Brown Advisory Inc. Cuts Stock Holdings in GE Aerospace $GE

Brown Advisory Inc. trimmed its holdings in shares of GE Aerospace (NYSE:GEFree Report) by 31.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 3,173,608 shares of the company’s stock after selling 1,433,059 shares during the period. GE Aerospace comprises approximately 1.4% of Brown Advisory Inc.’s portfolio, making the stock its 12th largest position. Brown Advisory Inc.’s holdings in GE Aerospace were worth $977,574,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Blueline Advisors LLC purchased a new stake in GE Aerospace during the fourth quarter valued at about $25,000. Ankerstar Wealth LLC purchased a new stake in GE Aerospace during the fourth quarter valued at about $31,000. Abich Financial Wealth Management LLC purchased a new stake in GE Aerospace during the third quarter valued at about $32,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace during the fourth quarter valued at about $32,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in GE Aerospace during the third quarter valued at about $36,000. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

GE has been the subject of several analyst reports. Daiwa Securities Group initiated 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. TD Cowen cut their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Morgan Stanley cut 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. Weiss Ratings downgraded shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Finally, Sanford C. Bernstein upped their price objective 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. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $348.22.

Check Out Our Latest Research Report on GE

Key Stories Impacting GE Aerospace

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

GE Aerospace Stock Performance

Shares of NYSE:GE opened at $334.89 on Friday. The company has a market cap of $349.40 billion, a price-to-earnings ratio of 41.24, a price-to-earnings-growth ratio of 2.97 and a beta of 1.37. The company has a 50-day moving average price of $303.27 and a 200-day moving average price of $307.36. 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 $232.24 and a 12 month high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

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.

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

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