Expressive Wealth LLC bought a new position in GE Aerospace (NYSE:GE – Free Report) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 1,733 shares of the company’s stock, valued at approximately $534,000.
Other hedge funds have also made changes to their positions in the company. Phoenix Financial Ltd. lifted its holdings in shares of GE Aerospace by 34.3% in the 3rd quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock worth $6,808,000 after buying an additional 5,775 shares during the period. Integrity Financial Corp WA purchased a new stake in shares of GE Aerospace during the 3rd quarter worth $481,000. Prime Capital Investment Advisors LLC lifted its stake in shares of GE Aerospace by 23.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after purchasing an additional 9,750 shares during the last quarter. HORAN Wealth LLC lifted its stake in shares of GE Aerospace by 667.0% during the 3rd quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after purchasing an additional 8,865 shares during the last quarter. Finally, Prospera Financial Services Inc lifted its stake in shares of GE Aerospace by 18.1% during the 3rd quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after purchasing an additional 7,315 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.
Analyst Upgrades and Downgrades
Several equities analysts have issued reports on the company. Seaport Research Partners assumed coverage on GE Aerospace in a research note on Tuesday. They issued a “buy” rating and a $375.00 target price on the stock. President Capital cut their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Royal Bank Of Canada reiterated an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. Daiwa Securities Group assumed coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price on the stock. Finally, Wells Fargo & Company assumed coverage on GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, GE Aerospace has an average rating of “Moderate Buy” and an average target price of $348.22.
GE Aerospace Stock Performance
Shares of GE opened at $314.55 on Wednesday. The stock has a fifty day moving average price of $294.57 and a 200-day moving average price of $305.38. GE Aerospace has a 12 month low of $232.24 and a 12 month high of $348.48. The firm has a market cap of $328.18 billion, a PE ratio of 38.74, a P/E/G ratio of 2.81 and a beta of 1.36. 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 (NYSE:GE – Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating 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 analyst estimates of $11.61 billion. During the same period in the prior year, the company posted $1.49 EPS. The firm’s quarterly 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 predict that GE Aerospace will post 7.46 earnings per share for the current fiscal 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.
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