Brookstone Capital Management Sells 8,087 Shares of GE Aerospace $GE

Brookstone Capital Management cut its stake in GE Aerospace (NYSE:GE) by 9.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 73,767 shares of the company’s stock after selling 8,087 shares during the period. Brookstone Capital Management’s holdings in GE Aerospace were worth $20,933,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the stock. Blueline Advisors LLC bought a new position in GE Aerospace during the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace during the fourth quarter worth $31,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace during the fourth quarter worth $32,000. Lifetime Wealth Management P.C. bought a new position in GE Aerospace during the fourth quarter worth $40,000. Finally, Beaird Harris Wealth Management LLC raised its stake in GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after buying an additional 59 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Price Performance

GE stock opened at $358.77 on Monday. 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’s 50-day moving average is $309.71 and its 200-day moving average is $309.53. The stock has a market capitalization of $374.32 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 3.17 and a beta of 1.37. GE Aerospace has a 1 year low of $236.51 and a 1 year high of $364.70.

GE Aerospace (NYSE:GE) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating 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 analyst estimates of $11.61 billion. During the same period in the previous year, the company posted $1.49 EPS. The firm’s 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. Equities research analysts expect that GE Aerospace will post 7.48 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on the stock. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Wells Fargo & Company started coverage on GE Aerospace in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price objective for the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a research report on Wednesday, May 20th. Morgan Stanley cut their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Finally, TD Cowen cut their target price on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock 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 issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and an average 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.