DUTCH ASSET Corp Buys Shares of 2,472 GE Aerospace $GE

DUTCH ASSET Corp purchased a new position in shares of GE Aerospace (NYSE:GE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 2,472 shares of the company’s stock, valued at approximately $761,000.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at approximately $25,000. Ankerstar Wealth LLC acquired a new stake in GE Aerospace during the fourth quarter worth approximately $31,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace in the 4th quarter worth approximately $32,000. Redmont Wealth Advisors LLC purchased a new stake in GE Aerospace in the 3rd quarter worth approximately $36,000. Finally, Lifetime Wealth Management P.C. acquired a new position in GE Aerospace in the 4th quarter valued at $40,000. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

GE Aerospace Trading Up 0.3%

Shares of GE opened at $358.77 on Friday. The stock’s 50-day moving average is $309.71 and its two-hundred day moving average is $309.38. The stock has a market cap of $374.32 billion, a PE ratio of 44.18, a P/E/G ratio of 3.17 and a beta of 1.37. GE Aerospace has a 12 month low of $236.51 and a 12 month high of $364.70. 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) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. The company’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts forecast that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a research report on Wednesday, May 20th. Citigroup dropped their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Morgan Stanley reduced their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Finally, Seaport Research Partners initiated coverage on GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and an average target price 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.