Newport Trust Company LLC Has $2.99 Billion Stock Holdings in GE Aerospace $GE

Newport Trust Company LLC reduced its position in GE Aerospace (NYSE:GE) by 2.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,702,208 shares of the company’s stock after selling 255,785 shares during the quarter. GE Aerospace makes up about 7.2% of Newport Trust Company LLC’s investment portfolio, making the stock its 5th largest holding. Newport Trust Company LLC’s holdings in GE Aerospace were worth $2,988,571,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of GE. Brighton Jones LLC boosted its position in shares of GE Aerospace by 25.3% in the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after purchasing an additional 2,421 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of GE Aerospace by 7.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after purchasing an additional 150 shares during the period. Sivia Capital Partners LLC boosted its position in shares of GE Aerospace by 4.6% in the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after purchasing an additional 191 shares during the period. Main Street Financial Solutions LLC boosted its position in shares of GE Aerospace by 348.6% in the second quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after purchasing an additional 4,584 shares during the period. Finally, HUB Investment Partners LLC boosted its position in shares of GE Aerospace by 4.2% in the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after purchasing an additional 366 shares during the period. 74.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently commented on GE. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Sanford C. Bernstein boosted their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Citigroup lowered their target price on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Jefferies Financial Group set a $365.00 target price on shares of GE Aerospace in a report on Sunday, April 26th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Price Performance

GE Aerospace stock opened at $302.03 on Friday. The company has a market cap of $315.12 billion, a price-to-earnings ratio of 37.20, a PEG ratio of 2.79 and a beta of 1.36. The firm’s fifty day moving average is $294.81 and its 200 day moving average is $305.37. 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 52-week low of $228.01 and a 52-week high of $348.48.

GE Aerospace (NYSE:GE) last released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior year, the firm earned $1.49 earnings per share. GE Aerospace’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts forecast that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace won new support contracts tied to the U.S. Navy and U.K. Apache engine programs, reinforcing its defense revenue pipeline and highlighting continued demand for its engine services. GE Aerospace wins Navy, U.K. Apache engine support contracts
• Positive Sentiment: GE continues to benefit from strength in its Defense & Propulsion business, with rising military contracts and broader defense spending supporting growth momentum. GE Gains From Strength in Defense & Propulsion Unit: Can It Sustain?
• Positive Sentiment: The company completed design studies of a hypersonic ramjet and said it used generative AI to speed up engine design, signaling potential long-term upside from advanced aerospace R&D and innovation leadership. Press Release: GE completes design studies of hypersonic ramjet
• Neutral Sentiment: GE tests RISE technology blades for dust ingestion on Leap engines, an incremental development that supports its future product line but is not an immediate earnings driver. GE Tests RISE Technology Blades For Dust Ingestion On Leap
• Neutral Sentiment: Analyst and comparison pieces on GE versus RTX and post-earnings performance mainly reflect valuation debate and expectations rather than a new fundamental catalyst. GE vs. RTX: Which Aerospace & Defense Stock has Better Prospects?
• Negative Sentiment: Some coverage suggests RTX may have an edge over GE in the aerospace and defense race due to stronger demand, a larger backlog, and a cheaper valuation, which could temper enthusiasm for GE relative to peers. GE vs. RTX: Which Aerospace & Defense Stock has Better Prospects?

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.