GE Aerospace $GE Shares Sold by Banque Cantonale Vaudoise

Banque Cantonale Vaudoise decreased its position in shares of GE Aerospace (NYSE:GEFree Report) by 11.1% during the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 33,473 shares of the company’s stock after selling 4,179 shares during the period. Banque Cantonale Vaudoise’s holdings in GE Aerospace were worth $10,311,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the company. REAP Financial Group LLC purchased a new position in shares of GE Aerospace during the 3rd quarter worth $25,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at $32,000. Abich Financial Wealth Management LLC acquired a new position in GE Aerospace in the third quarter valued at $32,000. Redmont Wealth Advisors LLC acquired a new position in GE Aerospace in the third quarter valued at $36,000. Finally, Strengthening Families & Communities LLC purchased a new position in GE Aerospace during the third quarter worth about $38,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Down 0.5%

Shares of GE Aerospace stock opened at $284.68 on Wednesday. The company has a fifty day moving average price of $295.74 and a 200 day moving average price of $305.50. 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 has a twelve month low of $228.01 and a twelve month high of $348.48. The stock has a market cap of $297.02 billion, a price-to-earnings ratio of 35.06, a price-to-earnings-growth ratio of 2.66 and a beta of 1.36.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the previous year, the firm posted $1.49 earnings per share. The firm’s quarterly revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts forecast that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

GE Aerospace News Summary

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

Wall Street Analyst Weigh In

Several analysts have commented on the company. President Capital lowered their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research report on Wednesday, April 22nd. BNP Paribas Exane dropped their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Citigroup cut their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Finally, Daiwa Securities Group started coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $348.22.

Read Our Latest Stock Report on GE Aerospace

About GE Aerospace

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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