ING Groep NV boosted its stake in shares of GE Aerospace (NYSE:GE – Free Report) by 55.2% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 161,828 shares of the company’s stock after purchasing an additional 57,529 shares during the period. ING Groep NV’s holdings in GE Aerospace were worth $49,848,000 at the end of the most recent quarter.
Several other hedge funds have also modified their holdings of the company. Capital International Sarl boosted its stake in shares of GE Aerospace by 10.0% during the 4th quarter. Capital International Sarl now owns 294,709 shares of the company’s stock worth $90,779,000 after acquiring an additional 26,881 shares in the last quarter. Capital International Ltd. CA boosted its stake in shares of GE Aerospace by 7.5% during the 4th quarter. Capital International Ltd. CA now owns 111,524 shares of the company’s stock worth $34,353,000 after acquiring an additional 7,774 shares in the last quarter. Capital Group Investment Management PTE. LTD. boosted its stake in shares of GE Aerospace by 5.3% during the 4th quarter. Capital Group Investment Management PTE. LTD. now owns 24,923 shares of the company’s stock worth $7,677,000 after acquiring an additional 1,264 shares in the last quarter. Tradition Wealth Management LLC boosted its stake in shares of GE Aerospace by 9.9% during the 4th quarter. Tradition Wealth Management LLC now owns 777 shares of the company’s stock worth $239,000 after acquiring an additional 70 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA boosted its stake in shares of GE Aerospace by 1,637.5% during the 4th quarter. Comprehensive Financial Planning Inc. PA now owns 278 shares of the company’s stock worth $86,000 after acquiring an additional 262 shares in the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several equities research analysts have recently issued reports on the stock. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Citigroup lowered their target price on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Weiss Ratings lowered shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Daiwa Securities Group initiated coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price on the stock. Finally, Sanford C. Bernstein upped their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $348.22.
GE Aerospace Stock Up 0.3%
GE opened at $328.69 on Friday. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.48. 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 company has a 50-day moving average price of $298.84 and a 200 day moving average price of $306.22. The company has a market cap of $342.93 billion, a PE ratio of 40.48, a price-to-earnings-growth ratio of 2.91 and a beta of 1.37.
GE Aerospace (NYSE:GE – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share 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 firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.
Trending Headlines about GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace’s Commercial Engines unit saw orders surge 93% to $17.3 billion, underscoring strong demand and supporting expectations for continued growth. Strength in Commercial Engines Unit Drives GE Aerospace: A Sign for More Upside?
- Positive Sentiment: The U.S. Air Force awarded GE and Rolls-Royce work on “medium thrust” drone engines, adding another defense-related opportunity for GE Aerospace’s propulsion business. Air Force awards GE, Rolls-Royce for ‘medium thrust’ drone engines
- Positive Sentiment: GE Aerospace qualified 600-volt power systems for next-generation U.S. Army vehicles, highlighting progress in military electrification and creating a potential new revenue stream. GE Aerospace qualifies 600-volt power systems for next-generation US Army vehicles
- Positive Sentiment: British Airways and Air New Zealand chose GE’s GEnx engines for Boeing 787 fleets, which reinforces GE’s position in widebody aircraft engines and suggests airlines are favoring GE over rival Rolls-Royce. Airline Shift To GEnx Engines Puts GE Valuation In Sharper Focus
- Positive Sentiment: GE Aerospace is also drawing bullish commentary from analysts and market watchers who cite its long-term exposure to airlines, transport, and engines as an attractive growth story. Market expert sees opportunity in Toast, GE Aerospace
- Neutral Sentiment: Several broader sector and earnings recap articles continued to highlight GE Aerospace as a strong industrial performer, reinforcing momentum but not adding a specific new catalyst. Q1 Earnings Outperformers: GE Aerospace (NYSE:GE) And The Rest Of The General Industrial Machinery Stocks
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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