Capital Analysts LLC Increases Position in GE Aerospace $GE

Capital Analysts LLC increased its stake in GE Aerospace (NYSE:GEFree Report) by 21.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,603 shares of the company’s stock after purchasing an additional 1,870 shares during the quarter. Capital Analysts LLC’s holdings in GE Aerospace were worth $3,266,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in GE. Blueline Advisors LLC purchased a new position in shares of GE Aerospace in the 4th quarter valued at about $25,000. Abich Financial Wealth Management LLC purchased a new position in shares of GE Aerospace in the 3rd quarter valued at about $32,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the 4th quarter valued at about $32,000. Redmont Wealth Advisors LLC acquired a new position in GE Aerospace during the third quarter worth about $36,000. Finally, Beaird Harris Wealth Management LLC raised its position in GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after acquiring an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. Royal Bank Of Canada restated an “outperform” rating and set a $355.00 target price on shares of GE Aerospace in a research report on Wednesday, May 20th. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. Weiss Ratings cut shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Morgan Stanley cut their target price on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Citigroup cut their target price on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Check Out Our Latest Research Report on GE Aerospace

GE Aerospace Stock Performance

Shares of GE opened at $319.24 on Thursday. 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 stock has a market cap of $333.07 billion, a P/E ratio of 39.31, a PEG ratio of 2.93 and a beta of 1.37. The company has a 50-day moving average of $301.45 and a two-hundred day moving average of $306.85. 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 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion during 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 company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, research analysts predict that GE Aerospace will post 7.48 EPS for the current fiscal year.

Key GE Aerospace News

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.

Further Reading

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

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