GE Aerospace
About: GE Aerospace is the leader in designing, manufacturing, and servicing large aircraft engines, along with partner Safran in their CFM joint venture. With its massive installed base of nearly 70,000 commercial and military engines, GE Aerospace earns 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 until GE spun off its appliance, finance, healthcare, and wind and power businesses between 2016 and 2024.
Employees: 53,000
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
52% more first-time investments, than exits
New positions opened: 265 | Existing positions closed: 174
23% more repeat investments, than reductions
Existing positions increased: 920 | Existing positions reduced: 748
17% more call options, than puts
Call options by funds: $2.24B | Put options by funds: $1.91B
0.98% more ownership
Funds ownership: 77.02% [Q3] → 78.0% (+0.98%) [Q4]
0% more funds holding in top 10
Funds holding in top 10: 59 [Q3] → 59 (+0) [Q4]
1% less funds holding
Funds holding: 2,322 [Q3] → 2,298 (-24) [Q4]
10% less capital invested
Capital invested by funds: $157B [Q3] → $141B (-$16.2B) [Q4]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
7 analyst ratings
B of A Securities Ronald Epstein 56% 1-year accuracy 18 / 32 met price target | 13%upside $225 | Buy Maintained | 27 Jan 2025 |
Citigroup Andrew Kaplowitz 54% 1-year accuracy 44 / 81 met price target | 18%upside $235 | Buy Maintained | 27 Jan 2025 |
RBC Capital Ken Herbert 51% 1-year accuracy 35 / 68 met price target | 10%upside $220 | Outperform Maintained | 24 Jan 2025 |
UBS Chris Snyder 72% 1-year accuracy 13 / 18 met price target | 18%upside $235 | Buy Maintained | 24 Jan 2025 |
Wells Fargo Matthew Akers 34% 1-year accuracy 20 / 58 met price target | 25%upside $250 | Overweight Maintained | 24 Jan 2025 |
Financial journalist opinion
Based on 53 articles about GE published over the past 30 days
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