Investment Management Corp of Ontario Has $31.82 Million Stock Holdings in GE Aerospace $GE

Investment Management Corp of Ontario increased its holdings in shares of GE Aerospace (NYSE:GE) by 26.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 103,299 shares of the company’s stock after acquiring an additional 21,772 shares during the quarter. Investment Management Corp of Ontario’s holdings in GE Aerospace were worth $31,819,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in GE. Blueline Advisors LLC bought a new position in GE Aerospace during the fourth quarter valued at about $25,000. Ankerstar Wealth LLC bought a new position in GE Aerospace during the fourth quarter valued at about $31,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace in the 4th quarter valued at approximately $32,000. Redmont Wealth Advisors LLC bought a new stake in shares of GE Aerospace in the 3rd quarter valued at approximately $36,000. Finally, Beaird Harris Wealth Management LLC grew its stake in shares of GE Aerospace by 72.0% in the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the period. 74.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on GE shares. Morgan Stanley reduced their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a report on Wednesday, May 20th. TD Cowen reduced their target price on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Daiwa Securities Group assumed coverage on GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price on the stock. Finally, BNP Paribas Exane reduced their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Price Performance

GE stock opened at $356.84 on Thursday. The stock has a 50-day moving average price of $307.29 and a two-hundred day moving average price of $308.61. The stock has a market cap of $372.31 billion, a PE ratio of 43.95, a price-to-earnings-growth ratio of 3.12 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $362.33.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share 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 company had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter last year, the company earned $1.49 EPS. GE Aerospace’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. Equities analysts forecast that GE Aerospace will post 7.48 EPS for the current fiscal year.

About GE Aerospace

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.