Mitsubishi UFJ Asset Management UK Ltd. boosted its stake in shares of GE Aerospace (NYSE:GE – Free Report) by 66.7% in the 4th quarter, Holdings Channel reports. The fund owned 5,000 shares of the company’s stock after buying an additional 2,000 shares during the period. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in GE Aerospace were worth $1,540,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors also recently bought and sold shares of the business. REAP Financial Group LLC acquired a new stake in GE Aerospace in the third quarter valued at approximately $25,000. Abich Financial Wealth Management LLC acquired a new stake in GE Aerospace in the third quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the fourth quarter valued at approximately $32,000. Redmont Wealth Advisors LLC acquired a new stake in GE Aerospace in the third quarter valued at approximately $36,000. Finally, Strengthening Families & Communities LLC acquired a new stake in GE Aerospace in the third quarter valued at approximately $38,000. 74.77% of the stock is owned by institutional investors and hedge funds.
GE Aerospace Stock Performance
Shares of NYSE:GE opened at $284.68 on Wednesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The business’s 50 day moving average price is $295.74 and its 200-day moving average price is $305.50. The firm has a market capitalization of $297.02 billion, a PE ratio of 35.06, a P/E/G ratio of 2.66 and a beta of 1.36. GE Aerospace has a 1 year low of $228.01 and a 1 year high of $348.48.
Key Headlines Impacting GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace won a U.S. Air Force contract to advance the GE426 engine for the Autonomous Collaborative Platform program, reinforcing its position in defense propulsion and highlighting new long-term growth opportunities. GE Aerospace Awarded U.S. Air Force Contract to Advance GE426 Engine for Autonomous Collaborative Platform
- Positive Sentiment: The company also disclosed progress on AI-enabled engine design, including a generative-AI tool that helped create a hypersonic ramjet concept far faster than traditional methods, which could improve development speed and competitiveness. GE Aerospace Just Did Something Amazing With AI
- Positive Sentiment: Media reports also highlighted a new 10-year Boeing 787 support deal with Japan Airlines, which should support GE Aerospace’s services revenue and deepen its installed-base monetization. GE Aerospace Expands Defense, Aviation Business With Two Major Deals
- Neutral Sentiment: The stock has also been getting attention from bullish commentary, options activity, and analyst optimism, but these are more sentiment-driven than directly fundamental. Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
- Neutral Sentiment: GE Aerospace also announced additional investment in its Pune, India manufacturing facility, signaling capacity expansion, though the near-term stock impact is less direct. GE Aerospace announces ₹100 crore investment in Pune manufacturing plant
Wall Street Analyst Weigh In
Several analysts have commented on GE shares. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. UBS Group dropped their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. President Capital dropped their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Finally, Daiwa Securities Group started coverage on GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and an average target price of $348.22.
Read 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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