SHP Wealth Management Acquires Shares of 1,655 GE Aerospace $GE

SHP Wealth Management acquired a new stake in GE Aerospace (NYSE:GE) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 1,655 shares of the company’s stock, valued at approximately $510,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. High Falls Advisors Inc lifted its position in GE Aerospace by 3.0% during the fourth quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock valued at $329,000 after purchasing an additional 31 shares during the period. Wolff Wiese Magana LLC grew its position in GE Aerospace by 1.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC grew its position in GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after purchasing an additional 33 shares during the period. Darwin Wealth Management LLC grew its position in GE Aerospace by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after purchasing an additional 33 shares during the period. Finally, LRI Investments LLC raised its stake in shares of GE Aerospace by 1.4% during the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after buying an additional 33 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Performance

NYSE:GE opened at $358.77 on Friday. 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 company has a fifty day moving average of $309.71 and a two-hundred day moving average of $309.38. The stock 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 has a fifty-two week low of $236.51 and a fifty-two week high of $364.70.

GE Aerospace (NYSE:GE) 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 for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter last year, the business earned $1.49 earnings per share. The company’s revenue for the quarter 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, research analysts forecast that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on GE shares. President Capital decreased 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. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Royal Bank Of Canada reiterated an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a research report on Wednesday, May 20th. TD Cowen decreased 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. Finally, Seaport Research Partners began coverage on GE Aerospace in a research report on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective on the stock. 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 assigned a Sell rating to the stock. According to data from MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Company 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.