Northwestern Mutual Wealth Management Co. Buys 6,530 Shares of GE Aerospace $GE

Key Points

• Northwestern Mutual Wealth Management increased its GE Aerospace stake by 4.6% in the fourth quarter, buying 6,530 additional shares and bringing its total holding to 148,536 shares worth about $45.8 million.
• GE Aerospace remains heavily owned by institutions, with roughly 74.77% of shares held by institutional investors; several large funds, including Vanguard, State Street, and Geode, also boosted their positions recently.
• The company reported strong quarterly results, beating EPS expectations at $1.86 versus $1.60 expected, while revenue grew 24.6% year over year; analysts currently rate the stock a “Moderate Buy” with a consensus price target of $348.22.

Northwestern Mutual Wealth Management Co. lifted its stake in shares of GE Aerospace (NYSE:GE - Free Report) by 4.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 148,536 shares of the company's stock after acquiring an additional 6,530 shares during the quarter. Northwestern Mutual Wealth Management Co.'s holdings in GE Aerospace were worth $45,754,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in GE Aerospace by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company's stock worth $28,564,097,000 after purchasing an additional 699,364 shares in the last quarter. State Street Corp increased its holdings in GE Aerospace by 0.7% in the third quarter. State Street Corp now owns 44,577,642 shares of the company's stock worth $13,425,562,000 after purchasing an additional 308,730 shares in the last quarter. Geode Capital Management LLC increased its holdings in GE Aerospace by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company's stock worth $7,615,200,000 after purchasing an additional 312,880 shares in the last quarter. Capital World Investors increased its holdings in GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company's stock worth $6,449,731,000 after purchasing an additional 2,995,054 shares in the last quarter. Finally, Northern Trust Corp increased its holdings in GE Aerospace by 1.8% in the third quarter. Northern Trust Corp now owns 10,296,945 shares of the company's stock worth $3,097,527,000 after purchasing an additional 181,316 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Up 0.8%

GE stock opened at $323.45 on Friday. The firm has a market capitalization of $337.46 billion, a PE ratio of 39.83, a P/E/G ratio of 3.00 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 has a twelve month low of $232.24 and a twelve month high of $348.48. The stock's 50 day moving average is $295.66 and its 200-day moving average is $305.69.

GE Aerospace (NYSE:GE - Get Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.GE Aerospace's revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts expect that GE Aerospace will post 7.47 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have weighed in on the company. Royal Bank Of Canada reiterated an "outperform" rating and issued a $355.00 target price on shares of GE Aerospace in a report on Wednesday, May 20th. Wells Fargo & Company assumed coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an "overweight" rating and a $325.00 target price for the company. BNP Paribas Exane lowered their target price on GE Aerospace from $300.00 to $270.00 and set an "underperform" rating for the company in a report on Thursday, May 14th. Daiwa Securities Group initiated coverage on GE Aerospace in a report on Tuesday, March 31st. They set a "neutral" rating and a $301.00 price objective for the company. Finally, Seaport Research Partners began coverage on GE Aerospace in a research report on Tuesday. They set a "buy" rating and a $375.00 target price on the stock. 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 given a Sell rating to the stock. According to MarketBeat, GE Aerospace has a consensus rating of "Moderate Buy" and a consensus price target of $348.22.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: GE Aerospace is investing heavily in MRO capacity and manufacturing expansion to support long-term engine demand, which could strengthen future revenue and earnings growth. Can GE's Growth Investments Create Long-Term Value for Investors?
• Positive Sentiment: Jim Cramer and other market commentators reiterated a bullish view on GE Aerospace, adding to the stock’s momentum and investor interest. Cramer's lightning round: Buy GE Aerospace
• Positive Sentiment: The stock has been outperforming the S&P 500 and continues to draw strong analyst attention, suggesting investors remain confident in GE Aerospace’s fundamentals. Is GE Aerospace Stock Outperforming the S&P 500?
• Positive Sentiment: Zacks noted GE Aerospace recently rose faster than the market, reflecting continued buying interest after strong recent trading. GE Aerospace (GE) Rises Higher Than Market: Key Facts
• Neutral Sentiment: Several articles simply noted that GE Aerospace is among the most-watched stocks, which may reflect interest but does not add new company-specific catalysts. Is Most-Watched Stock GE Aerospace (GE) Worth Betting on Now?
• Neutral Sentiment: GE Aerospace also appeared in a broader market discussion about stocks and the economy, but that article did not provide meaningful new information specific to the company. Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise

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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