Panagora Asset Management Inc. raised its position in GE Aerospace (NYSE:GE – Free Report) by 17.6% during the fourth quarter, Holdings Channel reports. The firm owned 248,426 shares of the company’s stock after buying an additional 37,266 shares during the quarter. Panagora Asset Management Inc.’s holdings in GE Aerospace were worth $76,523,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Blueline Advisors LLC purchased a new stake in GE Aerospace in the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC purchased a new stake in GE Aerospace in the fourth quarter valued at approximately $31,000. Abich Financial Wealth Management LLC purchased a new stake in GE Aerospace in the third quarter valued at approximately $32,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace in the fourth quarter valued at approximately $32,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in GE Aerospace in the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.
Trending Headlines about 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
GE Aerospace Stock Down 0.1%
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 analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the company earned $1.49 earnings per share. The company’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
GE has been the topic of a number of research analyst reports. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Citigroup cut their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Seaport Research Partners began coverage on GE Aerospace in a research report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 target price on the stock. President Capital cut their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Finally, 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 price objective on the stock. One research 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 stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $348.22.
Read Our Latest Analysis on GE
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.
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