71 West Capital Partners acquired a new position in shares of GE Aerospace (NYSE:GE – Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,391 shares of the company’s stock, valued at approximately $1,045,000.
A number of other large investors have also recently bought and sold shares of the company. Wolff Wiese Magana LLC grew its stake in GE Aerospace by 1.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after buying an additional 33 shares in the last quarter. Montz Harcus Wealth Management LLC lifted its holdings in shares of GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after acquiring an additional 33 shares during the last quarter. Darwin Wealth Management LLC lifted its holdings in shares of GE Aerospace by 2.0% in the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after acquiring an additional 33 shares during the last quarter. LRI Investments LLC lifted its holdings in shares of GE Aerospace by 1.4% in the fourth quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock worth $736,000 after acquiring an additional 33 shares during the last quarter. Finally, Saxon Interests Inc. lifted its holdings in shares of GE Aerospace by 2.5% in the fourth quarter. Saxon Interests Inc. now owns 1,351 shares of the company’s stock worth $416,000 after acquiring an additional 33 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have recently commented on GE shares. 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. Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. President Capital dropped their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, Morgan Stanley dropped their target price on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.
GE Aerospace Stock Up 2.1%
Shares of NYSE GE opened at $342.40 on Tuesday. The company has a 50 day simple moving average of $304.50 and a 200 day simple moving average of $307.80. The firm has a market cap of $357.24 billion, a PE ratio of 42.17, a price-to-earnings-growth ratio of 2.97 and a beta of 1.37. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.90. 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 (NYSE:GE – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the business earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts forecast 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.
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