Bank Julius Baer & Co. Ltd Zurich Sells 382,843 Shares of GE Aerospace $GE

Bank Julius Baer & Co. Ltd Zurich lessened its holdings in GE Aerospace (NYSE:GEFree Report) by 22.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 1,319,520 shares of the company’s stock after selling 382,843 shares during the period. GE Aerospace makes up about 1.1% of Bank Julius Baer & Co. Ltd Zurich’s investment portfolio, making the stock its 19th largest position. Bank Julius Baer & Co. Ltd Zurich’s holdings in GE Aerospace were worth $407,015,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. REAP Financial Group LLC bought a new position in shares of GE Aerospace in the 3rd quarter worth approximately $25,000. Abich Financial Wealth Management LLC bought a new position in shares of GE Aerospace in the 3rd quarter worth approximately $32,000. Redmont Wealth Advisors LLC bought a new position in shares of GE Aerospace in the 3rd quarter worth approximately $36,000. Strengthening Families & Communities LLC bought a new position in shares of GE Aerospace in the 3rd quarter worth approximately $38,000. Finally, Legacy Bridge LLC lifted its stake in shares of GE Aerospace by 3,375.0% in the 4th quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after purchasing an additional 135 shares during the period. Institutional investors own 74.77% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have commented on GE shares. TD Cowen decreased their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Daiwa Securities Group started coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price on the stock. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, January 22nd. Finally, Jefferies Financial Group set a $365.00 target price on shares of GE Aerospace in a research note on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $349.89.

View Our Latest Report on GE

GE Aerospace Trading Down 0.9%

GE Aerospace stock opened at $294.89 on Thursday. The stock has a market cap of $307.67 billion, a P/E ratio of 36.32, a PEG ratio of 2.76 and a beta of 1.36. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. GE Aerospace has a 1 year low of $220.45 and a 1 year high of $348.48. The firm’s 50 day moving average price is $299.34 and its 200-day moving average price is $306.18.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. The firm had revenue of $11.61 billion for 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 company’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts predict that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Key GE Aerospace News

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

About GE Aerospace

(Free Report)

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.

Featured Articles

Want to see what other hedge funds are holding GE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for GE Aerospace (NYSE:GEFree Report).

Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

Receive News & Ratings for GE Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.