GE Aerospace $GE Stock Position Increased by Rockefeller Capital Management L.P.

Rockefeller Capital Management L.P. lifted its position in GE Aerospace (NYSE:GE) by 18.9% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 521,787 shares of the company’s stock after buying an additional 82,770 shares during the period. Rockefeller Capital Management L.P.’s holdings in GE Aerospace were worth $160,726,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Blueline Advisors LLC acquired a new position in GE Aerospace during the fourth quarter worth about $25,000. Ankerstar Wealth LLC acquired a new stake in GE Aerospace in the 4th quarter valued at about $31,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the 4th quarter valued at about $32,000. Redmont Wealth Advisors LLC bought a new position in shares of GE Aerospace during the 3rd quarter valued at about $36,000. Finally, Lifetime Wealth Management P.C. bought a new position in shares of GE Aerospace during the 4th quarter valued at about $40,000. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Up 0.3%

NYSE:GE opened at $358.77 on Friday. The stock has a fifty day simple moving average of $309.71 and a 200 day simple moving average of $309.38. The firm has a market capitalization of $374.32 billion, a price-to-earnings ratio of 44.18, a price-to-earnings-growth ratio of 3.17 and a beta of 1.37. GE Aerospace has a 1-year low of $236.51 and a 1-year high of $364.70. 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 (NYSE:GE) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the previous year, the company earned $1.49 EPS. The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts forecast that GE Aerospace will post 7.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts recently commented on GE shares. Weiss Ratings downgraded shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Wells Fargo & Company assumed coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price for the company. Seaport Research Partners started coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target on the stock. BNP Paribas Exane decreased their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Finally, Daiwa Securities Group started coverage on GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

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.