Commonwealth of Pennsylvania Public School Empls Retrmt SYS reduced its holdings in GE Aerospace (NYSE:GE – Free Report) by 3.7% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 245,355 shares of the company’s stock after selling 9,295 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in GE Aerospace were worth $75,577,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. REAP Financial Group LLC acquired a new stake in shares of GE Aerospace during the third quarter worth $25,000. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace during the fourth quarter worth $25,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace during the fourth quarter worth $32,000. Abich Financial Wealth Management LLC acquired a new stake in shares of GE Aerospace during the third quarter worth $32,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of GE Aerospace during the third quarter worth $36,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.
GE Aerospace Trading Up 0.8%
NYSE:GE opened at $323.45 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock has a market capitalization of $337.46 billion, a price-to-earnings ratio of 39.83, a PEG ratio of 3.00 and a beta of 1.36. The firm has a fifty day simple moving average of $295.66 and a two-hundred day simple moving average of $305.69. GE Aerospace has a 12 month low of $232.24 and a 12 month high of $348.48.
Analyst Upgrades and Downgrades
Several equities research analysts have recently weighed in on the stock. President Capital decreased their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a research report on Wednesday, May 20th. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a research report on Wednesday. UBS Group decreased their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Finally, Morgan Stanley decreased their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $348.22.
View Our Latest Analysis on GE Aerospace
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace is investing heavily in MRO capacity and manufacturing expansion to support long-term engine demand, which could strengthen future revenue and earnings growth. Can GE’s Growth Investments Create Long-Term Value for Investors?
- Positive Sentiment: Jim Cramer and other market commentators reiterated a bullish view on GE Aerospace, adding to the stock’s momentum and investor interest. Cramer’s lightning round: Buy GE Aerospace
- Positive Sentiment: The stock has been outperforming the S&P 500 and continues to draw strong analyst attention, suggesting investors remain confident in GE Aerospace’s fundamentals. Is GE Aerospace Stock Outperforming the S&P 500?
- Positive Sentiment: Zacks noted GE Aerospace recently rose faster than the market, reflecting continued buying interest after strong recent trading. GE Aerospace (GE) Rises Higher Than Market: Key Facts
- Neutral Sentiment: Several articles simply noted that GE Aerospace is among the most-watched stocks, which may reflect interest but does not add new company-specific catalysts. Is Most-Watched Stock GE Aerospace (GE) Worth Betting on Now?
- Neutral Sentiment: GE Aerospace also appeared in a broader market discussion about stocks and the economy, but that article did not provide meaningful new information specific to the company. Larry Kudlow: The ‘Trumpian Economy’ Is Booming Despite the Gas Price Noise
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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