Arsenal Capital Advisors LLC Takes $1.08 Million Position in GE Aerospace $GE

Arsenal Capital Advisors LLC bought a new stake in GE Aerospace (NYSE:GEFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 3,504 shares of the company’s stock, valued at approximately $1,081,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. REAP Financial Group LLC acquired a new stake in shares of GE Aerospace in the 3rd quarter valued at $25,000. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace in the 4th quarter valued at $25,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the 4th quarter valued at $32,000. Abich Financial Wealth Management LLC acquired a new stake in shares of GE Aerospace in the 3rd quarter valued at $32,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of GE Aerospace in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analyst Weigh In

GE has been the topic of several recent analyst reports. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. BNP Paribas Exane reduced their target price on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Weiss Ratings downgraded shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday. UBS Group reduced their price target on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Finally, Citigroup reduced their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. One equities research 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 issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

Get Our Latest Report on GE Aerospace

GE Aerospace Stock Up 0.3%

Shares of NYSE GE opened at $328.69 on Friday. The firm’s 50-day simple moving average is $298.84 and its 200 day simple moving average is $306.22. The company has a market cap of $342.93 billion, a price-to-earnings ratio of 40.48, a price-to-earnings-growth ratio of 2.90 and a beta of 1.37. 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 has a 12-month low of $232.24 and a 12-month high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results 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. The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace News Roundup

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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