Quadrant Capital Group LLC Purchases 2,288 Shares of GE Aerospace $GE

Quadrant Capital Group LLC grew its stake in GE Aerospace (NYSE:GEFree Report) by 7.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 31,348 shares of the company’s stock after acquiring an additional 2,288 shares during the quarter. Quadrant Capital Group LLC’s holdings in GE Aerospace were worth $9,656,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in GE. Norges Bank purchased a new position in shares of GE Aerospace in the 4th quarter valued at $4,444,736,000. Capital World Investors increased its holdings in shares of GE Aerospace by 16.2% in the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after acquiring an additional 2,995,054 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of GE Aerospace by 1,200.7% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock valued at $568,935,000 after acquiring an additional 1,705,005 shares during the period. CIBC Bancorp USA Inc. purchased a new position in shares of GE Aerospace in the 3rd quarter valued at $285,263,000. Finally, Vanguard Group Inc. increased its holdings in shares of GE Aerospace by 0.8% in the 4th quarter. Vanguard Group Inc. now owns 92,731,541 shares of the company’s stock valued at $28,564,097,000 after acquiring an additional 699,364 shares during the period. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Key GE Aerospace News

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

GE Aerospace Stock Up 0.6%

Shares of GE stock opened at $334.89 on Friday. GE Aerospace has a 1-year low of $232.24 and a 1-year high of $348.48. The stock’s fifty day moving average price is $303.27 and its 200 day moving average price is $307.36. 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 has a market cap of $349.40 billion, a price-to-earnings ratio of 41.24, a price-to-earnings-growth ratio of 2.95 and a beta of 1.37.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results 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. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the business earned $1.49 EPS. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

GE has been the topic of a number of analyst reports. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Citigroup cut their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Weiss Ratings downgraded GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Morgan Stanley cut their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, TD Cowen cut their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

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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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