Capital Research Global Investors Sells 1,624,412 Shares of GE Aerospace $GE

Capital Research Global Investors reduced its stake in GE Aerospace (NYSE:GE - Free Report) by 6.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,730,296 shares of the company's stock after selling 1,624,412 shares during the period. GE Aerospace accounts for 1.4% of Capital Research Global Investors' holdings, making the stock its 15th biggest holding. Capital Research Global Investors owned 2.36% of GE Aerospace worth $7,617,725,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. REAP Financial Group LLC bought a new stake in shares of GE Aerospace during the third quarter worth about $25,000. Blueline Advisors LLC bought a new stake in shares of GE Aerospace during the fourth quarter worth about $25,000. Abich Financial Wealth Management LLC bought a new stake in shares of GE Aerospace during the third quarter worth about $32,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace during the fourth quarter worth about $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of GE Aerospace during the third quarter worth about $36,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on GE. President Capital decreased their target price on shares of GE Aerospace from $355.00 to $342.00 and set a "buy" rating for the company in a research report on Wednesday, April 22nd. Morgan Stanley decreased their target price on shares of GE Aerospace from $425.00 to $400.00 and set an "overweight" rating for the company in a research report on Wednesday, April 22nd. BNP Paribas Exane decreased their target price on shares of GE Aerospace from $300.00 to $270.00 and set an "underperform" rating for the company in a research report on Thursday, May 14th. Seaport Research Partners began coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They set a "buy" rating and a $375.00 target price for the company. Finally, Zacks Research downgraded shares of GE Aerospace from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, GE Aerospace presently has an average rating of "Moderate Buy" and an average target price of $348.22.

GE Aerospace News Roundup

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace’s Commercial Engines unit saw orders surge 93% to $17.3 billion, underscoring strong demand and supporting expectations for continued growth. Strength in Commercial Engines Unit Drives GE Aerospace: A Sign for More Upside?
• Positive Sentiment: The U.S. Air Force awarded GE and Rolls-Royce work on “medium thrust” drone engines, adding another defense-related opportunity for GE Aerospace’s propulsion business. Air Force awards GE, Rolls-Royce for ‘medium thrust’ drone engines
• Positive Sentiment: GE Aerospace qualified 600-volt power systems for next-generation U.S. Army vehicles, highlighting progress in military electrification and creating a potential new revenue stream. GE Aerospace qualifies 600-volt power systems for next-generation US Army vehicles
• Positive Sentiment: British Airways and Air New Zealand chose GE’s GEnx engines for Boeing 787 fleets, which reinforces GE’s position in widebody aircraft engines and suggests airlines are favoring GE over rival Rolls-Royce. Airline Shift To GEnx Engines Puts GE Valuation In Sharper Focus
• Positive Sentiment: GE Aerospace is also drawing bullish commentary from analysts and market watchers who cite its long-term exposure to airlines, transport, and engines as an attractive growth story. Market expert sees opportunity in Toast, GE Aerospace
• Neutral Sentiment: Several broader sector and earnings recap articles continued to highlight GE Aerospace as a strong industrial performer, reinforcing momentum but not adding a specific new catalyst. Q1 Earnings Outperformers: GE Aerospace NYSE: GE And The Rest Of The General Industrial Machinery Stocks

GE Aerospace Stock Up 0.3%

GE Aerospace stock opened at $328.69 on Friday. GE Aerospace has a fifty-two week low of $232.24 and a fifty-two week high of $348.48. The stock has a market cap of $342.93 billion, a PE ratio of 40.48, a price-to-earnings-growth ratio of 2.91 and a beta of 1.37. The firm's 50-day simple moving average is $298.84 and its 200 day simple moving average is $306.22. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GE - Get Free Report) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion for the quarter, compared to analysts' expectations of $11.61 billion. During the same period in the previous year, the company earned $1.49 earnings per share. The firm's revenue for the quarter was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts predict that GE Aerospace will post 7.48 EPS for the current fiscal 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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