Gunderson Capital Management LLC Has $7.46 Million Stock Position in GE Aerospace $GE

Gunderson Capital Management LLC increased its stake in GE Aerospace (NYSE:GEFree Report) by 6.9% during the first quarter, Holdings Channel reports. The firm owned 26,308 shares of the company’s stock after acquiring an additional 1,699 shares during the period. GE Aerospace makes up approximately 3.1% of Gunderson Capital Management LLC’s investment portfolio, making the stock its 16th biggest position. Gunderson Capital Management LLC’s holdings in GE Aerospace were worth $7,465,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blueline Advisors LLC acquired a new stake in GE Aerospace during the fourth quarter worth about $25,000. Ankerstar Wealth LLC acquired a new position in shares of GE Aerospace in the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace during the 4th quarter worth approximately $32,000. Lifetime Wealth Management P.C. acquired a new stake in shares of GE Aerospace during the 4th quarter worth approximately $40,000. Finally, Beaird Harris Wealth Management LLC boosted its position in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after acquiring an additional 59 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Trading Down 0.7%

Shares of GE Aerospace stock opened at $368.66 on Friday. The firm has a market capitalization of $384.64 billion, a PE ratio of 45.40, a price-to-earnings-growth ratio of 3.27 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The firm’s 50 day moving average is $314.76 and its 200 day moving average is $312.01. GE Aerospace has a 1 year low of $243.34 and a 1 year high of $379.67.

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, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior year, the firm earned $1.49 EPS. The firm’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. Equities research analysts forecast that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

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

Analysts Set New Price Targets

Several brokerages have commented on GE. BNP Paribas Exane lowered their price objective 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. Weiss Ratings downgraded GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Wells Fargo & Company started coverage on GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target on the stock. Sanford C. Bernstein boosted their price target on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Finally, President Capital dropped their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

View Our Latest Research Report on GE

GE Aerospace News Summary

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GE Aerospace Company Profile

(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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