Telligent Fund LP Purchases Shares of 4,200 GE Aerospace $GE

Telligent Fund LP purchased a new stake in shares of GE Aerospace (NYSE:GE) in the 4th quarter, Holdings Channel reports. The institutional investor purchased 4,200 shares of the company’s stock, valued at approximately $1,294,000. GE Aerospace accounts for 1.4% of Telligent Fund LP’s investment portfolio, making the stock its 20th largest holding.

Several other hedge funds have also bought and sold shares of the stock. Integrity Financial Corp WA bought a new position in shares of GE Aerospace in the third quarter worth approximately $481,000. Prime Capital Investment Advisors LLC boosted its position in shares of GE Aerospace by 23.6% in the third quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after purchasing an additional 9,750 shares during the period. HORAN Wealth LLC boosted its position in shares of GE Aerospace by 667.0% in the third quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after purchasing an additional 8,865 shares during the period. Prospera Financial Services Inc boosted its position in shares of GE Aerospace by 18.1% in the third quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after purchasing an additional 7,315 shares during the period. Finally, Allworth Financial LP boosted its position in shares of GE Aerospace by 7.6% in the fourth quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock worth $23,677,000 after purchasing an additional 5,434 shares during the period. Institutional investors own 74.77% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GE. BNP Paribas Exane dropped their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. TD Cowen dropped their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Sanford C. Bernstein upped their price target on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research note on Tuesday, March 3rd. Seaport Research Partners initiated coverage on GE Aerospace in a research note on Tuesday. They issued a “buy” rating and a $375.00 price target for the company. Finally, President Capital dropped their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, GE Aerospace has an average rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Price Performance

Shares of NYSE:GE opened at $320.45 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The firm has a fifty day moving average price of $295.20 and a 200 day moving average price of $305.56. GE Aerospace has a fifty-two week low of $232.24 and a fifty-two week high of $348.48. The firm has a market cap of $334.34 billion, a price-to-earnings ratio of 39.46, a P/E/G ratio of 2.95 and a beta of 1.36.

GE Aerospace (NYSE:GE) last announced its quarterly 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 company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same period in the prior year, the company 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, sell-side analysts expect that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

About GE Aerospace

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.