Beese Fulmer Investment Management Inc. Purchases 2,106 Shares of GE Aerospace $GE

Beese Fulmer Investment Management Inc. lifted its position in GE Aerospace (NYSE:GEFree Report) by 13.3% during the 4th quarter, HoldingsChannel reports. The firm owned 17,929 shares of the company’s stock after buying an additional 2,106 shares during the period. Beese Fulmer Investment Management Inc.’s holdings in GE Aerospace were worth $5,529,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Millennium Capital Advisors LLC bought a new position in shares of GE Aerospace in the fourth quarter worth $2,805,000. Burford Brothers Inc. increased its holdings in shares of GE Aerospace by 0.9% in the fourth quarter. Burford Brothers Inc. now owns 11,806 shares of the company’s stock worth $3,637,000 after purchasing an additional 101 shares during the period. WealthPlan Investment Management LLC increased its holdings in shares of GE Aerospace by 361.6% in the fourth quarter. WealthPlan Investment Management LLC now owns 4,690 shares of the company’s stock worth $1,445,000 after purchasing an additional 3,674 shares during the period. Hills Bank & Trust Co increased its holdings in shares of GE Aerospace by 10.2% in the fourth quarter. Hills Bank & Trust Co now owns 5,274 shares of the company’s stock worth $1,625,000 after purchasing an additional 487 shares during the period. Finally, Center for Financial Planning Inc. increased its holdings in shares of GE Aerospace by 3.6% in the fourth quarter. Center for Financial Planning Inc. now owns 1,216 shares of the company’s stock worth $375,000 after purchasing an additional 42 shares during the period. Institutional investors own 74.77% of the company’s stock.

Trending Headlines about GE Aerospace

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

  • Positive Sentiment: GE Aerospace’s CEO reportedly met with China’s National Development and Reform Commission, raising hopes for new engine orders and improved China access for the company. Reuters article
  • Positive Sentiment: Reuters and other reports suggest GE Aerospace could sell hundreds of engines to China if aircraft deals expand, which would be a meaningful long-term revenue tailwind. Bizjournals article
  • Positive Sentiment: GE Aerospace and Emirates announced a plan to develop piece-part repair capabilities for GE90 and GP7200 engines, supporting the company’s higher-margin maintenance and aftermarket business. Aviation Week article
  • Neutral Sentiment: GE Aerospace Weekend promotion is a branding and marketing item, but it is unlikely to materially affect the stock. MLB article
  • Negative Sentiment: BNP Paribas Exane cut its price target on GE Aerospace to $270 and kept an underperform rating, reinforcing concerns that the stock may have limited upside near current levels. American Banking News article

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on GE shares. TD Cowen decreased their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a research note on Thursday, January 22nd. UBS Group reduced their target price on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, BNP Paribas Exane reduced their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

Get Our Latest Stock Report on GE Aerospace

GE Aerospace Stock Down 3.3%

GE opened at $281.91 on Friday. The stock has a market cap of $294.13 billion, a PE ratio of 34.72, a P/E/G ratio of 2.62 and a beta of 1.36. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 52 week low of $227.59 and a 52 week high of $348.48. The business’s fifty day simple moving average is $297.32 and its 200 day simple moving average is $305.92.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the prior year, the firm earned $1.49 earnings per share. The firm’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, research analysts expect that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

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.

Further Reading

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

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