Global Retirement Partners LLC grew its position in GE Aerospace (NYSE:GE – Free Report) by 45.2% during the 4th quarter, HoldingsChannel.com reports. The fund owned 32,351 shares of the company’s stock after buying an additional 10,067 shares during the quarter. Global Retirement Partners LLC’s holdings in GE Aerospace were worth $9,965,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also made changes to their positions in the company. REAP Financial Group LLC purchased a new position in shares of GE Aerospace in the third quarter valued at approximately $25,000. Abich Financial Wealth Management LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $32,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $32,000. Redmont Wealth Advisors LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $36,000. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $38,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.
Analyst Ratings Changes
GE has been the subject of several recent research reports. Citigroup cut their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. President Capital cut their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $355.00 target price on shares of GE Aerospace in a research note on Wednesday. Sanford C. Bernstein raised their target price on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Finally, UBS Group cut their target price 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.22.
Key Headlines Impacting GE Aerospace
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace said its researchers used a generative AI tool to design a preliminary hypersonic ramjet engine in seconds, highlighting a major improvement in engineering speed and potentially boosting its competitive edge in advanced defense programs. GE Aerospace uses generative AI to design hypersonic ramjet in seconds
- Positive Sentiment: The company also completed design studies on the hypersonic ramjet, reinforcing progress in high-performance propulsion technology that could support future government and defense contracts. Press Release: GE completes design studies of hypersonic ramjet
- Positive Sentiment: GE Aerospace was awarded a U.S. Air Force contract for preliminary design review of its GE426 engine for autonomous collaborative platforms, expanding its defense pipeline and validating demand for its small-engine technology. GE Aerospace Awarded U.S. Air Force Contract to Advance GE426 Engine for Autonomous Collaborative Platform
- Positive Sentiment: Analysts and market commentary pointed to strength in GE Aerospace’s Defense & Propulsion unit, with military contract wins and rising defense demand seen as key reasons the stock is moving higher. GE Gains From Strength in Defense & Propulsion Unit: Can It Sustain?
- Positive Sentiment: GE Aerospace also disclosed a long-term Boeing 787 maintenance deal with Japan Airlines, which supports recurring services revenue and adds to the upbeat tone around the business. Japan Airlines Signs 10-Year Boeing 787 Maintenance Deal With GE Aerospace
- Neutral Sentiment: GE Aerospace is investing in manufacturing capacity in India and Mexico, which may improve its supply chain and future output, but these are longer-term operational moves rather than immediate earnings catalysts. GE Aerospace Accelerates India Manufacturing Growth with 100 Crore Pune Investment GE Aerospace invests $41.4 million USD in Mexico to safeguard global engine supply chain
GE Aerospace Trading Up 5.2%
GE opened at $300.11 on Thursday. GE Aerospace has a 52 week low of $228.01 and a 52 week high of $348.48. The business has a fifty day simple moving average of $295.31 and a 200-day simple moving average of $305.42. The firm has a market cap of $313.11 billion, a P/E ratio of 36.96, a P/E/G ratio of 2.65 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.
GE Aerospace (NYSE:GE – Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping 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 business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the business posted $1.49 earnings per share. The company’s quarterly 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. On average, equities analysts expect that GE Aerospace will post 7.46 earnings per share for the current year.
GE Aerospace Company 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.
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