Senator Investment Group LP Has $46.20 Million Holdings in GE Aerospace $GE

Senator Investment Group LP lessened its holdings in GE Aerospace (NYSE:GE) by 10.4% during the fourth quarter, HoldingsChannel reports. The fund owned 150,000 shares of the company’s stock after selling 17,500 shares during the quarter. GE Aerospace accounts for about 1.9% of Senator Investment Group LP’s investment portfolio, making the stock its 16th biggest holding. Senator Investment Group LP’s holdings in GE Aerospace were worth $46,204,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently made changes to their positions in GE. Norges Bank acquired a new stake in shares of GE Aerospace in the 4th quarter worth about $4,444,736,000. Capital World Investors raised its holdings in shares of GE Aerospace by 16.2% in the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after acquiring an additional 2,995,054 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of GE Aerospace by 1,200.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock worth $568,935,000 after acquiring an additional 1,705,005 shares during the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of GE Aerospace in the 3rd quarter worth about $285,263,000. Finally, Vanguard Group Inc. raised its holdings in shares of GE Aerospace by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after acquiring an additional 699,364 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Trading Up 2.1%

Shares of GE stock opened at $342.40 on Tuesday. The company has a 50 day moving average of $304.50 and a 200-day moving average of $307.80. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.90. The firm has a market cap of $357.24 billion, a P/E ratio of 42.17, a PEG ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GE) 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 net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter last year, the business posted $1.49 EPS. GE Aerospace’s quarterly 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. Sell-side analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on GE. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Wells Fargo & Company began coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price on the stock. TD Cowen lowered their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a report on Wednesday, May 20th. Finally, Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One 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 given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $348.22.

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.