GE Aerospace $GE Shares Sold by Gladstone Capital Management LLP

Gladstone Capital Management LLP reduced its holdings in shares of GE Aerospace (NYSE:GE) by 74.9% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,548 shares of the company’s stock after selling 4,628 shares during the quarter. GE Aerospace makes up 0.0% of Gladstone Capital Management LLP’s investment portfolio, making the stock its 19th biggest holding. Gladstone Capital Management LLP’s holdings in GE Aerospace were worth $477,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in GE. Norges Bank acquired a new position in shares of GE Aerospace during the 4th quarter worth about $4,444,736,000. Capital World Investors boosted its position in shares of GE Aerospace by 16.2% during the 3rd 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 in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of GE Aerospace by 1,200.7% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock worth $568,935,000 after acquiring an additional 1,705,005 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new position in shares of GE Aerospace during the 3rd quarter worth about $285,263,000. Finally, Vanguard Group Inc. boosted its position in shares of GE Aerospace by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock worth $28,564,097,000 after acquiring an additional 699,364 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently issued reports on the company. Citigroup lowered their price objective 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. Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Daiwa Securities Group assumed coverage on GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. Finally, President Capital lowered their price objective 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Stock Up 2.9%

Shares of NYSE GE opened at $352.10 on Wednesday. The stock has a market cap of $367.36 billion, a PE ratio of 43.36, a price-to-earnings-growth ratio of 3.03 and a beta of 1.37. 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 52-week low of $232.24 and a 52-week high of $352.88. The business has a 50-day moving average price of $305.92 and a 200 day moving average price of $308.18.

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, beating analysts’ consensus estimates of $1.60 by $0.26. The firm 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 in the prior year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts forecast that GE Aerospace will post 7.48 earnings per share 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.