Payden & Rygel Sells 16,600 Shares of GE Aerospace $GE

Key Points

• Payden & Rygel reduced its GE Aerospace stake by 18.1% in the fourth quarter, selling 16,600 shares and leaving it with 75,300 shares valued at about $23.2 million.
• Institutional ownership remains high, with hedge funds and other large investors actively adding to or trimming positions; institutions collectively own 74.77% of GE Aerospace shares.
• GE Aerospace continues to draw positive analyst and market attention, with a consensus “Moderate Buy” rating, a recent earnings beat, and ongoing headlines around expansion plans and bullish trader sentiment.

Payden & Rygel lowered its stake in shares of GE Aerospace (NYSE:GE - Free Report) by 18.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 75,300 shares of the company's stock after selling 16,600 shares during the period. GE Aerospace accounts for 1.6% of Payden & Rygel's holdings, making the stock its 14th biggest position. Payden & Rygel's holdings in GE Aerospace were worth $23,195,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently made changes to their positions in GE. Phoenix Financial Ltd. raised its holdings in shares of GE Aerospace by 34.3% in the 3rd quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company's stock valued at $6,808,000 after purchasing an additional 5,775 shares during the period. Integrity Financial Corp WA bought a new stake in GE Aerospace in the 3rd quarter valued at $481,000. Prime Capital Investment Advisors LLC raised its stake in GE Aerospace by 23.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company's stock valued at $15,373,000 after acquiring an additional 9,750 shares during the period. HORAN Wealth LLC raised its stake in GE Aerospace by 667.0% in the 3rd quarter. HORAN Wealth LLC now owns 10,194 shares of the company's stock valued at $3,066,000 after acquiring an additional 8,865 shares during the period. Finally, Prospera Financial Services Inc raised its stake in GE Aerospace by 18.1% in the 3rd quarter. Prospera Financial Services Inc now owns 47,706 shares of the company's stock valued at $14,354,000 after acquiring an additional 7,315 shares during the period. Institutional investors and hedge funds own 74.77% of the company's stock.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: Jim Cramer reiterated a bullish view on GE Aerospace, telling investors to “Buy” the stock and highlighting CEO Larry Culp’s leadership, which can reinforce confidence in the company’s turnaround and execution. Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
• Positive Sentiment: Unusual options activity showed a surge in call buying, suggesting traders are positioning for further upside in GE Aerospace shares.
• Positive Sentiment: GE Aerospace announced additional investment in its Pune manufacturing facility in India, signaling ongoing capacity expansion and long-term demand support for its engine and services businesses. GE Aerospace to invest ₹100 crore in Pune manufacturing facility
• Positive Sentiment: Media coverage tied Boeing’s reported China aircraft deal to GE engines, reminding investors that GE Aerospace stands to benefit from aircraft delivery growth regardless of the airframe maker involved. Forget Boeing. Every Plane Trump Just Sold to China Needs a GE Engine and GE Is Already Making Money
• Neutral Sentiment: Brokerage sentiment remains favorable, with GE Aerospace receiving a consensus “Moderate Buy” rating from analysts. GE Aerospace Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Analysts Set New Price Targets

GE has been the topic of a number of research analyst reports. UBS Group dropped their price target on GE Aerospace from $357.00 to $350.00 and set a "buy" rating on the stock in a research note on Wednesday, April 22nd. Jefferies Financial Group set a $365.00 price target on GE Aerospace in a research note on Sunday, April 26th. Wall Street Zen cut GE Aerospace from a "buy" rating to a "hold" rating in a research note on Monday, April 27th. Sanford C. Bernstein increased their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an "outperform" rating in a report on Tuesday, March 3rd. Finally, President Capital lowered their price target on shares of GE Aerospace from $355.00 to $342.00 and set a "buy" rating on the stock in a report on Wednesday, April 22nd. One investment 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 issued a Sell rating to the company. Based on data from MarketBeat.com, GE Aerospace currently has an average rating of "Moderate Buy" and an average target price of $348.22.

GE Aerospace Stock Up 1.5%

GE stock opened at $285.81 on Tuesday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The stock has a market capitalization of $298.20 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 2.62 and a beta of 1.36. The business's fifty day moving average price is $296.50 and its two-hundred day moving average price is $305.70. GE Aerospace has a fifty-two week low of $228.01 and a fifty-two week high of $348.48.

GE Aerospace (NYSE:GE - Get Free Report) last posted its quarterly earnings data 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. The firm had revenue of $11.61 billion for the quarter, compared to analysts' expectations 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% compared to the same quarter last year. During the same quarter last year, the business earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts anticipate that GE Aerospace will post 7.46 earnings per share 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.

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