VIRGINIA RETIREMENT SYSTEMS ET Al Sells 15,520 Shares of GE Aerospace $GE

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its holdings in GE Aerospace (NYSE:GE) by 5.7% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 258,380 shares of the company’s stock after selling 15,520 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in GE Aerospace were worth $79,589,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently bought and sold shares of the business. One Day In July LLC grew its holdings in GE Aerospace by 45.2% in the fourth quarter. One Day In July LLC now owns 2,366 shares of the company’s stock worth $729,000 after purchasing an additional 737 shares during the last quarter. Purkiss Capital Advisors LLC grew its holdings in GE Aerospace by 4.3% in the fourth quarter. Purkiss Capital Advisors LLC now owns 2,196 shares of the company’s stock worth $676,000 after purchasing an additional 90 shares during the last quarter. Meridian Wealth Management LLC grew its holdings in GE Aerospace by 2.6% in the fourth quarter. Meridian Wealth Management LLC now owns 25,217 shares of the company’s stock worth $7,768,000 after purchasing an additional 633 shares during the last quarter. Washington Trust Bank grew its holdings in GE Aerospace by 1,824.4% in the fourth quarter. Washington Trust Bank now owns 20,014 shares of the company’s stock worth $6,165,000 after purchasing an additional 18,974 shares during the last quarter. Finally, Money Concepts Capital Corp grew its holdings in GE Aerospace by 6.1% in the fourth quarter. Money Concepts Capital Corp now owns 5,389 shares of the company’s stock worth $1,660,000 after purchasing an additional 310 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GE. President Capital cut their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. Jefferies Financial Group set a $365.00 price target on shares of GE Aerospace in a report on Sunday, April 26th. JPMorgan Chase & Co. boosted their price objective on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, January 26th. Finally, UBS Group dropped their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $349.89.

GE Aerospace Price Performance

Shares of GE opened at $297.51 on Wednesday. The firm has a market capitalization of $310.40 billion, a PE ratio of 36.64, a price-to-earnings-growth ratio of 2.80 and a beta of 1.36. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. GE Aerospace has a 1-year low of $219.30 and a 1-year high of $348.48. The company’s fifty day moving average price is $300.37 and its 200-day moving average price is $306.26.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities research analysts predict that GE Aerospace will post 7.46 EPS for the current year.

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.