Institutional Investors Adjust Positions in GE Aerospace (NYSE:GE)

Several institutional investors have modified their stakes in GE Aerospace (NYSE:GE). Public Sector Pension Investment Board reduced its holdings by 43.7%, owning 244,915 shares worth approximately $49.02 million. Thoroughbred Financial Services LLC lessened its stake by 17.1%, holding 5,516 shares valued at $1.10 million. Bornite Capital Management LP decreased its position by 62.3%, owning 80,000 shares worth $16.01 million.

Other firms, including Brighton Jones LLC, Revolve Wealth Partners LLC, and Advisors Capital Management LLC, increased their positions. GAMMA Investing LLC and Janus Henderson Group PLC significantly increased their holdings, reflecting strong confidence in GE Aerospace.

Analyst ratings for GE Aerospace show a consensus of "Moderate Buy." Barclays raised its price target to $295, and UBS Group to $321. GE Aerospace's recent quarterly earnings reported $1.66 EPS, exceeding estimates by $0.23, with revenues up 21.2% year-over-year. The company also announced a quarterly dividend of $0.36 per share, representing a 0.5% dividend yield.

Approximately 74.77% of GE Aerospace is owned by institutional investors.

GE Aerospace reported $1.66 EPS for the quarter, beating analysts' estimates of $1.43.

GE Aerospace has a consensus rating of "Moderate Buy."

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