Nomura Asset Management Co. Ltd. Has $113.78 Million Stock Position in GE Aerospace $GE

Nomura Asset Management Co. Ltd. raised its stake in GE Aerospace (NYSE:GE) by 1.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 369,386 shares of the company’s stock after buying an additional 4,687 shares during the period. Nomura Asset Management Co. Ltd.’s holdings in GE Aerospace were worth $113,782,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in GE. REAP Financial Group LLC acquired a new position in shares of GE Aerospace during the third quarter worth $25,000. Blueline Advisors LLC acquired a new position in shares of GE Aerospace during the fourth quarter worth $25,000. Abich Financial Wealth Management LLC acquired a new position in shares of GE Aerospace during the third quarter worth $32,000. Tucker Asset Management LLC acquired a new position in shares of GE Aerospace during the fourth quarter worth $32,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of GE Aerospace during the third quarter worth $36,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Trading Up 0.8%

GE opened at $323.45 on Friday. GE Aerospace has a 1-year low of $232.24 and a 1-year high of $348.48. 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 company has a market cap of $337.46 billion, a P/E ratio of 39.83, a price-to-earnings-growth ratio of 3.00 and a beta of 1.36. The company has a fifty day moving average price of $295.66 and a two-hundred day moving average price of $305.69.

GE Aerospace (NYSE:GE) last posted 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. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the firm posted $1.49 earnings per share. The business’s revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts predict that GE Aerospace will post 7.47 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on GE shares. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Wells Fargo & Company started coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. President Capital cut 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. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a report on Wednesday. Finally, TD Cowen cut their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. One 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 issued a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus target price 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

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.