Passumpsic Savings Bank Takes Position in GE Aerospace $GE

Passumpsic Savings Bank acquired a new stake in GE Aerospace (NYSE:GE) in the 4th quarter, Holdings Channel.com reports. The fund acquired 24,990 shares of the company’s stock, valued at approximately $7,698,000. GE Aerospace accounts for 4.2% of Passumpsic Savings Bank’s holdings, making the stock its 3rd biggest holding.

Other institutional investors and hedge funds have also modified their holdings of the company. REAP Financial Group LLC acquired a new position in shares of GE Aerospace in the 3rd quarter valued at approximately $25,000. Abich Financial Wealth Management LLC acquired a new position in shares of GE Aerospace in the 3rd quarter valued at approximately $32,000. Redmont Wealth Advisors LLC acquired a new position in shares of GE Aerospace in the 3rd quarter valued at approximately $36,000. Strengthening Families & Communities LLC acquired a new position in shares of GE Aerospace in the 3rd quarter valued at approximately $38,000. Finally, Beaird Harris Wealth Management LLC grew its position 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 and hedge funds.

GE Aerospace Stock Up 0.1%

Shares of GE stock opened at $281.91 on Monday. 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 $227.59 and a 1 year high of $348.48. The firm’s fifty day moving average price is $297.32 and its two-hundred day moving average price is $305.87. The firm has a market capitalization of $294.13 billion, a P/E ratio of 34.72, a PEG ratio of 2.62 and a beta of 1.36.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results 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 net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period in the previous year, the business earned $1.49 EPS. The company’s 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, equities analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace’s CEO reportedly met with China’s National Development and Reform Commission, raising hopes for new engine orders and improved China access for the company. Reuters article
• Positive Sentiment: Reuters and other reports suggest GE Aerospace could sell hundreds of engines to China if aircraft deals expand, which would be a meaningful long-term revenue tailwind. Bizjournals article
• Positive Sentiment: GE Aerospace and Emirates announced a plan to develop piece-part repair capabilities for GE90 and GP7200 engines, supporting the company’s higher-margin maintenance and aftermarket business. Aviation Week article
• Neutral Sentiment: GE Aerospace Weekend promotion is a branding and marketing item, but it is unlikely to materially affect the stock. MLB article
• Negative Sentiment: BNP Paribas Exane cut its price target on GE Aerospace to $270 and kept an underperform rating, reinforcing concerns that the stock may have limited upside near current levels. American Banking News article

Analyst Ratings Changes

Several equities analysts recently issued reports on GE shares. Morgan Stanley decreased 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. TD Cowen decreased their price objective on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Daiwa Securities Group started coverage on GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Finally, Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average 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.