Banque Cantonale Vaudoise decreased its position in shares of GE Aerospace (NYSE:GE – Free Report) by 11.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 33,473 shares of the company’s stock after selling 4,179 shares during the period. Banque Cantonale Vaudoise’s holdings in GE Aerospace were worth $10,311,000 as of its most recent SEC filing.
Several other institutional investors and hedge funds have also modified their holdings of the company. REAP Financial Group LLC purchased a new position in shares of GE Aerospace during the 3rd quarter worth $25,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at $32,000. Abich Financial Wealth Management LLC acquired a new position in GE Aerospace in the third quarter valued at $32,000. Redmont Wealth Advisors LLC acquired a new position in GE Aerospace in the third quarter valued at $36,000. Finally, Strengthening Families & Communities LLC purchased a new position in GE Aerospace during the third quarter worth about $38,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.
GE Aerospace Stock Down 0.5%
Shares of GE Aerospace stock opened at $284.68 on Wednesday. The company has a fifty day moving average price of $295.74 and a 200 day moving average price of $305.50. The company has a current ratio of 1.01, a quick ratio of 0.70 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 $297.02 billion, a price-to-earnings ratio of 35.06, a price-to-earnings-growth ratio of 2.66 and a beta of 1.36.
GE Aerospace News Summary
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace won a U.S. Air Force contract to advance the GE426 engine for the Autonomous Collaborative Platform program, reinforcing its position in defense propulsion and highlighting new long-term growth opportunities. GE Aerospace Awarded U.S. Air Force Contract to Advance GE426 Engine for Autonomous Collaborative Platform
- Positive Sentiment: The company also disclosed progress on AI-enabled engine design, including a generative-AI tool that helped create a hypersonic ramjet concept far faster than traditional methods, which could improve development speed and competitiveness. GE Aerospace Just Did Something Amazing With AI
- Positive Sentiment: Media reports also highlighted a new 10-year Boeing 787 support deal with Japan Airlines, which should support GE Aerospace’s services revenue and deepen its installed-base monetization. GE Aerospace Expands Defense, Aviation Business With Two Major Deals
- Neutral Sentiment: The stock has also been getting attention from bullish commentary, options activity, and analyst optimism, but these are more sentiment-driven than directly fundamental. Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
- Neutral Sentiment: GE Aerospace also announced additional investment in its Pune, India manufacturing facility, signaling capacity expansion, though the near-term stock impact is less direct. GE Aerospace announces ₹100 crore investment in Pune manufacturing plant
Wall Street Analyst Weigh In
Several analysts have commented on the company. President Capital lowered their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research report on Wednesday, April 22nd. BNP Paribas Exane dropped their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Citigroup cut their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Finally, Daiwa Securities Group started coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $348.22.
Read Our Latest Stock Report on GE Aerospace
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.
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