Corient Private Wealth LLC Purchases 2,185,321 Shares of GE Aerospace $GE

Corient Private Wealth LLC lifted its position in shares of GE Aerospace (NYSE:GE) by 382.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,757,281 shares of the company’s stock after buying an additional 2,185,321 shares during the period. Corient Private Wealth LLC owned about 0.26% of GE Aerospace worth $849,325,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of GE. Blueline Advisors LLC bought a new position in shares of GE Aerospace in the 4th quarter valued at about $25,000. Ankerstar Wealth LLC acquired a new position in GE Aerospace during the fourth quarter worth $31,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the fourth quarter valued at $32,000. Redmont Wealth Advisors LLC acquired a new position in shares of GE Aerospace during the 3rd quarter worth about $36,000. Finally, Legacy Bridge LLC grew its holdings in GE Aerospace by 3,375.0% during the fourth quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after purchasing an additional 135 shares during the period. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Price Performance

Shares of NYSE:GE opened at $358.77 on Friday. The firm has a market cap of $374.32 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 3.16 and a beta of 1.37. GE Aerospace has a 52 week low of $236.51 and a 52 week high of $364.70. The firm’s fifty day moving average is $308.70 and its 200-day moving average is $309.03. 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 issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Sell-side analysts predict that GE Aerospace will post 7.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

GE has been the subject of several research reports. Seaport Research Partners began coverage on GE Aerospace in a report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. UBS Group lowered their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Morgan Stanley dropped their price objective 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. Wells Fargo & Company assumed coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective on the stock. Finally, President Capital reduced their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. One equities research 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 given a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus price target 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.