Lord Abbett & CO. LLC Sells 53,323 Shares of GE Aerospace $GE

Posted by George Bondi on Jun 13th, 2026

Lord Abbett & CO. LLC decreased its stake in GE Aerospace (NYSE:GE – Free Report) by 5.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 937,567 shares of the company’s stock after selling 53,323 shares during the quarter. GE Aerospace makes up about 0.9% of Lord Abbett & CO. LLC’s investment portfolio, making the stock its 19th biggest position. Lord Abbett & CO. LLC’s holdings in GE Aerospace were worth $288,799,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also added to or reduced their stakes in GE. Norges Bank bought a new position in GE Aerospace in the 4th quarter valued at approximately $4,444,736,000. Capital World Investors lifted its stake in GE Aerospace by 16.2% in 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 during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of GE Aerospace by 1,200.7% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock valued at $568,935,000 after acquiring an additional 1,705,005 shares during the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of GE Aerospace during the third quarter valued at $285,263,000. Finally, Vanguard Group Inc. raised its stake in shares of GE Aerospace by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after acquiring an additional 699,364 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE stock opened at $334.89 on Friday. The business’s 50 day simple moving average is $303.27 and its 200 day simple moving average is $307.36. GE Aerospace has a one year low of $232.24 and a one year high of $348.48. The stock has a market capitalization of $349.40 billion, a PE ratio of 41.24, a PEG ratio of 2.95 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 (NYSE:GE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share 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 analysts’ expectations of $11.61 billion. During the same period in the prior year, the company posted $1.49 earnings per share. GE Aerospace’s revenue for the quarter 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. As a group, research analysts forecast that GE Aerospace will post 7.48 earnings per share for the current year.

Key Stories Impacting GE Aerospace

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

Positive Sentiment: GE Aerospace announced plans to invest $1 billion in U.S. manufacturing, a move that signals confidence in long-term demand and could support capacity, jobs, and future engine production. GE Aerospace Plans $1B US Investments
Positive Sentiment: Brokerage coverage remains supportive, with GE Aerospace receiving an average rating of “Moderate Buy”, reinforcing the market’s constructive view on earnings and execution. GE Aerospace (NYSE:GE) Given Average Rating of “Moderate Buy” by Brokerages
Neutral Sentiment: GE Aerospace added Microsoft AI executive Judson Althoff to its board, a governance and strategy-related move that could help strengthen its digital and AI capabilities over time. GE Aerospace adds Microsoft AI leader to board
Neutral Sentiment: Several articles referenced GE Aerospace in the context of the SpaceX IPO and broader aerospace industry comparisons. These headlines highlight how GE remains a key benchmark in aerospace, but they do not directly change its fundamentals. SpaceX IPO Valuation Is Worth More Than Boeing, RTX, GE Aerospace And Every Other S&P 500 Aerospace Firm Combined: Report
Negative Sentiment: News that the Air India crash report is being delayed because GE engine analysis is still pending could keep some headline risk around the company’s engine business until more clarity is provided. GE engine review delays final Air India crash report ahead of first anniversary

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the stock. Wells Fargo & Company assumed coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company. UBS Group dropped their price target on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Sanford C. Bernstein raised their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, 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 note on Wednesday, April 22nd. One 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 given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $348.22.

Read Our Latest Stock Report on GE Aerospace

GE Aerospace 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.

Featured Stories

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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