Huntington National Bank Buys 16,018 Shares of GE Aerospace $GE

Huntington National Bank lifted its stake in shares of GE Aerospace (NYSE:GEFree Report) by 2.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 599,427 shares of the company’s stock after acquiring an additional 16,018 shares during the period. GE Aerospace makes up about 1.1% of Huntington National Bank’s investment portfolio, making the stock its 17th largest holding. Huntington National Bank’s holdings in GE Aerospace were worth $184,642,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently made changes to their positions in the company. REAP Financial Group LLC bought a new stake in shares of GE Aerospace during the third quarter worth $25,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace during the fourth quarter worth $32,000. Abich Financial Wealth Management LLC bought a new stake in shares of GE Aerospace during the third quarter worth $32,000. Redmont Wealth Advisors LLC bought a new stake in shares of GE Aerospace during the third quarter worth $36,000. Finally, Strengthening Families & Communities LLC bought a new stake in shares of GE Aerospace during the third quarter worth $38,000. Institutional investors own 74.77% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Morgan Stanley lowered their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. TD Cowen decreased their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research report on Wednesday, April 8th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research report on Wednesday, May 20th. One 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 issued a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

Get Our Latest Stock Analysis on GE Aerospace

GE Aerospace Stock Up 1.0%

GE Aerospace stock opened at $317.73 on Thursday. The company has a market cap of $331.50 billion, a P/E ratio of 39.13, a price-to-earnings-growth ratio of 2.92 and a beta of 1.36. GE Aerospace has a 1-year low of $232.24 and a 1-year high of $348.48. The company has a fifty day simple moving average of $294.84 and a 200 day simple moving average of $305.47. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

About GE Aerospace

(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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