Bleakley Financial Group LLC Has $15.79 Million Stock Holdings in GE Aerospace $GE

Bleakley Financial Group LLC lifted its holdings in shares of GE Aerospace (NYSE:GE) by 12.8% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 51,260 shares of the company’s stock after buying an additional 5,807 shares during the period. Bleakley Financial Group LLC’s holdings in GE Aerospace were worth $15,790,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Phoenix Financial Ltd. boosted its stake in shares of GE Aerospace by 34.3% during the 3rd quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock worth $6,808,000 after buying an additional 5,775 shares during the last quarter. Integrity Financial Corp WA acquired a new position in shares of GE Aerospace during the 3rd quarter worth about $481,000. Prime Capital Investment Advisors LLC boosted its stake in shares of GE Aerospace by 23.6% during the 3rd quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after buying an additional 9,750 shares during the last quarter. HORAN Wealth LLC boosted its stake in shares of GE Aerospace by 667.0% during the 3rd quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after buying an additional 8,865 shares during the last quarter. Finally, Prospera Financial Services Inc boosted its stake in shares of GE Aerospace by 18.1% during the 3rd quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after buying an additional 7,315 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace Stock Down 0.2%

GE Aerospace stock opened at $302.13 on Tuesday. GE Aerospace has a twelve month low of $228.01 and a twelve month high of $348.48. The stock has a market cap of $315.22 billion, a P/E ratio of 37.21, a P/E/G ratio of 2.81 and a beta of 1.36. The company’s 50-day moving average price is $294.27 and its two-hundred day moving average price is $305.31. 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 (NYSE:GE) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating 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 company had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior year, the business earned $1.49 earnings per share. The firm’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. As a group, analysts expect that GE Aerospace will post 7.46 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on GE. Royal Bank Of Canada restated an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a research note on Wednesday, May 20th. Jefferies Financial Group set a $365.00 target price on shares of GE Aerospace in a research note on Sunday, April 26th. TD Cowen cut their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. 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 note on Wednesday, April 22nd. Finally, Sanford C. Bernstein raised their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price 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.