Public Employees Retirement Association of Colorado Trims Holdings in GE Aerospace $GE

Public Employees Retirement Association of Colorado trimmed its holdings in shares of GE Aerospace (NYSE:GEFree Report) by 19.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 711,913 shares of the company’s stock after selling 171,930 shares during the quarter. GE Aerospace comprises about 0.8% of Public Employees Retirement Association of Colorado’s holdings, making the stock its 22nd largest position. Public Employees Retirement Association of Colorado’s holdings in GE Aerospace were worth $219,291,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Resources Management Corp CT ADV grew its position in GE Aerospace by 6.6% during the fourth quarter. Resources Management Corp CT ADV now owns 2,824 shares of the company’s stock worth $870,000 after buying an additional 175 shares in the last quarter. MLP3 LLC purchased a new position in GE Aerospace during the fourth quarter worth about $431,000. MML Investors Services LLC grew its position in GE Aerospace by 2.0% during the fourth quarter. MML Investors Services LLC now owns 184,476 shares of the company’s stock worth $56,824,000 after buying an additional 3,698 shares in the last quarter. Mariner LLC grew its position in GE Aerospace by 13.4% during the fourth quarter. Mariner LLC now owns 374,972 shares of the company’s stock worth $115,551,000 after buying an additional 44,202 shares in the last quarter. Finally, Mill Creek Capital Advisors LLC grew its position in GE Aerospace by 10.5% during the fourth quarter. Mill Creek Capital Advisors LLC now owns 2,435 shares of the company’s stock worth $750,000 after buying an additional 232 shares in the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

GE Aerospace Trading Down 0.1%

Shares of GE stock opened at $334.89 on Monday. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The business has a 50-day moving average price of $303.27 and a two-hundred day moving average price of $307.45. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48. The firm has a market cap of $349.40 billion, a P/E ratio of 41.24, a price-to-earnings-growth ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the company posted $1.49 earnings per share. The company’s revenue 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. Equities analysts anticipate that GE Aerospace will post 7.48 EPS for the current fiscal year.

Trending Headlines about GE Aerospace

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Analyst Ratings Changes

Several equities analysts recently commented on the company. BNP Paribas Exane reduced their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Sanford C. Bernstein boosted their target price on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. President Capital reduced their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Finally, Daiwa Securities Group assumed coverage on GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. One investment 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

View Our Latest Stock Analysis 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.

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

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