9823 Capital L.P. Makes New $575,000 Investment in GE Aerospace $GE

9823 Capital L.P. purchased a new position in shares of GE Aerospace (NYSE:GE) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,868 shares of the company’s stock, valued at approximately $575,000. GE Aerospace makes up approximately 0.4% of 9823 Capital L.P.’s portfolio, making the stock its 16th biggest position.

Several other large investors also recently made changes to their positions in GE. Blueline Advisors LLC bought a new stake in GE Aerospace during the 4th quarter valued at approximately $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace during the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC bought a new stake in GE Aerospace during the 4th quarter valued at approximately $32,000. Redmont Wealth Advisors LLC bought a new stake in GE Aerospace during the 3rd quarter valued at approximately $36,000. Finally, Beaird Harris Wealth Management LLC boosted its stake in GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the period. Institutional investors own 74.77% of the company’s stock.

Wall Street Analyst Weigh In

GE has been the subject of several recent analyst reports. President Capital decreased their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Seaport Research Partners initiated coverage on GE Aerospace in a research note on Tuesday, May 26th. They set a “buy” rating and a $375.00 target price for the company. Citigroup decreased 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. Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. Finally, TD Cowen cut their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace Trading Up 1.5%

Shares of GE opened at $356.84 on Thursday. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $362.33. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock has a 50 day simple moving average of $307.29 and a 200-day simple moving average of $308.61. The stock has a market cap of $372.31 billion, a PE ratio of 43.95, a PEG ratio of 3.12 and a beta of 1.37.

GE Aerospace (NYSE:GE) last issued its 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. 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 analysts’ expectations of $11.61 billion. During the same period in the prior year, the firm posted $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. On average, sell-side analysts predict that GE Aerospace will post 7.48 EPS for the current fiscal year.

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.