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GE Aerospace (GE) designs and manufactures jet and turboprop engines and integrated systems for commercial, military, business, and general aircraft. The company was spun off from multinational corporation General Electric, which provided a range of products and services, including aircraft engines, power generation, oil and gas production equipment, medical imaging, financing, and more.
As of Dec. 31, 2024, the top individual shareholders are H. Lawrence Culp, Russell Stokes, and L. Kevin Cox. The top institutional holders of GE Aerospace shares are Vanguard Group, BlackRock, and Fidelity Investments.
The company’s market capitalization was $298.72 billion as of Sept. 12, 2025. The trailing 12-month (TTM) revenue was $41.61 billion, with net income of $7.74 billion.
Key Takeaways
- GE Aerospace is a major provider of engines and integrated systems to the aviation market.
- The largest individual investors are company insiders, including members of the company’s leadership team.
- The largest shareholders are asset managers Vanguard, BlackRock, and Fidelity.
Top 3 Individual Insider Shareholders
The following are the top individual insider shareholders for GE Aerospace, based on the company’s filings. This list includes only shares directly owned, not those accessible by stock options or other means.
H. Lawrence Culp, Jr.
H. Lawrence Culp, Jr. owns a total of 1.21 million shares of GE Aerospace. Culp is GE Aerospace’s chair and chief executive officer (CEO). He first joined the company’s board of directors in April 2018 and assumed the role of CEO in October 2018.
Before joining the company, he served as the president and CEO of Danaher (DHR) between 2000 and 2014. During that time, Culp helped Danaher increase its revenue and market value by five times. He was ranked by Harvard Business Review as one of the Top 50 CEOs in the world.
Russell Stokes
Russell Stokes owns a total of 582,812 shares. Stokes is the president and CEO of the company’s commercial engines and services division, and chairman of GE Aviation Services.
Stokes has held numerous roles with GE, including as CEO of GE Power, president and CEO of GE Energy Connections, president and CEO of GE Transportation, as well as leadership positions in finance, operations, and services within GE Transportation, GE Aviation, and GE Lighting.
L. Kevin Cox
L. Kevin Cox owns 183,233 shares of GE Aerospace. He founded LKC Advisory in May 2024 and serves as its president, but served as the chief administrative officer of GE Aerospace between February 2023 and April 2024.
Before this, Cox was appointed as the chief human resources officer for GE in February 2019. His human resources career spanned three decades, with positions in major companies like American Express, the Pepsi Bottling Group, and PepsiCo.
Important
“Insider” refers to people in senior management positions and members of the board of directors, as well as people or entities that own more than 10% of the company’s stock. In this context, it has nothing to do with insider trading.
Top 3 Institutional Shareholders
Institutional investors are typically major entities that manage and invest large sums of money for their clients. The list below highlights the three main shareholders in this category as of Dec. 31, 2024.
Vanguard Group
Vanguard Group owns 88.43 million shares of GE Aerospace, representing 8.20% of total shares outstanding.
The company is primarily a mutual fund and ETF management company with about $5.83 trillion in global AUM. The Vanguard S&P 500 ETF (VOO) is one of the company’s largest ETFs with about $1.3 trillion in net assets. GE comprises 0.54% of VOO’s holdings.
BlackRock
BlackRock owns about 82.45 million shares of GE, representing 7.70% of the total outstanding shares of GE Aerospace.
The company is primarily a mutual fund and ETF management company with about $12.5 trillion in global AUM. The iShares S&P Core 500 ETF (IVV) is one of the company’s largest ETFs with about $640.67 billion in assets. GE comprises 0.54% of IVV’s holdings.
Fidelity Investments
Fidelity Investments (formerly known as Fidelity Management & Research, as referred to in GE Aerospace’s proxy statement) owns 66.92 million shares of the company, representing 6.20% of its outstanding shares.
The company had $16.4 trillion in assets under administration. The company’s High Dividend ETF (FDVV) had $6.78 billion in total assets. GE Aerospace comprised 0.31% of the fund’s portfolio.
What Is GE Aerospace’s Biggest Source of Revenue?
GE Aerospace designs and manufactures jet and turboprop engines, as well as integrated systems for different markets that require aviation parts and services. According to the company’s annual report, 70% of its revenue comes from aftermarket services. These include wing support, marine services, and test services, to name a few.
How Much Is GE Aerospace Worth?
Shares of GE Aerospace traded at about $282 as of the end of Sept. 12, 2025. The company’s market capitalization was $298.72 billion.
Why Did General Electric Split Up?
General Electric suffered a substantial loss of shareholder value during the 2008 market crash, due to investment strategies that prioritized accumulating financial assets over real-world production. In 2021, the company announced plans to spin off its healthcare and energy generation businesses, with the remainder focusing on aviation. GE Healthcare was spun off in 2023, and the spinoff of GE Vernova, the company’s power generation entity, is planned for early 2024.
The Bottom Line
GE Aerospace was spun off from General Electric in 2021. The company provides components and systems to the aviation market, including those in the commercial, military, business, and general spaces. The company’s largest shareholders include those from within the company and institutional giants like Vanguard, BlackRock, and Fidelity. If you’re interested in investing in the company, you can purchase shares or invest in a fund with GE Aerospace in its portfolio.
