14,429,555 Shares in GE Aerospace $GE Purchased by Norges Bank

Norges Bank bought a new position in shares of GE Aerospace (NYSE:GE) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor bought 14,429,555 shares of the company’s stock, valued at approximately $4,444,736,000.

Other large investors also recently bought and sold shares of the company. Integrity Financial Corp WA purchased a new stake in GE Aerospace during the 3rd quarter worth about $481,000. Prime Capital Investment Advisors LLC increased its holdings in GE Aerospace by 23.6% during 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 period. HORAN Wealth LLC increased its holdings in GE Aerospace by 667.0% during 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 period. Prospera Financial Services Inc increased its holdings in GE Aerospace by 18.1% during 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 period. Finally, Allworth Financial LP increased its holdings in GE Aerospace by 7.6% during the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after purchasing an additional 5,434 shares during the period. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages have weighed in on GE. UBS Group cut their price target on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Seaport Research Partners initiated coverage on GE Aerospace in a report on Tuesday. They set a “buy” rating and a $375.00 price target on the stock. Wells Fargo & Company initiated coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective for the company. President Capital lowered their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Finally, BNP Paribas Exane lowered their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. One 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 assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Stock Up 0.8%

Shares of NYSE GE opened at $323.45 on Friday. The stock has a market cap of $337.46 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 2.98 and a beta of 1.36. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The business has a 50-day moving average price of $295.66 and a 200 day moving average price of $305.69.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts forecast that GE Aerospace will post 7.47 earnings per share for the current year.

Key Headlines Impacting GE Aerospace

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 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.