GE Aerospace $GE Shares Sold by Blue Bell Private Wealth Management LLC

Blue Bell Private Wealth Management LLC cut its holdings in shares of GE Aerospace (NYSE:GEFree Report) by 67.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 829 shares of the company’s stock after selling 1,741 shares during the quarter. Blue Bell Private Wealth Management LLC’s holdings in GE Aerospace were worth $255,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of GE. Brighton Jones LLC raised its stake in shares of GE Aerospace by 25.3% in the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after purchasing an additional 150 shares during the period. Sivia Capital Partners LLC increased its holdings in GE Aerospace by 4.6% in the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock valued at $1,116,000 after purchasing an additional 191 shares during the last quarter. Main Street Financial Solutions LLC increased its holdings in GE Aerospace by 348.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock valued at $1,518,000 after purchasing an additional 4,584 shares during the last quarter. Finally, HUB Investment Partners LLC raised its position in GE Aerospace by 4.2% in the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock valued at $2,326,000 after purchasing an additional 366 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Stock Performance

Shares of GE stock opened at $314.55 on Wednesday. The firm has a 50 day moving average of $294.57 and a two-hundred day moving average of $305.38. The stock has a market capitalization of $328.18 billion, a PE ratio of 38.74, a P/E/G ratio of 2.81 and a beta of 1.36. 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 has a 52 week low of $232.24 and a 52 week high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last posted its quarterly earnings data 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. The business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of research analysts have commented on GE shares. President Capital decreased their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Daiwa Securities Group began coverage on GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective on the stock. UBS Group decreased their target price on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Sanford C. Bernstein raised their target price on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Finally, Morgan Stanley dropped their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One 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 issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

Check Out Our Latest Research Report on GE Aerospace

About GE Aerospace

(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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