MML Investors Services LLC Has $56.82 Million Stake in GE Aerospace $GE

MML Investors Services LLC boosted its stake in GE Aerospace (NYSE:GEFree Report) by 2.0% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 184,476 shares of the company’s stock after buying an additional 3,698 shares during the quarter. MML Investors Services LLC’s holdings in GE Aerospace were worth $56,824,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Blueline Advisors LLC acquired a new stake in GE Aerospace in the 4th quarter valued at $25,000. Ankerstar Wealth LLC acquired a new stake in GE Aerospace in the 4th quarter valued at $31,000. Abich Financial Wealth Management LLC acquired a new stake in GE Aerospace in the 3rd quarter valued at $32,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the 4th quarter valued at $32,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in GE Aerospace in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

GE has been the topic of several recent analyst reports. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. UBS Group decreased their price target 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. Morgan Stanley cut their price objective on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace presently has an average rating of “Moderate Buy” and an average target price of $348.22.

Check Out Our Latest Stock Report on GE Aerospace

GE Aerospace Trading Up 2.1%

Shares of GE opened at $342.40 on Tuesday. The stock has a fifty day moving average price of $304.50 and a two-hundred day moving average price of $307.80. 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 has a 52-week low of $232.24 and a 52-week high of $348.90. The company has a market cap of $357.24 billion, a price-to-earnings ratio of 42.17, a PEG ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the previous year, the company posted $1.49 EPS. The business’s revenue for the quarter 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. Analysts predict that GE Aerospace will post 7.48 EPS for the current fiscal year.

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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