Havemeyer Place LP Takes Position in GE Aerospace $GE

Havemeyer Place LP bought a new stake in GE Aerospace (NYSE:GE) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,776 shares of the company’s stock, valued at approximately $1,163,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in GE. REAP Financial Group LLC acquired a new position in shares of GE Aerospace in the 3rd quarter valued at approximately $25,000. Blueline Advisors LLC bought a new stake in shares of GE Aerospace during the 4th quarter valued at approximately $25,000. Abich Financial Wealth Management LLC bought a new stake in shares of GE Aerospace during the 3rd quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace during the 4th quarter valued at approximately $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in shares of GE Aerospace during the 3rd quarter valued at approximately $36,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Trading Up 0.2%

Shares of GE Aerospace stock opened at $328.69 on Monday. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.48. 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 has a market capitalization of $342.93 billion, a PE ratio of 40.48, a price-to-earnings-growth ratio of 2.91 and a beta of 1.37. The firm’s 50 day moving average is $298.84 and its 200 day moving average is $306.26.

GE Aerospace (NYSE:GE) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period in the previous year, the firm posted $1.49 EPS. The company’s revenue for the quarter 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.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Morgan Stanley decreased their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. President Capital decreased their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. UBS Group decreased their price target on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, Sanford C. Bernstein lifted their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

Key Headlines Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace’s Commercial Engines unit saw orders surge 93% to $17.3 billion, underscoring strong demand and supporting expectations for continued growth. Strength in Commercial Engines Unit Drives GE Aerospace: A Sign for More Upside?
• Positive Sentiment: The U.S. Air Force awarded GE and Rolls-Royce work on “medium thrust” drone engines, adding another defense-related opportunity for GE Aerospace’s propulsion business. Air Force awards GE, Rolls-Royce for ‘medium thrust’ drone engines
• Positive Sentiment: GE Aerospace qualified 600-volt power systems for next-generation U.S. Army vehicles, highlighting progress in military electrification and creating a potential new revenue stream. GE Aerospace qualifies 600-volt power systems for next-generation US Army vehicles
• Positive Sentiment: British Airways and Air New Zealand chose GE’s GEnx engines for Boeing 787 fleets, which reinforces GE’s position in widebody aircraft engines and suggests airlines are favoring GE over rival Rolls-Royce. Airline Shift To GEnx Engines Puts GE Valuation In Sharper Focus
• Positive Sentiment: GE Aerospace is also drawing bullish commentary from analysts and market watchers who cite its long-term exposure to airlines, transport, and engines as an attractive growth story. Market expert sees opportunity in Toast, GE Aerospace
• Neutral Sentiment: Several broader sector and earnings recap articles continued to highlight GE Aerospace as a strong industrial performer, reinforcing momentum but not adding a specific new catalyst. Q1 Earnings Outperformers: GE Aerospace (NYSE:GE) And The Rest Of The General Industrial Machinery Stocks

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.