Capital International Ltd. CA Buys 7,774 Shares of GE Aerospace $GE

by · The Cerbat Gem

Capital International Ltd. CA increased its stake in GE Aerospace (NYSE:GEFree Report) by 7.5% in the 4th quarter, HoldingsChannel.com reports. The fund owned 111,524 shares of the company’s stock after purchasing an additional 7,774 shares during the quarter. GE Aerospace comprises 1.2% of Capital International Ltd. CA’s investment portfolio, making the stock its 17th largest holding. Capital International Ltd. CA’s holdings in GE Aerospace were worth $34,353,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in GE Aerospace by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after purchasing an additional 699,364 shares in the last quarter. State Street Corp boosted its holdings in GE Aerospace by 0.7% during the 3rd quarter. State Street Corp now owns 44,577,642 shares of the company’s stock worth $13,425,562,000 after acquiring an additional 308,730 shares during the last quarter. Geode Capital Management LLC boosted its holdings in GE Aerospace by 1.3% during the 4th quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock worth $7,615,200,000 after acquiring an additional 312,880 shares during the last quarter. Capital World Investors boosted its holdings in GE Aerospace by 16.2% during the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after acquiring an additional 2,995,054 shares during the last quarter. Finally, Norges Bank purchased a new position in GE Aerospace during the 4th quarter worth $4,444,736,000. Institutional investors 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. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. UBS Group lowered their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. 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. Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Finally, Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One investment 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 assigned a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $348.22.

Read Our Latest Research Report on GE Aerospace

GE Aerospace Stock Up 0.3%

Shares of GE opened at $328.69 on Friday. The firm has a market cap of $342.93 billion, a P/E ratio of 40.48, a P/E/G ratio of 2.91 and a beta of 1.37. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.48. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The stock has a 50 day simple moving average of $298.84 and a two-hundred day simple moving average of $306.22.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings data 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 during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts forecast that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

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GE Aerospace Profile

(Free Report)

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.

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