Faithward Advisors LLC Makes New Investment in GE Aerospace $GE

Faithward Advisors LLC purchased a new stake in GE Aerospace (NYSE:GEFree Report) in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm purchased 4,248 shares of the company’s stock, valued at approximately $1,205,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. CENTRAL TRUST Co raised its holdings in shares of GE Aerospace by 2.2% in the 1st quarter. CENTRAL TRUST Co now owns 29,106 shares of the company’s stock valued at $8,259,000 after purchasing an additional 624 shares during the period. Demming Financial Services Corp ADV grew its holdings in GE Aerospace by 7.9% during the first quarter. Demming Financial Services Corp ADV now owns 1,581 shares of the company’s stock worth $449,000 after purchasing an additional 116 shares during the period. Cidel Asset Management Inc. increased its position in GE Aerospace by 6.9% during the first quarter. Cidel Asset Management Inc. now owns 2,047 shares of the company’s stock worth $581,000 after buying an additional 132 shares during the last quarter. New Covenant Trust Company N.A. increased its position in GE Aerospace by 34.0% during the first quarter. New Covenant Trust Company N.A. now owns 3,201 shares of the company’s stock worth $908,000 after buying an additional 813 shares during the last quarter. Finally, Vermillion Wealth Management Inc. raised its stake in GE Aerospace by 22.3% in the first quarter. Vermillion Wealth Management Inc. now owns 466 shares of the company’s stock valued at $132,000 after buying an additional 85 shares during the period. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 0.4%

GE Aerospace stock opened at $356.70 on Wednesday. The company’s 50-day moving average price is $311.55 and its two-hundred day moving average price is $310.48. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market cap of $372.16 billion, a P/E ratio of 43.93, a P/E/G ratio of 3.15 and a beta of 1.37. GE Aerospace has a twelve month low of $243.34 and a twelve month high of $364.70.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings data 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 company had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the previous year, the company posted $1.49 earnings per share. The business’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. As a group, analysts expect that GE Aerospace will post 7.48 EPS for the current year.

Key GE Aerospace News

Here are the key news stories impacting GE Aerospace this week:

Analyst Ratings Changes

A number of research firms have recently issued reports on GE. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. BNP Paribas Exane dropped their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. President Capital cut their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Finally, Daiwa Securities Group began coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

Get Our Latest Analysis on GE Aerospace

GE Aerospace Profile

(Free Report)

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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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