Securian Asset Management Inc. Has $8.84 Million Holdings in GE Aerospace $GE

Securian Asset Management Inc. trimmed its holdings in GE Aerospace (NYSE:GE) by 44.0% in the fourth quarter, Holdings Channel reports. The fund owned 28,682 shares of the company’s stock after selling 22,531 shares during the period. Securian Asset Management Inc.’s holdings in GE Aerospace were worth $8,835,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Jacobsen Capital Management grew its stake in GE Aerospace by 1.4% in the third quarter. Jacobsen Capital Management now owns 2,295 shares of the company’s stock valued at $690,000 after acquiring an additional 32 shares during the period. Ledyard National Bank grew its stake in GE Aerospace by 1.2% in the third quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock valued at $828,000 after acquiring an additional 33 shares during the period. Hardy Reed LLC grew its stake in GE Aerospace by 0.7% in the third quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock valued at $1,504,000 after acquiring an additional 33 shares during the period. Wolff Wiese Magana LLC grew its stake in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after acquiring an additional 33 shares during the period. Finally, Montz Harcus Wealth Management LLC grew its stake in GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after acquiring an additional 33 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on GE shares. Jefferies Financial Group set a $365.00 target price on GE Aerospace in a research note on Sunday, April 26th. BNP Paribas Exane boosted their target price on GE Aerospace from $290.00 to $300.00 and gave the company an “underperform” rating in a research note on Wednesday, April 22nd. President Capital decreased their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. boosted their target price on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research note on Monday, January 26th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $349.89.

Key GE Aerospace News

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

GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $296.91 on Monday. The firm has a market cap of $309.78 billion, a price-to-earnings ratio of 36.57, a price-to-earnings-growth ratio of 2.76 and a beta of 1.36. The stock’s 50-day moving average is $302.98 and its 200-day moving average is $306.34. GE Aerospace has a one year low of $211.15 and a one year high of $348.48. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts predict that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

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.