Income Insurance Ltd Acquires New Position in GE Aerospace $GE

Income Insurance Ltd acquired a new stake in shares of GE Aerospace (NYSE:GE) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 3,204 shares of the company’s stock, valued at approximately $987,000. GE Aerospace comprises about 0.6% of Income Insurance Ltd’s holdings, making the stock its 28th largest holding.

Other institutional investors have also modified their holdings of the company. Phoenix Financial Ltd. grew its position in GE Aerospace by 34.3% in the 3rd quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock worth $6,808,000 after purchasing an additional 5,775 shares during the last quarter. Integrity Financial Corp WA bought a new position in GE Aerospace in the 3rd quarter worth about $481,000. Prime Capital Investment Advisors LLC grew its position in GE Aerospace by 23.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after purchasing an additional 9,750 shares during the last quarter. HORAN Wealth LLC grew its position in GE Aerospace by 667.0% in the 3rd quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after purchasing an additional 8,865 shares during the last quarter. Finally, Prospera Financial Services Inc grew its position in GE Aerospace by 18.1% in the 3rd quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after purchasing an additional 7,315 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: GE Aerospace won a new contract to supply F404 engines to Turkish Aerospace Industries, strengthening its defense exposure and international presence. GE Aerospace Deal With Turkey Adds New Layer To GE Valuation Story
• Positive Sentiment: Analyst commentary remains broadly bullish, with recent articles saying GE Aerospace has been unfairly punished and may be a buying opportunity given its strong core business and backlog. GE Aerospace Stock Has Been Unfairly Punished
• Positive Sentiment: Wall Street coverage continues to describe GE Aerospace as a favored industrial name, with analysts maintaining a bullish outlook despite recent volatility. Do Wall Street Analysts Like GE Aerospace Stock?
• Neutral Sentiment: Shareholders approved board and compensation-related matters at the annual meeting, which is routine governance news and unlikely to move the stock on its own. GE Aerospace Shareholders Back Board, Pay and Incentive Plans
• Neutral Sentiment: Broader manufacturing and labor productivity data may be supportive for industrial names like GE Aerospace, but the market impact is indirect and limited. U.S. Labor Productivity Rises 0.8% in Q1 as Jobless Claims Fall to 200,000
• Negative Sentiment: Recent commentary notes the stock has been pressured by concerns around Middle East tensions and earlier demand-growth worries, which help explain why investors have been cautious despite the company’s solid fundamentals. GE Aerospace stock outperforms competitors on strong trading day

Analyst Upgrades and Downgrades

Several research analysts have commented on the stock. JPMorgan Chase & Co. upped their target price on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. The Goldman Sachs Group upped their target price on shares of GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Jefferies Financial Group set a $365.00 target price on shares of GE Aerospace in a research report on Sunday, April 26th. BNP Paribas Exane upped their target price on shares of GE Aerospace from $290.00 to $300.00 and gave the stock an “underperform” rating in a research report on Wednesday, April 22nd. Finally, Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $349.89.

GE Aerospace Trading Down 1.9%

Shares of NYSE:GE opened at $296.91 on Friday. The company has a 50 day moving average of $302.98 and a 200-day moving average of $306.34. The firm has a market cap of $309.78 billion, a P/E ratio of 36.57, a P/E/G ratio of 2.76 and a beta of 1.36. GE Aerospace has a twelve month low of $211.15 and a twelve month high of $348.48. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

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 during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the prior year, the business posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

GE Aerospace Company 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.