MML Investors Services LLC Purchases 3,698 Shares of GE Aerospace $GE

MML Investors Services LLC lifted its position in shares of GE Aerospace (NYSE:GE) by 2.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 184,476 shares of the company’s stock after acquiring an additional 3,698 shares during the quarter. MML Investors Services LLC’s holdings in GE Aerospace were worth $56,824,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in GE. Norges Bank bought a new stake in shares of GE Aerospace during the fourth quarter worth $4,444,736,000. Capital World Investors raised its position in shares of GE Aerospace by 16.2% during 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 last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of GE Aerospace by 1,200.7% during 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 last quarter. CIBC Bancorp USA Inc. bought a new stake in shares of GE Aerospace during the third quarter worth $285,263,000. Finally, Vanguard Group Inc. raised its position in shares of GE Aerospace by 0.8% during 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 last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 2.1%

NYSE:GE 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 company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock has a market cap of $357.24 billion, a price-to-earnings ratio of 42.17, a PEG ratio of 2.97 and a beta of 1.37. The stock has a 50-day moving average price of $304.50 and a two-hundred day moving average price of $307.80.

GE Aerospace (NYSE:GE) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $11.61 billion. During the same period in the previous year, the firm earned $1.49 earnings per share. The company’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts expect that GE Aerospace will post 7.48 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on GE shares. Wells Fargo & Company started coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective for the company. Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. UBS Group decreased their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Finally, BNP Paribas Exane decreased their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. One 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 assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $348.22.

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.