Deutsche Bank AG lessened its position in GE Aerospace (NYSE:GE – Free Report) by 0.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,752,874 shares of the company’s stock after selling 6,184 shares during the quarter. Deutsche Bank AG’s holdings in GE Aerospace were worth $847,968,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also made changes to their positions in GE. REAP Financial Group LLC purchased a new position in shares of GE Aerospace in the third quarter valued at approximately $25,000. Blueline Advisors LLC purchased a new position in shares of GE Aerospace in the fourth quarter valued at approximately $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of GE Aerospace in the third quarter valued at approximately $32,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace in the fourth quarter valued at approximately $32,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of GE Aerospace in the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.
GE Aerospace Trading Up 2.6%
Shares of NYSE GE opened at $330.48 on Wednesday. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.48. 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 stock has a fifty day simple moving average of $300.52 and a 200-day simple moving average of $306.65. The stock has a market capitalization of $344.80 billion, a PE ratio of 40.70, a PEG ratio of 2.85 and a beta of 1.37.
Key GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace and Wolfspeed announced a strategic collaboration to accelerate high-voltage silicon carbide adoption, a move that could strengthen GE’s next-generation aerospace and defense technology pipeline. GE Aerospace and Wolfspeed Collaborate to Accelerate High-Voltage Silicon Carbide (SiC) Adoption
- Positive Sentiment: GE Aerospace completed a successful ground test of a megawatt-class hybrid-electric engine system, reinforcing its push into more efficient propulsion technologies and long-term innovation leadership. GE Aerospace Celebrates Successful First Ground Test of Megawatt-Class Hybrid Electric Engine System
- Positive Sentiment: CEO Larry Culp said China’s plan to buy 200 Boeing jets may signal a reopening of the market, which could help GE Aerospace increase engine and services opportunities tied to future aircraft sales. GE Aerospace (GE) Anticipates More China Deals Following Trump-Xi Summit
- Neutral Sentiment: Market commentary noted renewed attention on Boeing and GE Aerospace as the commercial aerospace recovery continues to take shape, supporting the view that demand trends remain constructive. Boeing & GE Aerospace Draw Focus As Recovery Takes Shape
- Neutral Sentiment: GE Aerospace was also mentioned in broader aerospace ETF coverage and industry analysis, but these items were more about sector positioning than a direct company-specific catalyst. ITA Investors: Watch These Two Events Over the Next 30 Days
- Negative Sentiment: Recent trading also showed some weakness in GE Aerospace shares during the prior session, suggesting investors are still balancing upbeat long-term news against near-term market volatility. GE Aerospace (GE) Stock Sinks As Market Gains: What You Should Know
Analysts Set New Price Targets
GE has been the topic of a number of analyst reports. BNP Paribas Exane reduced their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Morgan Stanley cut their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Daiwa Securities Group began coverage on GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. Finally, UBS Group reduced their price target on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.22.
View Our Latest Stock Report on GE
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.
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