RPg Family Wealth Advisory LLC Has $9.44 Million Holdings in GE Aerospace $GE

RPg Family Wealth Advisory LLC cut its stake in shares of GE Aerospace (NYSE:GEFree Report) by 22.0% in the 4th quarter, HoldingsChannel reports. The fund owned 30,597 shares of the company’s stock after selling 8,629 shares during the quarter. GE Aerospace makes up 2.1% of RPg Family Wealth Advisory LLC’s investment portfolio, making the stock its 11th largest position. RPg Family Wealth Advisory LLC’s holdings in GE Aerospace were worth $9,436,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of the stock. Advisors Asset Management Inc. increased its holdings in shares of GE Aerospace by 18.3% during the fourth quarter. Advisors Asset Management Inc. now owns 46,412 shares of the company’s stock worth $14,296,000 after purchasing an additional 7,195 shares during the period. Empire Financial Management Company LLC increased its holdings in shares of GE Aerospace by 1.1% during the fourth quarter. Empire Financial Management Company LLC now owns 5,614 shares of the company’s stock worth $1,729,000 after purchasing an additional 62 shares during the period. CI Investments Inc. increased its holdings in shares of GE Aerospace by 1,424.1% during the fourth quarter. CI Investments Inc. now owns 218,578 shares of the company’s stock worth $67,329,000 after purchasing an additional 204,237 shares during the period. Douglass Winthrop Advisors LLC increased its holdings in shares of GE Aerospace by 7.2% during the fourth quarter. Douglass Winthrop Advisors LLC now owns 8,525 shares of the company’s stock worth $2,626,000 after purchasing an additional 570 shares during the period. Finally, Laurel Oak Wealth Management LLC bought a new position in shares of GE Aerospace during the fourth quarter worth approximately $384,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Key GE Aerospace News

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

GE Aerospace Stock Performance

Shares of NYSE:GE 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 has a market capitalization 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. 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’s 50 day simple moving average is $303.27 and its 200 day simple moving average is $307.36.

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, 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 during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the prior year, the company earned $1.49 earnings per share. 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. As a group, research analysts predict that GE Aerospace will post 7.48 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the stock. Weiss Ratings cut shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. UBS Group lowered their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price on the stock. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. Finally, Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Get Our Latest Stock 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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