Mitchell Mcleod Pugh & Williams Inc. Boosts Holdings in GE Aerospace $GE

Mitchell Mcleod Pugh & Williams Inc. boosted its position in shares of GE Aerospace (NYSE:GE) by 32.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,812 shares of the company’s stock after buying an additional 2,180 shares during the quarter. Mitchell Mcleod Pugh & Williams Inc.’s holdings in GE Aerospace were worth $2,829,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in GE. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the 4th quarter worth about $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of GE Aerospace during the 3rd quarter worth about $32,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace during the fourth quarter valued at approximately $32,000. Redmont Wealth Advisors LLC bought a new position in shares of GE Aerospace during the third quarter valued at approximately $36,000. Finally, Beaird Harris Wealth Management LLC grew its stake in shares of GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after buying an additional 59 shares during the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research analysts have recently commented on GE shares. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Sanford C. Bernstein upped their target price on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. Wells Fargo & Company started coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price on the stock. Finally, Weiss Ratings cut GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. 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 issued a Sell rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace News Summary

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

• Positive Sentiment: GE Aerospace’s Defense & Propulsion unit is showing strong order and revenue growth, supported by major defense contracts and a robust pipeline, which could help sustain momentum in the business. Strength in Defense & Propulsion Unit Drives GE: Will the Momentum Last?
• Positive Sentiment: GE Aerospace signaled a reopening of U.S. jet-engine sales in China as Boeing aircraft orders resume there, while also landing a new propulsion-power order from the U.S. Navy, both of which point to fresh commercial and defense demand. GE Aerospace Balances China Engine Reopening With New U.S. Navy Win
• Positive Sentiment: GE Aerospace and Wolfspeed announced a collaboration on high-voltage silicon carbide power electronics, which could strengthen GE’s position in next-generation aerospace and defense systems. GE Aerospace Wolfspeed Deal Reframes Long Term Power Electronics Story
• Neutral Sentiment: GE Aerospace remains a heavily watched aerospace name as broader sector investors assess defense spending trends, China demand, and the pace of commercial aviation recovery. Boeing & GE Aerospace Draw Focus As Recovery Takes Shape
• Negative Sentiment: Defense stocks were broadly weaker in midday trading despite renewed geopolitical tensions, suggesting that sector-wide sentiment may be limiting upside for GE Aerospace near term. Defense Stocks Fall Despite Trump’s Promise of More Iran Strikes

GE Aerospace Stock Down 3.4%

Shares of NYSE:GE opened at $319.24 on Thursday. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The stock has a market cap of $333.07 billion, a P/E ratio of 39.31, a price-to-earnings-growth ratio of 2.93 and a beta of 1.37. The business’s 50 day moving average is $301.45 and its 200 day moving average is $306.85. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate 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 prior year, the firm earned $1.49 earnings per share. GE Aerospace’s revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts predict that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Profile

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.