Rakuten Investment Management Inc. Sells 30,488 Shares of GE Aerospace $GE

Rakuten Investment Management Inc. reduced its position in GE Aerospace (NYSE:GE) by 18.0% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 138,999 shares of the company’s stock after selling 30,488 shares during the period. Rakuten Investment Management Inc.’s holdings in GE Aerospace were worth $43,309,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of GE. Norges Bank bought a new position in shares of GE Aerospace in the 4th quarter worth $4,444,736,000. Capital World Investors lifted its holdings in shares of GE Aerospace by 16.2% in the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after purchasing an additional 2,995,054 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of GE Aerospace by 1,200.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock worth $568,935,000 after purchasing an additional 1,705,005 shares in the last quarter. CIBC Bancorp USA Inc. bought a new position in shares of GE Aerospace in the 3rd quarter worth $285,263,000. Finally, Vanguard Group Inc. lifted its holdings in shares of GE Aerospace by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after purchasing an additional 699,364 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on GE shares. Wells Fargo & Company assumed coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. BNP Paribas Exane dropped their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Sanford C. Bernstein boosted their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Finally, Seaport Research Partners started coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company. One equities 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 company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Trading Up 2.1%

Shares of GE Aerospace stock opened at $342.40 on Tuesday. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.90. The firm has a market cap of $357.24 billion, a PE ratio of 42.17, a P/E/G ratio of 2.97 and a beta of 1.37. The stock has a fifty day moving average price of $304.50 and a 200-day moving average price of $307.80. 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 (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the firm posted $1.49 EPS. The business’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 anticipate that GE Aerospace will post 7.48 EPS for the current year.

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.