State of Wisconsin Investment Board Sells 43,089 Shares of GE Aerospace $GE

State of Wisconsin Investment Board trimmed its position in GE Aerospace (NYSE:GE) by 7.0% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 570,746 shares of the company’s stock after selling 43,089 shares during the quarter. State of Wisconsin Investment Board’s holdings in GE Aerospace were worth $175,807,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Blueline Advisors LLC acquired a new position in GE Aerospace during the 4th quarter valued at about $25,000. Ankerstar Wealth LLC acquired a new position in GE Aerospace during the 4th quarter valued at about $31,000. Tucker Asset Management LLC acquired a new position in GE Aerospace during the 4th quarter valued at about $32,000. Redmont Wealth Advisors LLC acquired a new position in GE Aerospace during the 3rd quarter valued at about $36,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

GE Aerospace Trading Up 2.9%

NYSE GE opened at $352.10 on Wednesday. The business’s fifty day moving average is $305.92 and its 200-day moving average is $308.18. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The stock has a market capitalization of $367.36 billion, a price-to-earnings ratio of 43.36, a PEG ratio of 3.03 and a beta of 1.37. GE Aerospace has a one year low of $232.24 and a one year high of $352.88.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts predict that GE Aerospace will post 7.48 EPS for the current year.

Analyst Upgrades and Downgrades

GE has been the subject of a number of analyst reports. President Capital cut their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. TD Cowen cut their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace 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.