Mutual of America Capital Management LLC lowered its stake in GE Aerospace (NYSE:GE – Free Report) by 1.6% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 118,218 shares of the company’s stock after selling 1,883 shares during the quarter. GE Aerospace accounts for 0.4% of Mutual of America Capital Management LLC’s portfolio, making the stock its 26th largest position. Mutual of America Capital Management LLC’s holdings in GE Aerospace were worth $36,415,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. REAP Financial Group LLC purchased a new position in shares of GE Aerospace during the 3rd quarter worth $25,000. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the 4th quarter worth $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of GE Aerospace during the 3rd quarter worth $32,000. Tucker Asset Management LLC bought a new stake in GE Aerospace in the 4th quarter valued at $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in GE Aerospace in the 3rd quarter valued at $36,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of analysts have recently weighed in on the stock. President Capital reduced their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Daiwa Securities Group started coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, TD Cowen lowered 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. One research 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 issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $348.22.
GE Aerospace Trading Up 0.2%
NYSE:GE opened at $324.41 on Tuesday. GE Aerospace has a 12 month low of $232.24 and a 12 month high of $348.48. The firm has a fifty day simple moving average of $296.32 and a 200-day simple moving average of $305.74. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $338.47 billion, a P/E ratio of 39.95, a PEG ratio of 3.00 and a beta of 1.37.
GE Aerospace (NYSE:GE – Get Free Report) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS 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 business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm posted $1.49 earnings per share. The business’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. On average, equities research analysts anticipate that GE Aerospace will post 7.47 earnings per share for the current 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 Stories
- Five stocks we like better than GE Aerospace
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
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.
