GE Aerospace
GE

$161.23

1.6%

Market Cap: $175B

About: GE Aerospace is the global leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive global installed base of nearly 70,000 commercial and military engines, GE Aerospace earns most of its profits on recurring service revenue of that equipment, which operates for decades. GE Aerospace is the remaining core business of the company formed in 1892 with historical ties to American inventor Thomas Edison; that company became a storied conglomerate with peak revenue of $130 billion in 2000. GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.

Employees: 125,000

Industrials Electronic & Other Electrical Equipment, Except Computer Equipment

0

Funds holding %

of 6,686 funds

0

Analysts bullish %

of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

68.73% more ownership

Funds ownership: 9.01% [Q1] → 77.74% (+68.73%) [Q2]

55% more call options, than puts

Call options by funds: $2.79B | Put options by funds: $1.8B

35% more repeat investments, than reductions

Existing positions increased: 881 | Existing positions reduced: 654

7% more first-time investments, than exits

New positions opened: 232 | Existing positions closed: 216

1% more funds holding

Funds holding: 2,093 [Q1] → 2,109 (+16) [Q2]

6% less capital invested

Capital invested by funds: $145B [Q1] → $136B (-$9.23B) [Q2]

23% less funds holding in top 10

Funds holding in top 10: 70 [Q1] → 54 (-16) [Q2]

See Fund Rankings

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$190

18%

upside

Avg. target

$201

24%

upside

High target

$209

30%

upside

6 analyst ratings

6 positive

100%

0 neutral

0%

0 negative

0%

Barclays Julian Mitchell 69% 1-year accuracy 49 / 71 met price target	24%upside $200	Overweight Maintained	30 Jul 2024
RBC Capital Ken Herbert 81% 1-year accuracy 50 / 62 met price target	18%upside $190	Outperform Maintained	24 Jul 2024
Wells Fargo Matthew Akers 89% 1-year accuracy 25 / 28 met price target	27%upside $205	Overweight Maintained	24 Jul 2024
UBS Gavin Parsons 56% 1-year accuracy 9 / 16 met price target	30%upside $209	Buy Maintained	1 Jul 2024
Jefferies Sheila Kahyaoglu 60% 1-year accuracy 9 / 15 met price target	18%upside $190	Buy Maintained	28 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 21 articles about GE published over the past 30 days

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The 'Undercovered' Dozen series highlights 12 lesser-known stocks, offering fresh investment ideas and encouraging community discussion on their potential. Gen Alpha argues that EPR Properties, a diversified experiential REIT, shows promising tenant rent coverage and stability, especially with AMC's debt refinancing. Gilead Sciences' strong Q2 2024 results, robust HIV franchise, and high dividend yield support a continued "Buy" from ALLKA Research.

Undercovered Dozen: EPR Properties, Gilead, Portland General Electric, CNH Industrial +

The Motley Fool

Here's Why GE Vernova Stock Soared in August

Gas power has a key role to play in the clean energy transition. GE Vernova's wind power business received some good news in August.

Here's Why GE Vernova Stock Soared in August

CNBC Television

Calls of the Day: Berkshire Hathaway B, GE Aerospace, Dupont De Nemours, and Target

The Investment Committee discuss the latest Calls Of The Day.

Calls of the Day: Berkshire Hathaway B, GE Aerospace, Dupont De Nemours, and Target

Bull Market Millionaires: 3 Dividend Stocks To Build A Fortune

Investors with stock market exposure are thriving, widening the wealth gap as market valuations soar. Meanwhile, many struggle with inflation and rates. Despite high valuations and elevated sentiment, I'm focused on dividend stocks that offer strong growth potential and financial resilience. By targeting quality companies with robust business models, I'm strategically building my portfolio to reach long-term financial goals amidst market risks.

Bull Market Millionaires: 3 Dividend Stocks To Build A Fortune

Schaeffers Research

Defense Sector: Overbought or Resilient?

Subscribers to Chart of the Week received this commentary on Sunday, September 1.

Defense Sector: Overbought or Resilient?

Airplane engines are in short supply. The business of fixing older ones is booming

Engine repair shops have swelled to a $58 billion business, according to Alton Aviation Consultancy, and are cash cow for engine makers like GE Aerospace.

Airplane engines are in short supply. The business of fixing older ones is booming

The Motley Fool

Here's Why GE Aerospace Stock Slumped Today

A push-out of a new Boeing airplane would hurt GE Aerospace's long-term profitability. Boeing exists to make airplanes, and even if an equity raise is necessary to raise cash, it will not necessarily impact GE Aerospace.

Here's Why GE Aerospace Stock Slumped Today

GE Aerospace vs. Rolls-Royce: Why analysts favor GE as the leading industrial stock

In a notable shift, GE Aerospace (NYSE: GE) is emerging as the premier industrial stock to own, surpassing Rolls-Royce Holdings PLC (LON: RR) for long-term investment potential.

GE Aerospace vs. Rolls-Royce: Why analysts favor GE as the leading industrial stock

GE Vernova buys remaining stake in Saudi JV from Dussur

U.S. power equipment maker GE Vernova said on Monday it has acquired the remaining ownership stake in a Saudi gas turbine producing joint venture from state-owned Dussur.

GE Vernova buys remaining stake in Saudi JV from Dussur

Portland General Electric: An Attractive Equity Bond As Fed Rates Fall

Portland General Electric offers a 4.2% dividend and has a 6.5% earnings yield, making it quite attractive compared to the 10-year Treasury bond. Trading below its historical P/E average, it presents a potential buying opportunity, especially with anticipated federal interest rate cuts. The company has strong financial metrics, a favorable regulatory environment, and is making significant investments in infrastructure and renewable energy.

Portland General Electric: An Attractive Equity Bond As Fed Rates Fall

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