State of Wisconsin Investment Board Has $175.81 Million Stake in GE Aerospace $GE

State of Wisconsin Investment Board trimmed its stake in GE Aerospace (NYSE:GE) by 7.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 570,746 shares of the company’s stock after selling 43,089 shares during the period. State of Wisconsin Investment Board owned about 0.05% of GE Aerospace worth $175,807,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Wolff Wiese Magana LLC increased its holdings 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 purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC increased its holdings 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 purchasing an additional 33 shares during the period. Darwin Wealth Management LLC increased its holdings in GE Aerospace by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after purchasing an additional 33 shares during the period. LRI Investments LLC raised its position in shares of GE Aerospace by 1.4% in the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock worth $736,000 after acquiring an additional 33 shares in the last quarter. Finally, Saxon Interests Inc. raised its position in shares of GE Aerospace by 2.5% in the 4th quarter. Saxon Interests Inc. now owns 1,351 shares of the company’s stock worth $416,000 after acquiring an additional 33 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

GE has been the subject of several research analyst reports. TD Cowen lowered their price objective on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Citigroup lowered their price objective on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Seaport Research Partners initiated coverage on GE Aerospace in a research report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a research report on Wednesday, May 20th. Finally, Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. One 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 issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace Stock Performance

Shares of GE opened at $352.10 on Wednesday. GE Aerospace has a one year low of $232.24 and a one year high of $352.88. The company has a market cap of $367.36 billion, a PE ratio of 43.36, a P/E/G ratio of 3.03 and a beta of 1.37. The stock has a 50-day moving average of $305.92 and a 200-day moving average of $308.18. 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 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. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period in the previous year, the company posted $1.49 EPS. The firm’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 research analysts predict that GE Aerospace will post 7.48 EPS 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.