GE Aerospace $GE Shares Purchased by Stenger Family Office LLC

Stenger Family Office LLC boosted its stake in GE Aerospace (NYSE:GE – Free Report) by 49.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 12,909 shares of the company’s stock after acquiring an additional 4,255 shares during the quarter. Stenger Family Office LLC’s holdings in GE Aerospace were worth $3,976,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in GE. Allworth Financial LP boosted its stake in GE Aerospace by 7.6% during the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after acquiring an additional 5,434 shares during the last quarter. Dara Capital US Inc. bought a new stake in shares of GE Aerospace in the 4th quarter worth about $2,527,000. NewEdge Wealth LLC increased its position in shares of GE Aerospace by 92.2% in the 4th quarter. NewEdge Wealth LLC now owns 20,142 shares of the company’s stock worth $6,204,000 after purchasing an additional 9,663 shares during the last quarter. Orion Porfolio Solutions LLC raised its stake in shares of GE Aerospace by 11.0% in the 3rd quarter. Orion Porfolio Solutions LLC now owns 68,266 shares of the company’s stock valued at $20,536,000 after purchasing an additional 6,747 shares in the last quarter. Finally, CenterBook Partners LP raised its stake in shares of GE Aerospace by 892.6% in the 4th quarter. CenterBook Partners LP now owns 49,788 shares of the company’s stock valued at $15,336,000 after purchasing an additional 44,772 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

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GE Aerospace Stock Up 0.3%

Shares of NYSE:GE opened at $358.77 on Friday. The company’s fifty day moving average is $309.71 and its two-hundred day moving average is $309.38. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. GE Aerospace has a 1-year low of $236.51 and a 1-year high of $364.70. The stock has a market capitalization of $374.32 billion, a price-to-earnings ratio of 44.18, a price-to-earnings-growth ratio of 3.17 and a beta of 1.37.

GE Aerospace (NYSE:GE – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. 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 business posted $1.49 EPS. The company’s quarterly 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. Equities analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

Wall Street Analyst Weigh In

GE has been the subject of a number of research reports. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Seaport Research Partners began coverage on GE Aerospace in a research note on Tuesday, May 26th. They set a “buy” rating and a $375.00 price objective on the stock. Morgan Stanley cut their price objective 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. TD Cowen reduced their target price on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Finally, Sanford C. Bernstein lifted their target price on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

Read Our Latest Report on GE

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.

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