Aptus Capital Advisors LLC boosted its stake in shares of GE Aerospace (NYSE:GE – Free Report) by 5.5% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 79,723 shares of the company’s stock after buying an additional 4,146 shares during the period. Aptus Capital Advisors LLC’s holdings in GE Aerospace were worth $24,557,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Burton Enright Welch bought a new stake in shares of GE Aerospace in the 4th quarter worth $501,000. Kestra Advisory Services LLC increased its holdings in shares of GE Aerospace by 34.7% in the 4th quarter. Kestra Advisory Services LLC now owns 81,937 shares of the company’s stock worth $25,239,000 after purchasing an additional 21,127 shares in the last quarter. Transamerica Financial Advisors LLC increased its holdings in shares of GE Aerospace by 126.5% in the 4th quarter. Transamerica Financial Advisors LLC now owns 1,891 shares of the company’s stock worth $583,000 after purchasing an additional 1,056 shares in the last quarter. Parkside Financial Bank & Trust increased its holdings in shares of GE Aerospace by 1.1% in the 4th quarter. Parkside Financial Bank & Trust now owns 10,618 shares of the company’s stock worth $3,271,000 after purchasing an additional 114 shares in the last quarter. Finally, Marshall Wace LLP bought a new stake in shares of GE Aerospace in the 4th quarter worth $560,000. Institutional investors own 74.77% of the company’s stock.
GE Aerospace Stock Performance
Shares of GE opened at $334.89 on Friday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. GE Aerospace has a one year low of $232.24 and a one year high of $348.48. The firm has a market capitalization of $349.40 billion, a P/E ratio of 41.24, a PEG ratio of 2.97 and a beta of 1.37. The business has a fifty day moving average of $303.27 and a 200 day moving average of $307.36.
Wall Street Analyst Weigh In
A number of analysts have commented on GE shares. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Wells Fargo & Company started coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price for the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a report on Wednesday, May 20th. Finally, BNP Paribas Exane reduced their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. 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 assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.
Read Our Latest Analysis on GE
More GE Aerospace News
Here are the key news stories impacting GE Aerospace this week:
- Positive Sentiment: GE Aerospace announced plans to invest $1 billion in U.S. manufacturing, a move that signals confidence in long-term demand and could support capacity, jobs, and future engine production. GE Aerospace Plans $1B US Investments
- Positive Sentiment: Brokerage coverage remains supportive, with GE Aerospace receiving an average rating of “Moderate Buy”, reinforcing the market’s constructive view on earnings and execution. GE Aerospace (NYSE:GE) Given Average Rating of “Moderate Buy” by Brokerages
- Neutral Sentiment: GE Aerospace added Microsoft AI executive Judson Althoff to its board, a governance and strategy-related move that could help strengthen its digital and AI capabilities over time. GE Aerospace adds Microsoft AI leader to board
- Neutral Sentiment: Several articles referenced GE Aerospace in the context of the SpaceX IPO and broader aerospace industry comparisons. These headlines highlight how GE remains a key benchmark in aerospace, but they do not directly change its fundamentals. SpaceX IPO Valuation Is Worth More Than Boeing, RTX, GE Aerospace And Every Other S&P 500 Aerospace Firm Combined: Report
- Negative Sentiment: News that the Air India crash report is being delayed because GE engine analysis is still pending could keep some headline risk around the company’s engine business until more clarity is provided. GE engine review delays final Air India crash report ahead of first anniversary
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.
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