Mitsubishi UFJ Asset Management UK Ltd. Grows Stock Position in GE Aerospace $GE

Mitsubishi UFJ Asset Management UK Ltd. raised its holdings in GE Aerospace (NYSE:GE) by 66.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 5,000 shares of the company’s stock after buying an additional 2,000 shares during the quarter. Mitsubishi UFJ Asset Management UK Ltd.’s holdings in GE Aerospace were worth $1,540,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GE. Phoenix Financial Ltd. raised its stake in shares of GE Aerospace by 34.3% in the third quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock worth $6,808,000 after purchasing an additional 5,775 shares during the last quarter. Integrity Financial Corp WA purchased a new position in shares of GE Aerospace in the third quarter worth about $481,000. Prime Capital Investment Advisors LLC raised its stake in shares of GE Aerospace by 23.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after purchasing an additional 9,750 shares during the last quarter. HORAN Wealth LLC raised its stake in shares of GE Aerospace by 667.0% in the third quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after purchasing an additional 8,865 shares during the last quarter. Finally, Prospera Financial Services Inc raised its stake in shares of GE Aerospace by 18.1% in the third quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after purchasing an additional 7,315 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

More GE Aerospace News

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

• Positive Sentiment: GE Aerospace won a U.S. Air Force contract to advance the GE426 engine for the Autonomous Collaborative Platform program, reinforcing its position in defense propulsion and highlighting new long-term growth opportunities. GE Aerospace Awarded U.S. Air Force Contract to Advance GE426 Engine for Autonomous Collaborative Platform
• Positive Sentiment: The company also disclosed progress on AI-enabled engine design, including a generative-AI tool that helped create a hypersonic ramjet concept far faster than traditional methods, which could improve development speed and competitiveness. GE Aerospace Just Did Something Amazing With AI
• Positive Sentiment: Media reports also highlighted a new 10-year Boeing 787 support deal with Japan Airlines, which should support GE Aerospace’s services revenue and deepen its installed-base monetization. GE Aerospace Expands Defense, Aviation Business With Two Major Deals
• Neutral Sentiment: The stock has also been getting attention from bullish commentary, options activity, and analyst optimism, but these are more sentiment-driven than directly fundamental. Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
• Neutral Sentiment: GE Aerospace also announced additional investment in its Pune, India manufacturing facility, signaling capacity expansion, though the near-term stock impact is less direct. GE Aerospace announces ?100 crore investment in Pune manufacturing plant

GE Aerospace Stock Down 0.5%

Shares of GE stock opened at $284.68 on Wednesday. The stock has a 50 day moving average of $295.74 and a 200 day moving average of $305.50. 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 stock has a market cap of $297.02 billion, a P/E ratio of 35.06, a P/E/G ratio of 2.66 and a beta of 1.36. GE Aerospace has a twelve month low of $228.01 and a twelve month high of $348.48.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.26. The company had revenue of $11.61 billion during 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%.GE Aerospace’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period last year, the business earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts expect that GE Aerospace will post 7.46 EPS for the current year.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. TD Cowen reduced their price objective on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a research note on Wednesday, April 22nd. Wells Fargo & Company assumed coverage on GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price objective for the company. UBS Group reduced their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Finally, Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

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.