GE Aerospace $GE Shares Sold by National Pension Service

National Pension Service lessened its position in GE Aerospace (NYSE:GEFree Report) by 0.7% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 2,374,686 shares of the company’s stock after selling 16,995 shares during the period. National Pension Service owned approximately 0.23% of GE Aerospace worth $731,475,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in the company. Ledyard National Bank lifted its stake in shares of GE Aerospace by 1.2% in the 3rd quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock worth $828,000 after acquiring an additional 33 shares during the period. Hardy Reed LLC lifted its stake in shares of GE Aerospace by 0.7% in the 3rd quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock worth $1,504,000 after acquiring an additional 33 shares during the period. Wolff Wiese Magana LLC boosted its stake in shares of GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after buying an additional 33 shares in the last quarter. Montz Harcus Wealth Management LLC boosted its stake in shares of GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after buying an additional 33 shares in the last quarter. Finally, Darwin Wealth Management LLC boosted its stake in shares of GE Aerospace by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after buying an additional 33 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Analyst Ratings Changes

GE has been the topic of a number of analyst reports. Seaport Research Partners initiated coverage on GE Aerospace in a research note on Tuesday. They issued a “buy” rating and a $375.00 price target on the stock. Citigroup decreased their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. BNP Paribas Exane decreased their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. TD Cowen decreased their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Finally, UBS Group decreased their price target on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $348.22.

Check Out Our Latest Stock Report on GE

GE Aerospace Stock Performance

NYSE GE opened at $320.45 on Friday. GE Aerospace has a fifty-two week low of $232.24 and a fifty-two week high of $348.48. The stock has a market cap of $334.34 billion, a price-to-earnings ratio of 39.46, a price-to-earnings-growth ratio of 2.95 and a beta of 1.36. The business has a fifty day moving average of $295.20 and a 200-day moving average of $305.56. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate 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 period in the prior year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts predict that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

About GE Aerospace

(Free Report)

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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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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