V. M. Manning & CO. Inc. Has $237,000 Stock Position in GE Aerospace $GE

V. M. Manning & CO. Inc. decreased its stake in GE Aerospace (NYSE:GE) by 90.1% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 768 shares of the company’s stock after selling 7,022 shares during the period. V. M. Manning & CO. Inc.’s holdings in GE Aerospace were worth $237,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of GE. Capital World Investors grew its stake 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 acquiring an additional 2,995,054 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its position in 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. CIBC Bancorp USA Inc. bought a new position in GE Aerospace in the third quarter worth $285,263,000. Vanguard Group Inc. lifted its position in 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. Finally, PFA Pension Forsikringsaktieselskab bought a new position in GE Aerospace in the fourth quarter worth $202,901,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts recently commented on GE shares. Citigroup reduced their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research report on Wednesday, May 20th. President Capital reduced their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Daiwa Securities Group started coverage on GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. Finally, Sanford C. Bernstein raised their target price on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. One equities 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 given a Sell rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace Stock Up 1.0%

Shares of NYSE GE opened at $317.73 on Thursday. The stock has a market cap of $331.50 billion, a PE ratio of 39.13, a PEG ratio of 2.92 and a beta of 1.36. The business has a fifty day moving average of $294.84 and a two-hundred day moving average of $305.47. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating 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 return on equity of 37.99% and a net margin of 17.86%.The business’s revenue was up 24.6% on a year-over-year basis. During the same period last year, the business earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts expect that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

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.