Resona Asset Management Co. Ltd. Trims Position in GE Aerospace $GE

Resona Asset Management Co. Ltd. lessened its position in shares of GE Aerospace (NYSE:GE) by 5.8% in the fourth quarter, Holdings Channel reports. The fund owned 328,145 shares of the company’s stock after selling 20,303 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in GE Aerospace were worth $101,292,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently bought and sold shares of GE. Brighton Jones LLC increased its position in GE Aerospace by 25.3% during the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC increased its position in GE Aerospace by 7.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after buying an additional 150 shares in the last quarter. Sivia Capital Partners LLC increased its position in GE Aerospace by 4.6% in the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after buying an additional 191 shares in the last quarter. Main Street Financial Solutions LLC increased its position in GE Aerospace by 348.6% in the second quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after buying an additional 4,584 shares in the last quarter. Finally, HUB Investment Partners LLC increased its position in GE Aerospace by 4.2% in the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after buying an additional 366 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analyst Ratings Changes

GE has been the subject of a number of analyst reports. President Capital reduced their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Deutsche Bank Aktiengesellschaft upped their price target on GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. JPMorgan Chase & Co. upped their price target on GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Morgan Stanley reduced their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Stock Performance

Shares of GE opened at $285.81 on Tuesday. The stock has a market cap of $298.20 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 2.62 and a beta of 1.36. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The business has a 50-day simple moving average of $296.50 and a two-hundred day simple moving average of $305.70. GE Aerospace has a 52 week low of $228.01 and a 52 week high of $348.48.

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

GE Aerospace News Roundup

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

• Positive Sentiment: Jim Cramer reiterated a bullish view on GE Aerospace, telling investors to “Buy” the stock and highlighting CEO Larry Culp’s leadership, which can reinforce confidence in the company’s turnaround and execution. Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
• Positive Sentiment: Unusual options activity showed a surge in call buying, suggesting traders are positioning for further upside in GE Aerospace shares.
• Positive Sentiment: GE Aerospace announced additional investment in its Pune manufacturing facility in India, signaling ongoing capacity expansion and long-term demand support for its engine and services businesses. GE Aerospace to invest ₹100 crore in Pune manufacturing facility
• Positive Sentiment: Media coverage tied Boeing’s reported China aircraft deal to GE engines, reminding investors that GE Aerospace stands to benefit from aircraft delivery growth regardless of the airframe maker involved. Forget Boeing. Every Plane Trump Just Sold to China Needs a GE Engine and GE Is Already Making Money
• Neutral Sentiment: Brokerage sentiment remains favorable, with GE Aerospace receiving a consensus “Moderate Buy” rating from analysts. GE Aerospace Receives Consensus Recommendation of “Moderate Buy” from Brokerages

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.