Consolidated Capital Management LLC Sells 2,140 Shares of GE Aerospace $GE

Consolidated Capital Management LLC trimmed its holdings in GE Aerospace (NYSE:GEFree Report) by 7.8% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 25,301 shares of the company’s stock after selling 2,140 shares during the quarter. GE Aerospace comprises 2.4% of Consolidated Capital Management LLC’s portfolio, making the stock its 17th biggest holding. Consolidated Capital Management LLC’s holdings in GE Aerospace were worth $7,794,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. REAP Financial Group LLC bought a new stake in GE Aerospace during the 3rd quarter worth about $25,000. Blueline Advisors LLC bought a new stake in GE Aerospace during the 4th quarter worth about $25,000. Abich Financial Wealth Management LLC bought a new stake in GE Aerospace during the 3rd quarter worth about $32,000. Tucker Asset Management LLC bought a new stake in GE Aerospace during the 4th quarter worth about $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in GE Aerospace during the 3rd quarter worth about $36,000. 74.77% of the stock is owned by institutional investors.

GE Aerospace Stock Performance

Shares of GE stock opened at $323.45 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. The stock has a market cap of $337.46 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 3.00 and a beta of 1.36. The stock has a 50-day moving average of $295.66 and a 200-day moving average of $305.69. GE Aerospace has a one year low of $232.24 and a one year high of $348.48.

GE Aerospace (NYSE:GEGet 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 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 business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period in the previous year, the firm earned $1.49 EPS. GE Aerospace’s quarterly revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts expect that GE Aerospace will post 7.47 earnings per share for the current year.

Key GE Aerospace News

Here are the key news stories impacting GE Aerospace this week:

Analysts Set New Price Targets

GE has been the subject of several recent research reports. TD Cowen dropped their price objective on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. UBS Group dropped their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a report on Wednesday, May 20th. President Capital dropped their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Finally, BNP Paribas Exane dropped their price objective 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 investment 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 issued a Sell rating to the company. According to MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and an average target price of $348.22.

Read Our Latest Report on GE

GE Aerospace Company Profile

(Free Report)

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.

Featured Articles

Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

Receive News & Ratings for GE Aerospace Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for GE Aerospace and related companies with MarketBeat.com's FREE daily email newsletter.