,000 after purchasing an additional 72,257 shares during the period. Institutional investors own 74.77% of the company’s stock.
Wall Street Analysts Forecast Growth
GE has been the subject of a number of recent research reports. TD Cowen reduced their price objective on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Morgan Stanley dropped their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Wells Fargo & Company assumed coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target on the stock. Finally, Seaport Research Partners began coverage on GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $348.22.
GE Aerospace News Roundup
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace’s Defense & Propulsion unit is showing strong order and revenue growth, supported by major defense contracts and a robust pipeline, which could help sustain momentum in the business. Strength in Defense & Propulsion Unit Drives GE: Will the Momentum Last?
- Positive Sentiment: GE Aerospace signaled a reopening of U.S. jet-engine sales in China as Boeing aircraft orders resume there, while also landing a new propulsion-power order from the U.S. Navy, both of which point to fresh commercial and defense demand. GE Aerospace Balances China Engine Reopening With New U.S. Navy Win
- Positive Sentiment: GE Aerospace and Wolfspeed announced a collaboration on high-voltage silicon carbide power electronics, which could strengthen GE’s position in next-generation aerospace and defense systems. GE Aerospace Wolfspeed Deal Reframes Long Term Power Electronics Story
- Neutral Sentiment: GE Aerospace remains a heavily watched aerospace name as broader sector investors assess defense spending trends, China demand, and the pace of commercial aviation recovery. Boeing & GE Aerospace Draw Focus As Recovery Takes Shape
- Negative Sentiment: Defense stocks were broadly weaker in midday trading despite renewed geopolitical tensions, suggesting that sector-wide sentiment may be limiting upside for GE Aerospace near term. Defense Stocks Fall Despite Trump’s Promise of More Iran Strikes
GE Aerospace Trading Down 3.4%
GE opened at $319.24 on Thursday. The company’s 50 day simple moving average is $301.45 and its two-hundred day simple moving average is $306.85. The firm has a market capitalization of $333.07 billion, a price-to-earnings ratio of 39.31, a price-to-earnings-growth ratio of 2.93 and a beta of 1.37. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. GE Aerospace has a 1-year low of $232.24 and a 1-year high of $348.48.
GE Aerospace (NYSE:GE – Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter last year, the firm earned $1.49 EPS. The business’s revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts expect that GE Aerospace will post 7.48 EPS for the current fiscal year.
GE Aerospace Profile
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.
Featured Articles
- Five stocks we like better than GE Aerospace
- Everpure: AI Storage Uncertainty Overshadows Breakneck Growth
- This Tech ETF Is Beating QQQ—and Canada May Be Part of the Reason
- Intel Is the Market’s Most Mispriced AI Hedge
- The Biggest Opportunity From SpaceX’s IPO May Surprise You
Want to see what other hedge funds are holding GE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Aerospace (NYSE:GE – Free Report).
Receive News & Ratings for GE Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.
