Baader Bank Aktiengesellschaft Sells 5,036 Shares of GE Aerospace $GE

Baader Bank Aktiengesellschaft cut its holdings in GE Aerospace (NYSE:GEFree Report) by 40.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 7,421 shares of the company’s stock after selling 5,036 shares during the period. Baader Bank Aktiengesellschaft’s holdings in GE Aerospace were worth $2,285,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of GE. Vanguard Group Inc. raised its stake in GE Aerospace by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after purchasing an additional 699,364 shares in the last quarter. State Street Corp increased its holdings in shares of GE Aerospace by 0.7% in the third quarter. State Street Corp now owns 44,577,642 shares of the company’s stock worth $13,425,562,000 after buying an additional 308,730 shares during the period. Capital World Investors increased its holdings in shares of GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after buying an additional 2,995,054 shares during the period. Northern Trust Corp increased its holdings in shares of GE Aerospace by 1.8% in the third quarter. Northern Trust Corp now owns 10,296,945 shares of the company’s stock worth $3,097,527,000 after buying an additional 181,316 shares during the period. Finally, Jennison Associates LLC grew its stake in shares of GE Aerospace by 21.5% in the third quarter. Jennison Associates LLC now owns 8,430,878 shares of the company’s stock worth $2,536,177,000 after purchasing an additional 1,494,541 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

Key Stories Impacting GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

GE Aerospace Trading Down 0.9%

Shares of GE Aerospace stock opened at $294.89 on Thursday. The company has a market capitalization of $307.67 billion, a P/E ratio of 36.32, a P/E/G ratio of 2.76 and a beta of 1.36. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The company has a fifty day moving average of $299.34 and a 200 day moving average of $306.18. GE Aerospace has a fifty-two week low of $220.45 and a fifty-two week high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued its 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. The company had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. GE Aerospace’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.49 EPS. 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 7.46 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on GE shares. BNP Paribas Exane raised their target price on GE Aerospace from $290.00 to $300.00 and gave the stock an “underperform” rating in a research note on Wednesday, April 22nd. President Capital lowered their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Daiwa Securities Group began coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Susquehanna restated a “positive” rating and issued a $380.00 price objective on shares of GE Aerospace in a report on Thursday, January 15th. Finally, Jefferies Financial Group set a $365.00 target price on shares of GE Aerospace in a research report on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $349.89.

Get 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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