Great Lakes Advisors LLC Has $38.99 Million Stock Holdings in GE Aerospace $GE

Great Lakes Advisors LLC trimmed its position in shares of GE Aerospace (NYSE:GE) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 126,564 shares of the company’s stock after selling 3,355 shares during the quarter. Great Lakes Advisors LLC’s holdings in GE Aerospace were worth $38,986,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace during the fourth quarter valued at about $25,000. Abich Financial Wealth Management LLC acquired a new position in shares of GE Aerospace in the third quarter worth approximately $32,000. Tucker Asset Management LLC acquired a new position in shares of GE Aerospace in the fourth quarter worth approximately $32,000. Redmont Wealth Advisors LLC acquired a new position in shares of GE Aerospace in the third quarter worth approximately $36,000. Finally, Beaird Harris Wealth Management LLC lifted its stake in shares of GE Aerospace by 72.0% in the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after acquiring an additional 59 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Price Performance

Shares of GE opened at $332.49 on Friday. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The business’s 50 day moving average price is $302.44 and its two-hundred day moving average price is $307.17. The firm has a market cap of $346.90 billion, a PE ratio of 40.95, a price-to-earnings-growth ratio of 2.82 and a beta of 1.37.

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

GE Aerospace News Summary

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

• Positive Sentiment: GE Aerospace added Microsoft AI leader Judson Althoff to its board, a move that could strengthen its technology and digital strategy as the company expands use of AI across aviation and defense. GE Aerospace adds Microsoft AI leader to board
• Positive Sentiment: Analysts highlighted strong momentum in GE Aerospace’s Defense & Propulsion unit, citing solid order growth, rising revenue, major defense contracts, and a robust pipeline that could support future earnings. Strength in Defense & Propulsion Unit Drives GE: Will the Momentum Last?
• Positive Sentiment: GE Aerospace also announced a new propulsion power order from the U.S. Navy and progress in reopening jet-engine sales into China, both of which reinforce demand across its commercial and defense businesses. GE Aerospace Balances China Engine Reopening With New U.S. Navy Win
• Neutral Sentiment: News that SpaceX’s planned IPO could be valued above Boeing, RTX, GE Aerospace, and the rest of the S&P 500 aerospace group combined mainly highlights investor enthusiasm for private-space valuations rather than a direct change in GE’s fundamentals. SpaceX IPO Valuation Is Worth More Than Boeing, RTX, GE Aerospace And Every Other S&P 500 Aerospace Firm Combined: Report
• Neutral Sentiment: Reports that the Air India crash final report is delayed while GE engine analysis remains pending could create headline risk, but it does not yet indicate a final finding against GE Aerospace. AI-171 crash final report delayed as GE engine analysis remains pending; AAIB set for interim update
• Negative Sentiment: Broader market weakness in defense stocks and rising inflation/rate worries weighed on the sector, which can pressure GE Aerospace even when company-specific news is positive. Old Dominion Freight Line, GE Vernova, and Caterpillar Stocks Trade Down, What You Need To Know Defense Stocks Fall Despite Trump’s Promise of More Iran Strikes

Analyst Upgrades and Downgrades

A number of research firms recently commented on GE. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. UBS Group cut their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. TD Cowen cut their price objective on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Morgan Stanley cut their price objective on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price 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.