2,721 Shares in GE Aerospace $GE Acquired by Clearwave Capital LLC

Clearwave Capital LLC purchased a new stake in shares of GE Aerospace (NYSE:GE) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 2,721 shares of the company’s stock, valued at approximately $838,000.

A number of other hedge funds have also modified their holdings of GE. Brighton Jones LLC lifted its stake in shares of GE Aerospace by 25.3% in the fourth quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after buying an additional 2,421 shares during the period. Revolve Wealth Partners LLC lifted its position in GE Aerospace by 7.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after purchasing an additional 150 shares during the period. Sivia Capital Partners LLC boosted its stake in GE Aerospace by 4.6% during the second quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after buying an additional 191 shares in the last quarter. Main Street Financial Solutions LLC increased its holdings in GE Aerospace by 348.6% in the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock valued at $1,518,000 after buying an additional 4,584 shares during the period. Finally, HUB Investment Partners LLC increased its holdings in GE Aerospace by 4.2% in the 2nd quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock valued at $2,326,000 after buying an additional 366 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Trading Up 0.3%

NYSE GE opened at $358.77 on Friday. GE Aerospace has a 12 month low of $236.51 and a 12 month high of $364.70. The stock has a 50-day simple moving average of $309.71 and a 200 day simple moving average of $309.38. 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 company has a market capitalization 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 (NYSE:GE) last released its quarterly earnings data 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. The business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. GE Aerospace’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

Wall Street Analyst Weigh In

GE has been the subject of a number of analyst reports. BNP Paribas Exane reduced their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. President Capital dropped their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. TD Cowen cut their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Finally, Wells Fargo & Company began coverage on GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

About GE Aerospace

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.