Eurizon Capital SGR S.p.A. Invests $85.44 Million in GE Aerospace $GE

Eurizon Capital SGR S.p.A. acquired a new position in shares of GE Aerospace (NYSE:GEFree Report) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 276,730 shares of the company’s stock, valued at approximately $85,440,000.

Other large investors have also modified their holdings of the company. REAP Financial Group LLC bought a new stake in shares of GE Aerospace during the 3rd quarter worth $25,000. Blueline Advisors LLC bought a new stake in shares of GE Aerospace during the 4th quarter worth $25,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace during the 4th quarter worth $32,000. Abich Financial Wealth Management LLC bought a new stake in shares of GE Aerospace during the 3rd quarter worth $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of GE Aerospace during the 3rd quarter worth $36,000. 74.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on the company. Citigroup reduced their price objective on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Daiwa Securities Group assumed coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. BNP Paribas Exane reduced their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. UBS Group reduced their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Finally, Morgan Stanley decreased their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

Read Our Latest Research Report on GE

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GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $323.45 on Friday. The stock has a market cap of $337.46 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 2.98 and a beta of 1.36. The business has a fifty day simple moving average of $295.66 and a 200-day simple moving average of $305.69. 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 12 month low of $232.24 and a 12 month high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.GE Aerospace’s revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, sell-side analysts anticipate that GE Aerospace will post 7.47 EPS for the current fiscal year.

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.

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

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