GE Aerospace $GE Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its holdings in GE Aerospace (NYSE:GE) by 6.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 3,558,355 shares of the company’s stock after selling 244,135 shares during the quarter. Janus Henderson Group PLC owned 0.34% of GE Aerospace worth $1,096,082,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in GE. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace in the fourth quarter worth $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the fourth quarter worth $31,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the fourth quarter worth $32,000. Redmont Wealth Advisors LLC purchased a new stake in GE Aerospace during the third quarter worth $36,000. Finally, Beaird Harris Wealth Management LLC grew its position in GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after buying an additional 59 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Performance

GE opened at $356.84 on Thursday. 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 company has a market cap of $372.31 billion, a price-to-earnings ratio of 43.95, a PEG ratio of 3.12 and a beta of 1.37. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $362.33. The firm’s fifty day simple moving average is $307.29 and its two-hundred day simple moving average is $308.61.

GE Aerospace (NYSE:GE) last posted 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. The business had revenue of $11.61 billion for 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 company’s revenue was up 24.6% compared to the same quarter last year. During the same period last year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on GE. TD Cowen dropped their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Seaport Research Partners began coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target on the stock. Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a research report on Wednesday, May 27th. Sanford C. Bernstein raised their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Finally, Wells Fargo & Company began coverage on shares of GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. One investment 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 given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Profile

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.