GE Aerospace $GE Shares Bought by Focus Partners Wealth

Focus Partners Wealth grew its holdings in GE Aerospace (NYSE:GEFree Report) by 28.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 379,797 shares of the company’s stock after purchasing an additional 85,115 shares during the period. Focus Partners Wealth’s holdings in GE Aerospace were worth $117,013,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Blueline Advisors LLC acquired a new position in shares of GE Aerospace in the 4th quarter valued at $25,000. Ankerstar Wealth LLC acquired a new position in shares of GE Aerospace in the 4th quarter valued at $31,000. Abich Financial Wealth Management LLC acquired a new position in shares of GE Aerospace in the 3rd quarter valued at $32,000. Tucker Asset Management LLC acquired a new position in shares of GE Aerospace in the 4th quarter valued at $32,000. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of GE Aerospace in the 3rd quarter valued at $36,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

Trending Headlines about GE Aerospace

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GE Aerospace Price Performance

GE opened at $334.89 on Monday. The stock’s 50-day moving average price is $303.27 and its 200 day moving average price is $307.45. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The firm has a market cap of $349.40 billion, a price-to-earnings ratio of 41.24, a PEG ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GEGet Free Report) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) 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 analyst estimates of $11.61 billion. During the same quarter in the prior year, the company earned $1.49 EPS. GE Aerospace’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, sell-side analysts expect that GE Aerospace will post 7.48 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently commented on GE. Morgan Stanley decreased their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research note on Wednesday, April 22nd. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a research note on Wednesday, May 20th. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Finally, Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $348.22.

Check Out Our Latest Stock Analysis on GE Aerospace

GE Aerospace Company 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.

Further Reading

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

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