GC Wealth Management RIA LLC Buys 2,559 Shares of GE Aerospace $GE

GC Wealth Management RIA LLC increased its stake in GE Aerospace (NYSE:GEFree Report) by 33.7% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 10,143 shares of the company’s stock after purchasing an additional 2,559 shares during the period. GC Wealth Management RIA LLC’s holdings in GE Aerospace were worth $2,878,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Blueline Advisors LLC bought a new stake in shares of GE Aerospace in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC acquired a new position in shares of GE Aerospace during the fourth quarter worth about $31,000. Tucker Asset Management LLC acquired a new position in shares of GE Aerospace during the fourth quarter worth about $32,000. Lifetime Wealth Management P.C. bought a new position in shares of GE Aerospace during the fourth quarter worth about $40,000. Finally, Legacy Bridge LLC grew its holdings in shares of GE Aerospace by 3,375.0% during the fourth quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after buying an additional 135 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. 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 set a $421.00 price target on shares of GE Aerospace and gave the stock an “outperform” rating in a research note on Thursday. Seaport Research Partners initiated coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. JPMorgan Chase & Co. lifted their price objective on shares of GE Aerospace from $335.00 to $400.00 and gave the company an “overweight” rating in a report on Monday, July 20th. Finally, Daiwa Securities Group started coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective on the stock. Sixteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $386.88.

Check Out Our Latest Stock Analysis on GE

GE Aerospace Price Performance

Shares of NYSE GE opened at $353.71 on Friday. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.67. The business has a 50-day moving average of $341.50 and a 200-day moving average of $319.67. The stock has a market capitalization of $367.00 billion, a price-to-earnings ratio of 41.66, a PEG ratio of 2.67 and a beta of 1.35. GE Aerospace has a fifty-two week low of $261.71 and a fifty-two week high of $382.97.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The business had revenue of $12.63 billion for the quarter, compared to analyst estimates of $11.87 billion. During the same quarter in the prior year, the company posted $1.66 earnings per share. GE Aerospace’s revenue was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, sell-side analysts predict that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Shareholders of record on Monday, July 6th will be given a dividend of $0.47 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s payout ratio is 22.14%.

GE Aerospace News Summary

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

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.

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

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