PNC Financial Services Group Inc. Sells 16,929 Shares of GE Aerospace $GE

PNC Financial Services Group Inc. decreased its position in shares of GE Aerospace (NYSE:GE) by 1.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 936,983 shares of the company’s stock after selling 16,929 shares during the period. PNC Financial Services Group Inc.’s holdings in GE Aerospace were worth $288,619,000 at the end of the most recent quarter.

Several other large investors have also recently added to or reduced their stakes in GE. REAP Financial Group LLC bought a new position in GE Aerospace during the 3rd quarter worth $25,000. Abich Financial Wealth Management LLC bought a new position in GE Aerospace during the 3rd quarter worth $32,000. Tucker Asset Management LLC bought a new position in GE Aerospace during the 4th quarter worth $32,000. Redmont Wealth Advisors LLC bought a new position in GE Aerospace during the 3rd quarter worth $36,000. Finally, Strengthening Families & Communities LLC bought a new position in GE Aerospace during the 3rd quarter worth $38,000. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Down 0.5%

Shares of GE stock opened at $284.68 on Wednesday. The stock’s fifty day moving average price is $295.74 and its two-hundred day moving average price is $305.50. The company has a market cap of $297.02 billion, a PE ratio of 35.06, a P/E/G ratio of 2.66 and a beta of 1.36. GE Aerospace has a fifty-two week low of $228.01 and a fifty-two week high of $348.48. 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:GE) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace News Summary

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace won a U.S. Air Force contract to advance the GE426 engine for the Autonomous Collaborative Platform program, reinforcing its position in defense propulsion and highlighting new long-term growth opportunities. GE Aerospace Awarded U.S. Air Force Contract to Advance GE426 Engine for Autonomous Collaborative Platform
• Positive Sentiment: The company also disclosed progress on AI-enabled engine design, including a generative-AI tool that helped create a hypersonic ramjet concept far faster than traditional methods, which could improve development speed and competitiveness. GE Aerospace Just Did Something Amazing With AI
• Positive Sentiment: Media reports also highlighted a new 10-year Boeing 787 support deal with Japan Airlines, which should support GE Aerospace’s services revenue and deepen its installed-base monetization. GE Aerospace Expands Defense, Aviation Business With Two Major Deals
• Neutral Sentiment: The stock has also been getting attention from bullish commentary, options activity, and analyst optimism, but these are more sentiment-driven than directly fundamental. Jim Cramer on GE Aerospace: “Buy, GE Is Larry Culp”
• Neutral Sentiment: GE Aerospace also announced additional investment in its Pune, India manufacturing facility, signaling capacity expansion, though the near-term stock impact is less direct. GE Aerospace announces ₹100 crore investment in Pune manufacturing plant

Wall Street Analyst Weigh In

A number of research analysts recently commented on the company. The Goldman Sachs Group raised their price target on GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Citigroup decreased their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. TD Cowen decreased their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Finally, Deutsche Bank Aktiengesellschaft raised their price target on GE Aerospace from $375.00 to $387.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has assigned 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 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.