Nwam LLC Reduces Stake in GE Aerospace $GE

Nwam LLC decreased its stake in shares of GE Aerospace (NYSE:GE) by 22.8% during the fourth quarter, HoldingsChannel.com reports. The firm owned 6,847 shares of the company’s stock after selling 2,018 shares during the period. Nwam LLC’s holdings in GE Aerospace were worth $2,030,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in GE. Brighton Jones LLC lifted its holdings in GE Aerospace by 25.3% during the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after purchasing an additional 2,421 shares in the last quarter. Revolve Wealth Partners LLC lifted its holdings in GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after purchasing an additional 150 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in GE Aerospace by 4.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after purchasing an additional 191 shares in the last quarter. Main Street Financial Solutions LLC lifted its holdings in GE Aerospace by 348.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after purchasing an additional 4,584 shares in the last quarter. Finally, HUB Investment Partners LLC lifted its holdings in GE Aerospace by 4.2% during the 2nd quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after purchasing an additional 366 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. Wells Fargo & Company assumed coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. JPMorgan Chase & Co. raised their price target on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, January 26th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a report on Wednesday, April 22nd. Finally, The Goldman Sachs Group raised their price target on GE Aerospace from $338.00 to $350.00 and gave the company a “buy” rating in a report on Friday, January 23rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, GE Aerospace presently has a consensus rating of “Moderate Buy” and a consensus price target of $349.89.

GE Aerospace Stock Performance

NYSE:GE opened at $296.91 on Monday. The business’s 50-day moving average price is $302.98 and its two-hundred day moving average price is $306.34. GE Aerospace has a twelve month low of $211.15 and a twelve month high of $348.48. The stock has a market cap of $309.78 billion, a P/E ratio of 36.57, a PEG ratio of 2.76 and a beta of 1.36. 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 for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.GE Aerospace’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period last year, the firm posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace won a new contract to supply F404 engines to Turkish Aerospace Industries, strengthening its defense exposure and international presence. GE Aerospace Deal With Turkey Adds New Layer To GE Valuation Story
• Positive Sentiment: Analyst commentary remains broadly bullish, with recent articles saying GE Aerospace has been unfairly punished and may be a buying opportunity given its strong core business and backlog. GE Aerospace Stock Has Been Unfairly Punished
• Positive Sentiment: Wall Street coverage continues to describe GE Aerospace as a favored industrial name, with analysts maintaining a bullish outlook despite recent volatility. Do Wall Street Analysts Like GE Aerospace Stock?
• Neutral Sentiment: Shareholders approved board and compensation-related matters at the annual meeting, which is routine governance news and unlikely to move the stock on its own. GE Aerospace Shareholders Back Board, Pay and Incentive Plans
• Neutral Sentiment: Broader manufacturing and labor productivity data may be supportive for industrial names like GE Aerospace, but the market impact is indirect and limited. U.S. Labor Productivity Rises 0.8% in Q1 as Jobless Claims Fall to 200,000
• Negative Sentiment: Recent commentary notes the stock has been pressured by concerns around Middle East tensions and earlier demand-growth worries, which help explain why investors have been cautious despite the company’s solid fundamentals. GE Aerospace stock outperforms competitors on strong trading day

GE Aerospace Company 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.