GE Aerospace $GE Shares Purchased by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise raised its stake in GE Aerospace (NYSE:GE) by 5.8% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 35,411 shares of the company’s stock after purchasing an additional 1,938 shares during the quarter. Banque Cantonale Vaudoise’s holdings in GE Aerospace were worth $10,049,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of GE. Allworth Financial LP lifted its position in shares of GE Aerospace by 7.6% during the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after purchasing an additional 5,434 shares in the last quarter. Dara Capital US Inc. acquired a new stake in GE Aerospace during the 4th quarter valued at $2,527,000. NewEdge Wealth LLC grew its holdings in GE Aerospace by 92.2% during the 4th quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after purchasing an additional 9,663 shares in the last quarter. Orion Porfolio Solutions LLC grew its holdings in GE Aerospace by 11.0% during the 3rd quarter. Orion Porfolio Solutions LLC now owns 68,266 shares of the company’s stock valued at $20,536,000 after purchasing an additional 6,747 shares in the last quarter. Finally, CenterBook Partners LP increased its stake in GE Aerospace by 892.6% during the 4th quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock worth $15,336,000 after buying an additional 44,772 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Trading Up 2.3%

Shares of NYSE GE opened at $364.83 on Thursday. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock’s 50 day moving average price is $312.60 and its two-hundred day moving average price is $311.00. GE Aerospace has a 52-week low of $243.34 and a 52-week high of $369.25. The stock has a market capitalization of $380.64 billion, a P/E ratio of 44.93, a PEG ratio of 3.16 and a beta of 1.37.

GE Aerospace (NYSE:GE) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter last year, the firm earned $1.49 EPS. The business’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. On average, analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: GE Aerospace remains a trending stock as investors focus on its strong outlook, with recent articles highlighting ongoing interest in the name and confidence in the company’s underlying business momentum. Article Title
• Positive Sentiment: GE Aerospace has continued to benefit from strong capital returns to shareholders, including buybacks and dividends, supported by healthy liquidity and cash-flow guidance. Article Title
• Positive Sentiment: GE Aerospace is being viewed as a beneficiary of the broader jet recovery trade, suggesting improving demand conditions in commercial aviation. Article Title
• Neutral Sentiment: GE Aerospace submitted analysis of the AI-171 engine incident to India’s AAIB, with the final report expected in about two months; this keeps the issue in focus but does not yet provide a clear financial impact. Article Title
• Negative Sentiment: Reports that India is exploring alternatives for its AMCA fighter jet program after GE Aerospace’s engine cost reportedly tripled could threaten prospective engine sales and weaken a potential growth opportunity. Article Title
• Negative Sentiment: A similar report from another outlet said the higher F414 engine price is forcing India to rethink its AMCA fighter plans, reinforcing concerns about possible order risk. Article Title

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. TD Cowen cut their price objective 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. Morgan Stanley lowered their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Sanford C. Bernstein boosted their price target on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Finally, Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. 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 given a Sell rating to the stock. According to MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and an average 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.