Cumberland Partners Ltd Sells 2,500 Shares of GE Aerospace $GE

Cumberland Partners Ltd decreased its holdings in shares of GE Aerospace (NYSE:GE) by 8.5% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,065 shares of the company’s stock after selling 2,500 shares during the period. Cumberland Partners Ltd’s holdings in GE Aerospace were worth $8,337,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Ledyard National Bank increased its stake in shares of GE Aerospace by 1.2% during the third quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock valued at $828,000 after purchasing an additional 33 shares in the last quarter. Hardy Reed LLC increased its stake in shares of GE Aerospace by 0.7% during the third quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock valued at $1,504,000 after purchasing an additional 33 shares in the last quarter. Wolff Wiese Magana LLC increased its stake in shares of GE Aerospace by 1.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares in the last quarter. Darwin Wealth Management LLC increased its stake in shares of GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after purchasing an additional 33 shares in the last quarter. Finally, Montz Harcus Wealth Management LLC increased its stake in shares of GE Aerospace by 3.6% during the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Up 0.1%

NYSE:GE opened at $302.13 on Friday. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12 month low of $228.01 and a 12 month high of $348.48. The company has a market cap of $315.22 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 2.80 and a beta of 1.36. The company has a 50 day simple moving average of $294.35 and a two-hundred day simple moving average of $305.35.

GE Aerospace (NYSE:GE) last posted its 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. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the previous year, the firm posted $1.49 EPS. The firm’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts forecast that GE Aerospace will post 7.46 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on GE. JPMorgan Chase & Co. raised their price target on shares of GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a research report on Monday, January 26th. Citigroup reduced their price target 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. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Daiwa Securities Group began coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Finally, Sanford C. Bernstein raised their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.22.

About GE Aerospace

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.