Cynosure Group LLC Decreases Position in GE Aerospace $GE

Cynosure Group LLC cut its position in GE Aerospace (NYSE:GE) by 35.0% in the 4th quarter, Holdings Channel reports. The institutional investor owned 35,395 shares of the company’s stock after selling 19,033 shares during the quarter. GE Aerospace accounts for approximately 0.5% of Cynosure Group LLC’s investment portfolio, making the stock its 20th biggest holding. Cynosure Group LLC’s holdings in GE Aerospace were worth $10,903,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of GE. Norges Bank purchased a new position in GE Aerospace in the fourth quarter worth about $4,444,736,000. Capital World Investors grew its stake in shares of GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after acquiring an additional 2,995,054 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of GE Aerospace by 1,200.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock worth $568,935,000 after acquiring an additional 1,705,005 shares during the period. CIBC Bancorp USA Inc. bought a new stake in shares of GE Aerospace in the third quarter worth approximately $285,263,000. Finally, Vanguard Group Inc. grew its stake in shares of GE Aerospace by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after acquiring an additional 699,364 shares during the period. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace Stock Performance

Shares of NYSE GE opened at $342.40 on Tuesday. The firm has a 50 day moving average of $304.50 and a 200 day moving average of $307.80. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The firm has a market capitalization of $357.24 billion, a price-to-earnings ratio of 42.17, a price-to-earnings-growth ratio of 2.97 and a beta of 1.37. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.90.

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. The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on GE shares. Daiwa Securities Group started coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target for the company. President Capital reduced their price target 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. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Wells Fargo & Company started coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target for the company. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target 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.