Intech Investment Management LLC Has $55.73 Million Stake in GE Aerospace $GE

Intech Investment Management LLC raised its position in shares of GE Aerospace (NYSE:GE) by 10.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 180,933 shares of the company’s stock after buying an additional 17,142 shares during the period. GE Aerospace comprises 0.5% of Intech Investment Management LLC’s portfolio, making the stock its 25th biggest position. Intech Investment Management LLC’s holdings in GE Aerospace were worth $55,733,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of GE. REAP Financial Group LLC acquired a new stake 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. Institutional investors and hedge funds own 74.77% of the company’s stock.

Analyst Ratings Changes

A number of analysts recently weighed in on GE shares. Daiwa Securities Group started coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target for the company. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. TD Cowen lowered their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Seaport Research Partners started coverage on shares of GE Aerospace in a report on Tuesday. They issued a “buy” rating and a $375.00 price target for the company. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Price Performance

Shares of GE stock opened at $320.45 on Friday. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The stock has a market cap of $334.34 billion, a PE ratio of 39.46, a PEG ratio of 2.95 and a beta of 1.36. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The firm’s 50 day moving average price is $295.20 and its two-hundred day moving average price is $305.56.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data 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 net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same period last year, the firm earned $1.49 earnings per share. The business’s revenue for the quarter 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, analysts forecast that GE Aerospace will post 7.46 EPS 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.