Swedbank AB Boosts Stock Holdings in GE Aerospace $GE

Swedbank AB increased its position in shares of GE Aerospace (NYSE:GE) by 16.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 361,015 shares of the company’s stock after purchasing an additional 50,984 shares during the period. Swedbank AB’s holdings in GE Aerospace were worth $111,203,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Ledyard National Bank increased its position in GE Aerospace by 1.2% during the third quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock worth $828,000 after buying an additional 33 shares in the last quarter. Hardy Reed LLC increased its position in GE Aerospace by 0.7% during the third quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock worth $1,504,000 after buying an additional 33 shares in the last quarter. Wolff Wiese Magana LLC increased its position in GE Aerospace by 1.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after buying an additional 33 shares in the last quarter. Montz Harcus Wealth Management LLC increased its position in GE Aerospace by 3.6% during the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after buying an additional 33 shares in the last quarter. Finally, Darwin Wealth Management LLC increased its position in GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after buying an additional 33 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Stock Up 0.1%

Shares of GE Aerospace stock opened at $302.13 on Friday. The company has a fifty day moving average price of $294.35 and a 200 day moving average price of $305.35. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. GE Aerospace has a twelve month low of $228.01 and a twelve month high of $348.48. The stock has a market cap of $315.22 billion, a price-to-earnings ratio of 37.21, a price-to-earnings-growth ratio of 2.81 and a beta of 1.36.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the business posted $1.49 EPS. The firm’s 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. Equities research analysts forecast that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. JPMorgan Chase & Co. lifted their target price on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research note on Monday, January 26th. President Capital lowered their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research note on Wednesday. Jefferies Financial Group set a $365.00 target price on shares of GE Aerospace in a research note on Sunday, April 26th. Finally, Daiwa Securities Group assumed coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price 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.