Van Lanschot Kempen Investment Management N.V. Acquires 5,065 Shares of GE Aerospace $GE

Van Lanschot Kempen Investment Management N.V. lifted its holdings in GE Aerospace (NYSE:GEFree Report) by 7.4% in the fourth quarter, HoldingsChannel reports. The fund owned 73,193 shares of the company’s stock after buying an additional 5,065 shares during the period. Van Lanschot Kempen Investment Management N.V.’s holdings in GE Aerospace were worth $22,546,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the business. Vanguard Group Inc. lifted its holdings in shares of GE Aerospace by 0.8% in the 4th 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. State Street Corp lifted its holdings in shares of GE Aerospace by 0.7% in the 3rd quarter. State Street Corp now owns 44,577,642 shares of the company’s stock worth $13,425,562,000 after acquiring an additional 308,730 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of GE Aerospace by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock worth $7,615,200,000 after acquiring an additional 312,880 shares during the last quarter. Capital World Investors lifted its holdings in shares of GE Aerospace by 16.2% in the 3rd 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. Finally, Norges Bank bought a new stake in shares of GE Aerospace in the 4th quarter worth approximately $4,444,736,000. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Up 0.6%

Shares of GE Aerospace stock opened at $334.89 on Friday. 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 company’s fifty day simple moving average is $303.27 and its two-hundred day simple moving average is $307.36. The company has a market cap of $349.40 billion, a P/E ratio of 41.24, a PEG ratio of 2.95 and a beta of 1.37. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued 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. The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

Trending Headlines about GE Aerospace

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Wall Street Analysts Forecast Growth

A number of research firms recently commented on GE. Wells Fargo & Company began coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. President Capital lowered their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. BNP Paribas Exane lowered their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Finally, Seaport Research Partners began coverage on shares of GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. One 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 issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $348.22.

Get Our Latest Stock Analysis on GE Aerospace

GE Aerospace Profile

(Free Report)

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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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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