Arthur M. Cohen & Associates LLC Purchases 2,735 Shares of GE Aerospace $GE

Arthur M. Cohen & Associates LLC boosted its position in shares of GE Aerospace (NYSE:GE) by 53.3% in the 4th quarter, Holdings Channel.com reports. The fund owned 7,871 shares of the company’s stock after purchasing an additional 2,735 shares during the period. Arthur M. Cohen & Associates LLC’s holdings in GE Aerospace were worth $2,425,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Vanguard Group Inc. boosted its holdings in GE Aerospace by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after purchasing an additional 699,364 shares during the period. State Street Corp increased its holdings in shares of GE Aerospace by 1.5% in the fourth quarter. State Street Corp now owns 45,240,802 shares of the company’s stock worth $13,951,570,000 after purchasing an additional 663,160 shares during the period. Geode Capital Management LLC increased its holdings in shares of GE Aerospace by 1.3% in the fourth quarter. Geode Capital Management LLC now owns 24,774,942 shares of the company’s stock worth $7,615,200,000 after purchasing an additional 312,880 shares during the period. Capital World Investors raised its position in shares of GE Aerospace by 16.2% in the third quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock worth $6,449,731,000 after buying an additional 2,995,054 shares in the last quarter. Finally, Norges Bank purchased a new stake in shares of GE Aerospace in the fourth quarter worth $4,444,736,000. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 2.9%

Shares of GE Aerospace stock opened at $352.10 on Wednesday. The company’s 50 day moving average price is $305.92 and its 200-day moving average price is $308.18. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $352.88. The stock has a market capitalization of $367.36 billion, a price-to-earnings ratio of 43.36, a P/E/G ratio of 3.03 and a beta of 1.37. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GE) last posted its earnings results 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 company 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%. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on GE shares. 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. Weiss Ratings cut shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Morgan Stanley decreased their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. TD Cowen lowered their price objective on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

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.