Varma Mutual Pension Insurance Co Has $53.52 Million Holdings in GE Aerospace $GE

Varma Mutual Pension Insurance Co increased its holdings in shares of GE Aerospace (NYSE:GE) by 2.6% during the fourth quarter, Holdings Channel reports. The fund owned 173,745 shares of the company’s stock after purchasing an additional 4,437 shares during the period. Varma Mutual Pension Insurance Co’s holdings in GE Aerospace were worth $53,519,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Sun Financial Inc bought a new stake in GE Aerospace during the 4th quarter worth approximately $1,341,000. Reynders McVeigh Capital Management LLC grew its position in GE Aerospace by 24.3% during the 4th quarter. Reynders McVeigh Capital Management LLC now owns 1,581 shares of the company’s stock worth $487,000 after acquiring an additional 309 shares during the last quarter. Elite Wealth Management Inc. bought a new stake in GE Aerospace during the 4th quarter worth approximately $3,867,000. Summit Wealth & Retirement Planning Inc. grew its position in GE Aerospace by 25.5% during the 4th quarter. Summit Wealth & Retirement Planning Inc. now owns 970 shares of the company’s stock worth $299,000 after acquiring an additional 197 shares during the last quarter. Finally, Core Alternative Capital grew its position in GE Aerospace by 162.8% during the 4th quarter. Core Alternative Capital now owns 1,866 shares of the company’s stock worth $575,000 after acquiring an additional 1,156 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Up 0.1%

Shares of GE opened at $286.91 on Monday. The firm has a market capitalization of $299.34 billion, a price-to-earnings ratio of 35.33, a PEG ratio of 2.66 and a beta of 1.36. 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 fifty day moving average price is $305.62 and its two-hundred day moving average price is $306.38. GE Aerospace has a 52 week low of $205.56 and a 52 week high of $348.48.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data 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 firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the company earned $1.49 EPS. The business’s quarterly 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, analysts predict that GE Aerospace will post 7.46 earnings per share for the current year.

GE Aerospace Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, March 9th were given a $0.47 dividend. The ex-dividend date was Monday, March 9th. This represents a $1.88 annualized dividend and a dividend yield of 0.7%. This is an increase from GE Aerospace’s previous quarterly dividend of $0.36. GE Aerospace’s dividend payout ratio is 23.15%.

Analyst Upgrades and Downgrades

A number of research firms recently commented on GE. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. increased their price target on GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Finally, Deutsche Bank Aktiengesellschaft increased their price objective on GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $349.89.

GE Aerospace Company 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.