Ilmarinen Mutual Pension Insurance Co Makes New $18.79 Million Investment in GE Aerospace $GE

Ilmarinen Mutual Pension Insurance Co bought a new position in shares of GE Aerospace (NYSE:GE) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 61,000 shares of the company’s stock, valued at approximately $18,790,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Integrity Financial Corp WA bought a new position in shares of GE Aerospace during the 3rd quarter worth approximately $481,000. Prime Capital Investment Advisors LLC lifted its position in shares of GE Aerospace by 23.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after buying an additional 9,750 shares in the last quarter. HORAN Wealth LLC lifted its position in shares of GE Aerospace by 667.0% during the 3rd quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after buying an additional 8,865 shares in the last quarter. Prospera Financial Services Inc increased its stake in shares of GE Aerospace by 18.1% during the 3rd quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after purchasing an additional 7,315 shares during the last quarter. Finally, Allworth Financial LP increased its stake in shares of GE Aerospace by 7.6% during the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after purchasing an additional 5,434 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

GE has been the subject of several research analyst reports. Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a research note on Wednesday. Daiwa Securities Group initiated coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company. Sanford C. Bernstein raised their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Finally, TD Cowen decreased their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace Trading Up 1.0%

Shares of GE stock opened at $320.45 on Friday. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48. The firm has a market cap of $334.34 billion, a P/E ratio of 39.46, a PEG ratio of 2.95 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 company has a 50 day moving average of $295.20 and a 200-day moving average of $305.56.

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, beating 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 business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period in the previous year, the business earned $1.49 EPS. GE Aerospace’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. Sell-side analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current year.

About GE Aerospace

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.