State of Michigan Retirement System Sells 2,200 Shares of GE Aerospace $GE

State of Michigan Retirement System decreased its holdings in GE Aerospace (NYSE:GE) by 0.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 273,961 shares of the company’s stock after selling 2,200 shares during the quarter. State of Michigan Retirement System’s holdings in GE Aerospace were worth $77,742,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in GE. Blueline Advisors LLC purchased a new stake in shares of GE Aerospace in the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $32,000. Lifetime Wealth Management P.C. bought a new stake in GE Aerospace during the fourth quarter worth $40,000. Finally, Beaird Harris Wealth Management LLC grew its holdings in GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after buying an additional 59 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Key Stories Impacting GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace is expected to post another solid second quarter, with analysts pointing to strong commercial aviation demand and a resilient defense business. The company’s consensus Q2 estimate is $1.86 per share on $11.9 billion in revenue, which would reinforce the recent operational strength. Article Title
• Positive Sentiment: News that HAL received a seventh GE engine for Tejas Mk-1A fighter jets supports the investment case for GE Aerospace’s defense and international engine business, highlighting continued production activity and customer demand. Article Title
• Positive Sentiment: Multiple reports note that GE Aerospace remains one of the market’s standout industrial names, with shares up strongly over the past year and orders nearly doubling last quarter. That strength keeps sentiment constructive heading into earnings. Article Title
• Neutral Sentiment: Several previews focus on benchmark comparisons, analyst estimates, and peer performance, but do not introduce a new catalyst. These pieces mainly reinforce that investors are waiting for the earnings release and updated guidance. Article Title
• Neutral Sentiment: Analysts’ price target chatter around GE Aerospace largely reflects existing optimism rather than a fresh fundamental update, so it is unlikely to move the stock on its own. Article Title
• Negative Sentiment: Some market coverage says GE Aerospace’s valuation is already elevated, which could limit further upside even if earnings are strong. Investors appear wary that high expectations may leave little room for disappointment. Article Title

GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $353.48 on Tuesday. The business’s fifty day simple moving average is $332.00 and its 200 day simple moving average is $317.52. The firm has a market capitalization of $368.80 billion, a P/E ratio of 43.53, a price-to-earnings-growth ratio of 3.18 and a beta of 1.35. GE Aerospace has a 12 month low of $254.66 and a 12 month high of $382.97. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last posted its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be issued a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Monday, July 6th. GE Aerospace’s payout ratio is 23.15%.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on GE shares. Susquehanna restated a “positive” rating and set a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a research note on Thursday. President Capital reduced their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a report on Wednesday, May 20th. Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Finally, BNP Paribas Exane cut their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $363.11.

About GE Aerospace

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.