Capital Group Private Client Services Inc. Trims Stock Holdings in GE Aerospace $GE

Capital Group Private Client Services Inc. decreased its holdings in GE Aerospace (NYSE:GEFree Report) by 2.9% in the 4th quarter, Holdings Channel.com reports. The firm owned 206,228 shares of the company’s stock after selling 6,134 shares during the period. GE Aerospace makes up 1.0% of Capital Group Private Client Services Inc.’s investment portfolio, making the stock its 19th largest position. Capital Group Private Client Services Inc.’s holdings in GE Aerospace were worth $63,524,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Integrity Financial Corp WA bought a new position in shares of GE Aerospace in the third quarter valued at approximately $481,000. Prospera Financial Services Inc boosted its position in shares of GE Aerospace by 18.1% in the third quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock valued at $14,354,000 after acquiring an additional 7,315 shares during the period. Allworth Financial LP boosted its position in shares of GE Aerospace by 7.6% in the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after acquiring an additional 5,434 shares during the period. Dara Capital US Inc. bought a new position in shares of GE Aerospace in the fourth quarter valued at approximately $2,527,000. Finally, NewEdge Wealth LLC boosted its position in shares of GE Aerospace by 92.2% in the fourth quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock valued at $6,204,000 after acquiring an additional 9,663 shares during the period. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have recently commented on GE shares. Citigroup cut their price objective on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. UBS Group cut their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Daiwa Securities Group started coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Finally, TD Cowen cut their price objective on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. One equities research 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 issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

View Our Latest Stock Analysis on GE Aerospace

GE Aerospace Trading Up 0.3%

Shares of GE Aerospace stock opened at $328.69 on Friday. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.48. The firm has a market cap of $342.93 billion, a PE ratio of 40.48, a PEG ratio of 2.91 and a beta of 1.37. 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 company has a 50 day simple moving average of $298.84 and a two-hundred day simple moving average of $306.22.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results 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 net margin of 17.86% and a return on equity of 37.99%. 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 business posted $1.49 earnings per share. GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace News Roundup

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

About GE Aerospace

(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.

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

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