BlackRock's position in GE Aerospace is currently worth $29.7B. That's 0.45% of their equity portfolio (29th largest holding). The investor owns 8.79% of the outstanding GE Aerospace stock. The first GE Aerospace trade was made in Q4 2020. Since then BlackRock bought shares eleven more times and sold shares on six occasions. The stake costed the investor $9.35B, netting the investor a gain of 218% so far.
GE Aerospace remains a top industrial compounder with 75% commercial engine market share and robust secular tailwinds in both commercial and defense segments...
GE tops Q1 estimates with strong revenue and orders growth, driven by booming commercial services, but margin pressure persists amid rising costs.
Defense stocks will be some of the key names to move the stock market higher, says Kevin Mahn. He points to the Trump administration's push for a $1.5 trilli...
U.S. stocks traded lower midway through trading, with the S&P 500 falling around 0.2% on Tuesday.