GE Aerospace $GE Shares Sold by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lowered its holdings in GE Aerospace (NYSE:GE) by 1.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 118,218 shares of the company’s stock after selling 1,883 shares during the quarter. GE Aerospace accounts for 0.4% of Mutual of America Capital Management LLC’s holdings, making the stock its 26th biggest position. Mutual of America Capital Management LLC’s holdings in GE Aerospace were worth $36,415,000 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 the business. Integrity Financial Corp WA purchased a new stake in GE Aerospace during the third quarter worth $481,000. Prime Capital Investment Advisors LLC boosted its holdings in GE Aerospace by 23.6% during the third quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after buying an additional 9,750 shares in the last quarter. HORAN Wealth LLC boosted its holdings in GE Aerospace by 667.0% during the third quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after buying an additional 8,865 shares in the last quarter. Prospera Financial Services Inc boosted its holdings in GE Aerospace by 18.1% during the third quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after buying an additional 7,315 shares in the last quarter. Finally, Allworth Financial LP boosted its holdings in GE Aerospace by 7.6% during the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after buying an additional 5,434 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Analysts Set New Price Targets

GE has been the topic of a number of recent analyst reports. Daiwa Securities Group initiated coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target on the stock. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Sanford C. Bernstein increased their price objective on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Citigroup decreased their price objective on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Finally, President Capital decreased their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Price Performance

GE Aerospace stock opened at $324.41 on Tuesday. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a 50-day moving average price of $296.32 and a 200 day moving average price of $305.74. The stock has a market cap of $338.47 billion, a P/E ratio of 39.95, a PEG ratio of 3.00 and a beta of 1.37.

GE Aerospace (NYSE:GE) last posted its earnings results 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 net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter last year, the firm earned $1.49 EPS. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts anticipate that GE Aerospace will post 7.47 earnings per share for the current year.

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.