GE Aerospace $GE Shares Sold by Gladstone Capital Management LLP

Gladstone Capital Management LLP cut its position in GE Aerospace (NYSE:GE) by 74.9% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,548 shares of the company’s stock after selling 4,628 shares during the period. GE Aerospace accounts for 0.0% of Gladstone Capital Management LLP’s holdings, making the stock its 19th largest position. Gladstone Capital Management LLP’s holdings in GE Aerospace were worth $477,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in GE. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace in the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in GE Aerospace during the fourth quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the fourth quarter worth approximately $32,000. Redmont Wealth Advisors LLC purchased a new position in GE Aerospace during the third quarter worth approximately $36,000. Finally, Beaird Harris Wealth Management LLC lifted 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 buying an additional 59 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. President Capital reduced their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Seaport Research Partners assumed coverage on GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price objective on the stock. Wells Fargo & Company assumed coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective on the stock. BNP Paribas Exane reduced their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research report on Thursday, May 14th. Finally, Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Price Performance

NYSE:GE opened at $352.10 on Wednesday. GE Aerospace has a 52 week low of $232.24 and a 52 week high of $352.88. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The company has a market capitalization of $367.36 billion, a P/E ratio of 43.36, a P/E/G ratio of 3.03 and a beta of 1.37. The stock’s fifty day moving average is $305.92 and its two-hundred day moving average is $308.18.

GE Aerospace (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the firm posted $1.49 EPS. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts expect that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace 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.