Fjarde AP Fonden Fourth Swedish National Pension Fund Reduces Stake in GE Aerospace $GE

Fjarde AP Fonden Fourth Swedish National Pension Fund lowered its holdings in GE Aerospace (NYSE:GEFree Report) by 40.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 161,101 shares of the company’s stock after selling 109,640 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in GE Aerospace were worth $49,624,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. REAP Financial Group LLC purchased a new stake in GE Aerospace in the 3rd quarter worth approximately $25,000. Blueline Advisors LLC purchased a new stake in GE Aerospace in the 4th quarter worth approximately $25,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace in the 4th quarter worth approximately $32,000. Abich Financial Wealth Management LLC purchased a new stake in GE Aerospace in the 3rd quarter worth approximately $32,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in GE Aerospace in the 3rd quarter worth approximately $36,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 0.3%

Shares of NYSE:GE opened at $328.69 on Friday. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The firm has a market capitalization of $342.93 billion, a P/E ratio of 40.48, a P/E/G ratio of 2.90 and a beta of 1.37. The stock has a 50 day moving average price of $298.84 and a 200-day moving average price of $306.22. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the company earned $1.49 EPS. The business’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. As a group, equities research analysts anticipate that GE Aerospace will post 7.48 EPS for the current fiscal year.

Analyst Ratings Changes

GE has been the subject of several research analyst reports. President Capital dropped their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Daiwa Securities Group initiated coverage on GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. 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 target price for the company. Finally, TD Cowen decreased their target price 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. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

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About GE Aerospace

(Free Report)

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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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