GE Aerospace $GE Shares Bought by Sumitomo Mitsui DS Asset Management Company Ltd

Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of GE Aerospace (NYSE:GE - Free Report) by 2.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 149,565 shares of the company's stock after buying an additional 3,751 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd's holdings in GE Aerospace were worth $46,071,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of GE Aerospace by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company's stock valued at $28,564,097,000 after purchasing an additional 699,364 shares in the last quarter. State Street Corp increased its holdings in shares of GE Aerospace by 0.7% in the third quarter. State Street Corp now owns 44,577,642 shares of the company's stock valued at $13,425,562,000 after purchasing an additional 308,730 shares during the last quarter. Capital World Investors lifted its position in 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 buying an additional 2,995,054 shares in the last quarter. Northern Trust Corp lifted its position in GE Aerospace by 1.8% during the third quarter. Northern Trust Corp now owns 10,296,945 shares of the company's stock worth $3,097,527,000 after buying an additional 181,316 shares in the last quarter. Finally, Jennison Associates LLC boosted its stake in GE Aerospace by 21.5% during the third quarter. Jennison Associates LLC now owns 8,430,878 shares of the company's stock worth $2,536,177,000 after buying an additional 1,494,541 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace News Summary

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

• Positive Sentiment: GE signed an F404 engine deal with Türkiye’s TAI to power the country’s advanced jet trainer — a direct commercial win that supports aftermarket revenue, production cadence and geopolitical diversification for GE Aerospace. TAI, GE Aerospace ink F404 engine deal for Türkiye's advanced jet trainer
• Positive Sentiment: Recent quarterly results and outlook remain a tailwind: GE Aerospace beat EPS estimates, reported strong year‑over‑year revenue growth, and set FY‑2026 EPS guidance (7.10–7.40), supporting higher valuation expectations and investor confidence. (Company reports)
• Positive Sentiment: Heightened investor interest in defense names — including reported congressional buying and signs of stabilization in aerospace & defense ETFs — is lifting the group and benefiting prime defense suppliers like GE Aerospace. Congressman Buys Defense Stocks As Middle East Tensions Continues: Here Are The Companies Defense Stocks Are Stabilizing. When to Buy.
• Neutral Sentiment: Market commentary is mixed on valuation — some analysts ask whether GE’s strong multi‑year rally leaves upside limited in the near term, making the stock more sensitive to execution and guidance beats. Is It Too Late To Consider General Electric (GE) After Its Strong Multi Year Rally?
• Neutral Sentiment: Leadership change: Gayatri Rath has exited GE Aerospace after five years; this appears to be a routine personnel move rather than a strategic shift, but investors will watch any follow‑up on succession and continuity. Gayatri Rath exits GE Aerospace after five-year stint
• Negative Sentiment: Technicals and valuation risks: the stock still trades below its 50‑ and 200‑day moving averages and carries a relatively rich P/E and PEG versus some industrial peers, leaving room for short‑term pullbacks if broader market sentiment cools.

Analyst Ratings Changes

GE has been the subject of several analyst reports. TD Cowen dropped their target price on GE Aerospace from $350.00 to $330.00 and set a "buy" rating for the company in a report on Wednesday, April 8th. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a "neutral" rating and a $301.00 price target on the stock. Wells Fargo & Company assumed coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They issued an "overweight" rating and a $325.00 price objective for the company. Susquehanna restated a "positive" rating and set a $380.00 price objective on shares of GE Aerospace in a research report on Thursday, January 15th. Finally, Zacks Research downgraded shares of GE Aerospace from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace currently has a consensus rating of "Moderate Buy" and a consensus target price of $349.89.

GE Aerospace Price Performance

GE stock opened at $286.81 on Wednesday. GE Aerospace has a 52-week low of $205.92 and a 52-week high of $348.48. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market cap of $299.24 billion, a price-to-earnings ratio of 35.32, a price-to-earnings-growth ratio of 2.61 and a beta of 1.36. The business has a fifty day moving average of $304.50 and a two-hundred day moving average of $306.28.

GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company's quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, research analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current year.

GE Aerospace Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, April 27th. Shareholders of record on Monday, March 9th were paid a dividend of $0.47 per share. This represents a $1.88 annualized dividend and a yield of 0.7%. This is a boost from GE Aerospace's previous quarterly dividend of $0.36. The ex-dividend date of this dividend was Monday, March 9th. GE Aerospace's payout ratio is 23.15%.

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.

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