Rathbones Group PLC Raises Position in GE Aerospace $GE

Rathbones Group PLC grew its position in GE Aerospace (NYSE:GE) by 1.1% during the 4th quarter, Holdings Channel reports. The fund owned 159,906 shares of the company’s stock after buying an additional 1,759 shares during the quarter. Rathbones Group PLC’s holdings in GE Aerospace were worth $49,256,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. IFP Advisors Inc boosted its holdings in GE Aerospace by 11.9% during the fourth quarter. IFP Advisors Inc now owns 16,189 shares of the company’s stock worth $4,987,000 after buying an additional 1,721 shares in the last quarter. RPS Advisory Solutions LLC boosted its holdings in GE Aerospace by 4.0% during the fourth quarter. RPS Advisory Solutions LLC now owns 1,810 shares of the company’s stock worth $558,000 after buying an additional 70 shares in the last quarter. Brown Wealth Management LLC purchased a new stake in GE Aerospace during the fourth quarter worth about $206,000. Northbridge Financial Group LLC purchased a new stake in GE Aerospace during the fourth quarter worth about $582,000. Finally, Intrust Bank NA boosted its holdings in GE Aerospace by 2.6% during the fourth quarter. Intrust Bank NA now owns 9,769 shares of the company’s stock worth $3,009,000 after buying an additional 252 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE opened at $300.11 on Thursday. 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 $313.11 billion, a P/E ratio of 36.96, a PEG ratio of 2.65 and a beta of 1.36. The company has a 50-day moving average of $295.31 and a two-hundred day moving average of $305.42. GE Aerospace has a 12-month low of $228.01 and a 12-month high of $348.48.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 net margin of 17.86% and a return on equity of 37.99%. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, research analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms recently commented on GE. JPMorgan Chase & Co. boosted their price objective on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. Jefferies Financial Group set a $365.00 price objective on shares of GE Aerospace in a report on Sunday, April 26th. The Goldman Sachs Group boosted their price objective on shares of GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. One equities research 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, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Key Stories Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace said its researchers used a generative AI tool to design a preliminary hypersonic ramjet engine in seconds, highlighting a major improvement in engineering speed and potentially boosting its competitive edge in advanced defense programs. GE Aerospace uses generative AI to design hypersonic ramjet in seconds
• Positive Sentiment: The company also completed design studies on the hypersonic ramjet, reinforcing progress in high-performance propulsion technology that could support future government and defense contracts. Press Release: GE completes design studies of hypersonic ramjet
• Positive Sentiment: GE Aerospace was awarded a U.S. Air Force contract for preliminary design review of its GE426 engine for autonomous collaborative platforms, expanding its defense pipeline and validating demand for its small-engine technology. GE Aerospace Awarded U.S. Air Force Contract to Advance GE426 Engine for Autonomous Collaborative Platform
• Positive Sentiment: Analysts and market commentary pointed to strength in GE Aerospace’s Defense & Propulsion unit, with military contract wins and rising defense demand seen as key reasons the stock is moving higher. GE Gains From Strength in Defense & Propulsion Unit: Can It Sustain?
• Positive Sentiment: GE Aerospace also disclosed a long-term Boeing 787 maintenance deal with Japan Airlines, which supports recurring services revenue and adds to the upbeat tone around the business. Japan Airlines Signs 10-Year Boeing 787 Maintenance Deal With GE Aerospace
• Neutral Sentiment: GE Aerospace is investing in manufacturing capacity in India and Mexico, which may improve its supply chain and future output, but these are longer-term operational moves rather than immediate earnings catalysts. GE Aerospace Accelerates India Manufacturing Growth with 100 Crore Pune Investment GE Aerospace invests $41.4 million USD in Mexico to safeguard global engine supply chain

GE Aerospace Profile

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.