Payden & Rygel Sells 16,600 Shares of GE Aerospace $GE

Payden & Rygel cut its holdings in shares of GE Aerospace (NYSE:GE) by 18.1% during the 4th quarter, Holdings Channel reports. The firm owned 75,300 shares of the company’s stock after selling 16,600 shares during the period. GE Aerospace makes up 1.6% of Payden & Rygel’s holdings, making the stock its 14th largest holding. Payden & Rygel’s holdings in GE Aerospace were worth $23,195,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Capital World Investors increased its position in shares of GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after purchasing an additional 2,995,054 shares during the period. Northwestern Mutual Wealth Management Co. increased its position in shares of GE Aerospace by 1,200.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock worth $568,935,000 after purchasing an additional 1,705,005 shares during the period. Jennison Associates LLC increased its position in shares of GE Aerospace by 21.5% in the third quarter. Jennison Associates LLC now owns 8,430,878 shares of the company’s stock worth $2,536,177,000 after purchasing an additional 1,494,541 shares during the period. CIBC Bancorp USA Inc. bought a new position in shares of GE Aerospace in the third quarter worth $285,263,000. Finally, Vanguard Group Inc. increased its position in shares of GE Aerospace by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after purchasing an additional 699,364 shares during the period. 74.77% of the stock is owned by institutional investors.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: Jim Cramer reiterated a bullish view on GE Aerospace, telling investors to “Buy” the stock and highlighting CEO Larry Culp’s leadership, which can reinforce confidence in the company’s turnaround and execution. Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
• Positive Sentiment: Unusual options activity showed a surge in call buying, suggesting traders are positioning for further upside in GE Aerospace shares.
• Positive Sentiment: GE Aerospace announced additional investment in its Pune manufacturing facility in India, signaling ongoing capacity expansion and long-term demand support for its engine and services businesses. GE Aerospace to invest ₹100 crore in Pune manufacturing facility
• Positive Sentiment: Media coverage tied Boeing’s reported China aircraft deal to GE engines, reminding investors that GE Aerospace stands to benefit from aircraft delivery growth regardless of the airframe maker involved. Forget Boeing. Every Plane Trump Just Sold to China Needs a GE Engine and GE Is Already Making Money
• Neutral Sentiment: Brokerage sentiment remains favorable, with GE Aerospace receiving a consensus “Moderate Buy” rating from analysts. GE Aerospace Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. BNP Paribas Exane decreased their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Jefferies Financial Group set a $365.00 price objective on shares of GE Aerospace in a research note on Sunday, April 26th. President Capital decreased their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Finally, Deutsche Bank Aktiengesellschaft lifted their price objective on shares of GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $285.81 on Tuesday. 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 twelve month low of $228.01 and a twelve month high of $348.48. The stock has a market cap of $298.20 billion, a price-to-earnings ratio of 35.20, a P/E/G ratio of 2.62 and a beta of 1.36. The company’s fifty day moving average is $296.50 and its 200 day moving average is $305.70.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping 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 company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the previous year, the firm posted $1.49 earnings per share. GE Aerospace’s revenue for the quarter 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 year.

GE Aerospace Company 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.