4,311 Shares in GE Aerospace $GE Bought by Aster Capital Management DIFC Ltd

Aster Capital Management DIFC Ltd acquired a new position in GE Aerospace (NYSE:GE) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 4,311 shares of the company’s stock, valued at approximately $1,328,000. GE Aerospace makes up approximately 0.6% of Aster Capital Management DIFC Ltd’s investment portfolio, making the stock its 24th largest position.

A number of other large investors have also recently bought and sold shares of GE. Munro Partners acquired a new position in GE Aerospace in the 4th quarter valued at $96,293,000. Codex Capital Asset Management L.L.C. grew its stake in GE Aerospace by 1.0% in the 4th quarter. Codex Capital Asset Management L.L.C. now owns 54,325 shares of the company’s stock valued at $16,734,000 after buying an additional 550 shares during the last quarter. L2 Asset Management LLC grew its stake in GE Aerospace by 6.3% in the 4th quarter. L2 Asset Management LLC now owns 5,118 shares of the company’s stock valued at $1,576,000 after buying an additional 304 shares during the last quarter. 71 West Capital Partners acquired a new position in GE Aerospace in the 4th quarter valued at $1,045,000. Finally, Alberta Investment Management Corp grew its stake in GE Aerospace by 0.9% in the 4th quarter. Alberta Investment Management Corp now owns 32,000 shares of the company’s stock valued at $9,857,000 after buying an additional 300 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Stock Up 2.1%

NYSE GE opened at $342.40 on Tuesday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The firm has a 50-day simple moving average of $304.50 and a 200 day simple moving average of $307.80. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.90. The stock has a market cap of $357.24 billion, a PE ratio of 42.17, a PEG ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share 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 analysts’ expectations of $11.61 billion. During the same quarter last year, the company earned $1.49 earnings per share. The firm’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on GE shares. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. Daiwa Securities Group started coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price on the stock. President Capital lowered their target price 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. Sanford C. Bernstein raised their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Finally, Seaport Research Partners started coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, GE Aerospace currently has an average 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.