Vise Technologies Inc. Buys 8,964 Shares of GE Aerospace $GE

Vise Technologies Inc. grew its stake in shares of GE Aerospace (NYSE:GE) by 33.5% during the fourth quarter, Holdings Channel reports. The institutional investor owned 35,731 shares of the company’s stock after purchasing an additional 8,964 shares during the quarter. Vise Technologies Inc.’s holdings in GE Aerospace were worth $11,006,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Daiwa Securities Group Inc. grew its stake in shares of GE Aerospace by 12.0% during the fourth quarter. Daiwa Securities Group Inc. now owns 197,921 shares of the company’s stock valued at $60,966,000 after buying an additional 21,246 shares during the last quarter. Sittner & Nelson LLC grew its stake in shares of GE Aerospace by 9.0% during the fourth quarter. Sittner & Nelson LLC now owns 1,436 shares of the company’s stock valued at $461,000 after buying an additional 119 shares during the last quarter. Verus Capital Partners LLC grew its stake in shares of GE Aerospace by 3.6% during the fourth quarter. Verus Capital Partners LLC now owns 1,278 shares of the company’s stock valued at $394,000 after buying an additional 45 shares during the last quarter. Avalon Capital Management bought a new position in shares of GE Aerospace during the fourth quarter valued at about $634,000. Finally, Cibc World Market Inc. boosted its holdings in shares of GE Aerospace by 20.8% during the fourth quarter. Cibc World Market Inc. now owns 144,506 shares of the company’s stock worth $44,512,000 after purchasing an additional 24,870 shares during the period. 74.77% of the stock is owned by institutional investors.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace’s Commercial Engines unit saw orders surge 93% to $17.3 billion, reflecting robust engine demand and supporting the case for more upside ahead. Strength in Commercial Engines Unit Drives GE Aerospace: A Sign for More Upside?
• Positive Sentiment: Analysts and market commentators continue to point to GE Aerospace as a beneficiary of airline, transport, and engine demand, reinforcing optimism around the company’s long-term growth story. Market expert sees opportunity in Toast, GE Aerospace
• Positive Sentiment: GE Aerospace also continues to draw attention as a top performer in the industrial machinery space after its strong first-quarter results, helping keep sentiment constructive. Q1 Earnings Outperformers: GE Aerospace (NYSE:GE) And The Rest Of The General Industrial Machinery Stocks
• Neutral Sentiment: GE Aerospace is also benefiting from broader aerospace strength across the sector, including strong defense and engine-spares demand at peers like Howmet, which may support sentiment for the group overall. Howmet Gains From Defense Aerospace Strength: Can the Momentum Last?
• Neutral Sentiment: GE Aerospace is making strategic investments, including in future engine and aviation technologies such as hybrid-electric propulsion, which supports long-term growth but is less likely to move the stock immediately. GE Aerospace advances hybrid-electric aviation with megawatt-class engine test

GE Aerospace Price Performance

Shares of GE opened at $328.53 on Friday. The company has a market capitalization of $342.77 billion, a P/E ratio of 40.46, a price-to-earnings-growth ratio of 2.92 and a beta of 1.37. 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 firm has a 50 day moving average of $298.20 and a 200 day moving average of $306.06. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.48.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.26. The company had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

GE has been the subject of a number of analyst reports. Citigroup dropped their target price on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. BNP Paribas Exane dropped their target price on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Morgan Stanley dropped their target price on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Finally, Sanford C. Bernstein increased their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

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.