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GE Aerospace

176.93 USD
-1.47
0.82%
At close Nov 15, 4:00 PM EST
After hours
176.73
-0.20
0.11%
1 day
-0.82%
5 days
-5.20%
1 month
-7.16%
3 months
4.11%
6 months
8.23%
Year to date
76.01%
1 year
90.62%
5 years
208.13%
10 years
33.40%
 

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

0
Funds holding %
of 6,704 funds
0
Analysts bullish %
of 9 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

84% more first-time investments, than exits

New positions opened: 284 | Existing positions closed: 154

48% more call options, than puts

Call options by funds: $3.53B | Put options by funds: $2.38B

25% more repeat investments, than reductions

Existing positions increased: 885 | Existing positions reduced: 707

14% more capital invested

Capital invested by funds: $138B [Q2] → $157B (+$18.8B) [Q3]

7% more funds holding in top 10

Funds holding in top 10: 54 [Q2] → 58 (+4) [Q3]

6% more funds holding

Funds holding: 2,132 [Q2] → 2,262 (+130) [Q3]

2.26% less ownership

Funds ownership: 78.88% [Q2] → 76.63% (-2.26%) [Q3]

Research analyst outlook

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

Low target
$200
13%
upside
Avg. target
$214
21%
upside
High target
$235
33%
upside

9 analyst ratings

positive
100%
neutral
0%
negative
0%
RBC Capital
Ken Herbert
79% 1-year accuracy
55 / 70 met price target
13%upside
$200
Outperform
Maintained
23 Oct 2024
B of A Securities
Ronald Epstein
71% 1-year accuracy
22 / 31 met price target
13%upside
$200
Buy
Maintained
23 Oct 2024
UBS
Gavin Parsons
53% 1-year accuracy
8 / 15 met price target
30%upside
$230
Buy
Maintained
23 Oct 2024
Wells Fargo
Matthew Akers
92% 1-year accuracy
34 / 37 met price target
19%upside
$210
Overweight
Maintained
23 Oct 2024
Bernstein
Brendan Luecke
0 / 0 met price target
27%upside
$225
Outperform
Maintained
14 Oct 2024

Financial journalist opinion

Based on 45 articles about GE published over the past 30 days

Charts implemented using Lightweight Charts™