GE Aerospace $GE Shares Sold by Swiss Life Asset Management Ltd

Swiss Life Asset Management Ltd reduced its position in GE Aerospace (NYSE:GE) by 21.7% in the 4th quarter, Holdings Channel reports. The firm owned 341,089 shares of the company’s stock after selling 94,640 shares during the quarter. Swiss Life Asset Management Ltd’s holdings in GE Aerospace were worth $105,066,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Sentry Investment Management LLC increased its stake in shares of GE Aerospace by 2.5% in the 4th quarter. Sentry Investment Management LLC now owns 2,771 shares of the company’s stock worth $854,000 after acquiring an additional 68 shares during the last quarter. Kepler Cheuvreux Suisse SA increased its stake in shares of GE Aerospace by 855.0% in the 4th quarter. Kepler Cheuvreux Suisse SA now owns 64,262 shares of the company’s stock worth $19,795,000 after acquiring an additional 57,533 shares during the last quarter. Drive Wealth Management LLC increased its stake in shares of GE Aerospace by 20.2% in the 4th quarter. Drive Wealth Management LLC now owns 3,821 shares of the company’s stock worth $1,178,000 after acquiring an additional 641 shares during the last quarter. Pure Financial Advisors LLC increased its stake in shares of GE Aerospace by 17.5% in the 4th quarter. Pure Financial Advisors LLC now owns 5,076 shares of the company’s stock worth $1,564,000 after acquiring an additional 755 shares during the last quarter. Finally, Income Insurance Ltd acquired a new stake in shares of GE Aerospace in the 4th quarter worth $987,000. 74.77% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: GE Aerospace won a new contract to supply F404 engines to Turkish Aerospace Industries, strengthening its defense exposure and international presence. GE Aerospace Deal With Turkey Adds New Layer To GE Valuation Story
• Positive Sentiment: Analyst commentary remains broadly bullish, with recent articles saying GE Aerospace has been unfairly punished and may be a buying opportunity given its strong core business and backlog. GE Aerospace Stock Has Been Unfairly Punished
• Positive Sentiment: Wall Street coverage continues to describe GE Aerospace as a favored industrial name, with analysts maintaining a bullish outlook despite recent volatility. Do Wall Street Analysts Like GE Aerospace Stock?
• Neutral Sentiment: Shareholders approved board and compensation-related matters at the annual meeting, which is routine governance news and unlikely to move the stock on its own. GE Aerospace Shareholders Back Board, Pay and Incentive Plans
• Neutral Sentiment: Broader manufacturing and labor productivity data may be supportive for industrial names like GE Aerospace, but the market impact is indirect and limited. U.S. Labor Productivity Rises 0.8% in Q1 as Jobless Claims Fall to 200,000
• Negative Sentiment: Recent commentary notes the stock has been pressured by concerns around Middle East tensions and earlier demand-growth worries, which help explain why investors have been cautious despite the company’s solid fundamentals. GE Aerospace stock outperforms competitors on strong trading day

GE Aerospace Stock Down 0.1%

Shares of NYSE:GE opened at $296.91 on Monday. The business has a 50-day moving average price of $302.98 and a 200 day moving average price of $306.34. 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 company has a market capitalization of $309.78 billion, a price-to-earnings ratio of 36.57, a PEG ratio of 2.76 and a beta of 1.36. GE Aerospace has a 12-month low of $211.15 and a 12-month high of $348.48.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the company earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts expect that GE Aerospace will post 7.46 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on GE shares. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Citigroup cut their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Susquehanna reaffirmed a “positive” rating and issued a $380.00 target price on shares of GE Aerospace in a research note on Thursday, January 15th. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, Wells Fargo & Company started coverage on GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and an average target price of $349.89.

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.