Fjarde AP Fonden Fourth Swedish National Pension Fund Sells 2,824 Shares of GE Aerospace $GE

Fjarde AP Fonden Fourth Swedish National Pension Fund trimmed its position in shares of GE Aerospace (NYSE:GE) by 1.0% during the 3rd quarter, Holdings Channel reports. The fund owned 270,741 shares of the company’s stock after selling 2,824 shares during the period. GE Aerospace makes up approximately 0.7% of Fjarde AP Fonden Fourth Swedish National Pension Fund’s investment portfolio, making the stock its 22nd biggest position. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in GE Aerospace were worth $81,444,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Ameriflex Group Inc. boosted its position in shares of GE Aerospace by 23.5% during the second quarter. Ameriflex Group Inc. now owns 1,742 shares of the company’s stock valued at $437,000 after buying an additional 331 shares during the period. Diversified Trust Co raised its holdings in shares of GE Aerospace by 21.3% in the third quarter. Diversified Trust Co now owns 32,021 shares of the company’s stock worth $9,633,000 after buying an additional 5,625 shares during the period. Cadinha & Co. LLC lifted its stake in shares of GE Aerospace by 154.8% during the 3rd quarter. Cadinha & Co. LLC now owns 97,280 shares of the company’s stock worth $29,264,000 after acquiring an additional 59,106 shares during the last quarter. Police & Firemen s Retirement System of New Jersey lifted its stake in shares of GE Aerospace by 1.8% during the 2nd quarter. Police & Firemen s Retirement System of New Jersey now owns 159,682 shares of the company’s stock worth $41,101,000 after acquiring an additional 2,779 shares during the last quarter. Finally, Czech National Bank boosted its holdings in GE Aerospace by 3.3% during the 3rd quarter. Czech National Bank now owns 269,330 shares of the company’s stock valued at $81,020,000 after acquiring an additional 8,668 shares during the period. Institutional investors own 74.77% of the company’s stock.

Key GE Aerospace News

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: Wolfe Research raised its price target on GE Aerospace to $360 and kept an “outperform” rating, signaling analyst confidence and providing near-term upside support. Wolfe Research adjusts GE Aerospace price target to 360 from 340; maintains outperform rating (MarketScreener)
• Positive Sentiment: TD Cowen also raised its target to $350 and kept a “buy” rating, reinforcing upward analyst momentum that likely contributed to the stock move. TD Cowen adjusts price target on GE Aerospace to $350 from $330; maintains buy rating (MarketScreener)
• Positive Sentiment: GE promoted Mohamed Ali to head an expanded Commercial Engines & Services unit, signaling organizational focus on commercial engine growth and potentially improving execution. GE Aerospace expands commercial engines division, appoints Mohamed Ali as chief (FlightGlobal)
• Positive Sentiment: GE and Lockheed completed tests of a rotating-detonation ramjet for hypersonic weapons — a technology milestone that supports GE’s defense pipeline and could lead to future contracts. GE and Lockheed test new rotating detonation ramjet for hypersonic weapons (FlightGlobal)
• Neutral Sentiment: GE is scheduled to report earnings this week, which is a near-term catalyst; results and guidance will be closely watched. GE Aerospace (GE) Expected to Announce Earnings on Thursday (AmericanBankingNews)
• Neutral Sentiment: Various bullish commentaries and write-ups (e.g., a bull-case article) are circulating and may support investor sentiment, but they are opinion pieces rather than new company developments. GE Aerospace (GE): A Bull Case Theory (InsiderMonkey)
• Negative Sentiment: Citigroup published a note lowering its price target to $378 (despite still being above the current price), which signals differing analyst views and could cap upside. Citigroup Lowers GE Aerospace (NYSE:GE) Price Target to $378.00 (AmericanBankingNews)
• Negative Sentiment: A Zacks preview warned GE may lack the right setup for an earnings beat, highlighting execution/expectation risk ahead of results. GE Aerospace (GE) Earnings Expected to Grow: Should You Buy? (Zacks)

Insiders Place Their Bets

In other GE Aerospace news, SVP Russell Stokes sold 8,000 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the sale, the senior vice president owned 150,434 shares of the company’s stock, valued at approximately $44,785,706.14. This trade represents a 5.05% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by corporate insiders.

GE Aerospace Stock Up 0.3%

NYSE:GE opened at $319.75 on Friday. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $332.79. The company has a 50-day moving average of $304.62 and a 200 day moving average of $289.53. The firm has a market cap of $337.28 billion, a PE ratio of 42.69, a price-to-earnings-growth ratio of 2.18 and a beta of 1.40. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.08 and a quick ratio of 0.76.

GE Aerospace (NYSE:GE) last posted its earnings results on Tuesday, October 21st. The company reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.46 by $0.20. GE Aerospace had a net margin of 18.34% and a return on equity of 34.01%. The business had revenue of $11.31 billion for the quarter, compared to the consensus estimate of $10.29 billion. During the same quarter last year, the firm posted $1.15 EPS. The company’s revenue for the quarter was up 26.4% on a year-over-year basis. GE Aerospace has set its FY 2025 guidance at 6.000-6.200 EPS. As a group, research analysts anticipate that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 29th will be paid a $0.36 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $1.44 dividend on an annualized basis and a yield of 0.5%. GE Aerospace’s payout ratio is 19.23%.

Analyst Ratings Changes

GE has been the topic of a number of recent analyst reports. Sanford C. Bernstein reiterated an “outperform” rating on shares of GE Aerospace in a research note on Monday, October 27th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Saturday, January 3rd. Susquehanna reiterated a “positive” rating and set a $380.00 price objective on shares of GE Aerospace in a report on Thursday. Jefferies Financial Group upped their target price on shares of GE Aerospace from $320.00 to $350.00 and gave the stock a “buy” rating in a research note on Monday, September 22nd. Finally, TD Cowen raised their target price on shares of GE Aerospace from $330.00 to $350.00 and gave the stock a “buy” rating in a research report on Wednesday. Sixteen research analysts have rated the stock with a Buy rating, two have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $314.00.

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.