National Bank of Canada FI Boosts Holdings in GE Aerospace $GE

National Bank of Canada FI boosted its position in shares of GE Aerospace (NYSE:GE) by 149.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,404,061 shares of the company’s stock after acquiring an additional 841,597 shares during the period. National Bank of Canada FI owned 0.13% of GE Aerospace worth $432,486,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently bought and sold shares of GE. Blueline Advisors LLC purchased a new stake in GE Aerospace during the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace in the fourth quarter worth $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace in the fourth quarter worth $32,000. Redmont Wealth Advisors LLC purchased a new position in shares of GE Aerospace in the third quarter worth $36,000. Finally, Beaird Harris Wealth Management LLC raised its holdings in shares of GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after buying an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Up 2.9%

Shares of GE Aerospace stock opened at $352.10 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The firm has a fifty day moving average price of $305.92 and a 200 day moving average price of $308.18. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $352.88. The stock has a market cap of $367.36 billion, a PE ratio of 43.36, a price-to-earnings-growth ratio of 3.03 and a beta of 1.37.

GE Aerospace (NYSE:GE) last issued its 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 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 analysts’ expectations of $11.61 billion. During the same quarter last year, the company posted $1.49 earnings per share. The firm’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 research analysts predict that GE Aerospace will post 7.48 earnings per share for the current year.

Analysts Set New Price Targets

GE has been the subject of a number of research analyst reports. Daiwa Securities Group initiated coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target for the company. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target for the company. UBS Group decreased their price target on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. TD Cowen decreased their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Company 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.