Faithward Advisors LLC purchased a new stake in GE Aerospace (NYSE:GE – Free Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 4,248 shares of the company’s stock, valued at approximately $1,205,000.
A number of other hedge funds and other institutional investors also recently modified their holdings of the company. CENTRAL TRUST Co raised its holdings in shares of GE Aerospace by 2.2% in the 1st quarter. CENTRAL TRUST Co now owns 29,106 shares of the company’s stock valued at $8,259,000 after purchasing an additional 624 shares during the period. Demming Financial Services Corp ADV grew its holdings in GE Aerospace by 7.9% during the first quarter. Demming Financial Services Corp ADV now owns 1,581 shares of the company’s stock worth $449,000 after purchasing an additional 116 shares during the period. Cidel Asset Management Inc. increased its position in GE Aerospace by 6.9% during the first quarter. Cidel Asset Management Inc. now owns 2,047 shares of the company’s stock worth $581,000 after buying an additional 132 shares during the last quarter. New Covenant Trust Company N.A. increased its position in GE Aerospace by 34.0% during the first quarter. New Covenant Trust Company N.A. now owns 3,201 shares of the company’s stock worth $908,000 after buying an additional 813 shares during the last quarter. Finally, Vermillion Wealth Management Inc. raised its stake in GE Aerospace by 22.3% in the first quarter. Vermillion Wealth Management Inc. now owns 466 shares of the company’s stock valued at $132,000 after buying an additional 85 shares during the period. Institutional investors own 74.77% of the company’s stock.
GE Aerospace Stock Up 0.4%
GE Aerospace stock opened at $356.70 on Wednesday. The company’s 50-day moving average price is $311.55 and its two-hundred day moving average price is $310.48. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market cap of $372.16 billion, a P/E ratio of 43.93, a P/E/G ratio of 3.15 and a beta of 1.37. GE Aerospace has a twelve month low of $243.34 and a twelve month high of $364.70.
Key GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace is being highlighted as a beneficiary of the ongoing jet recovery trade, reflecting continued strength in commercial aviation demand and aftermarket activity. GE Aerospace (NYSE:GE) Powers the Jet Recovery Trade
- Positive Sentiment: Analysts and market commentary remain constructive on GE Aerospace’s ability to keep returning cash to shareholders, helped by strong liquidity and its 2026 cash flow outlook. Can GE Continue Its Strong Capital Returns to Shareholders?
- Neutral Sentiment: General Electric stock is being discussed as a major recent winner after a large multi-year run, with investors questioning whether the valuation already reflects much of the upside. General Electric (GE) Stock After 333% Three-Year Surge Is It Too Late To Buy?
- Neutral Sentiment: News that GE sent engine-analysis data related to the Air India AI 171 incident may keep attention on safety and regulatory follow-up, though the final report is still expected in about two months. GE sends AI 171 engine analysis, final AAIB report likely in 2 months
Analyst Ratings Changes
A number of research firms have recently issued reports on GE. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. BNP Paribas Exane dropped their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. 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 report on Wednesday, April 22nd. Finally, Daiwa Securities Group began coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. One research 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 given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.
Get Our Latest Analysis on GE Aerospace
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.
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