Clark Capital Management Group Inc. Raises Holdings in GE Aerospace $GE

Clark Capital Management Group Inc. grew its position in shares of GE Aerospace (NYSE:GE) by 0.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 388,384 shares of the company’s stock after purchasing an additional 2,382 shares during the period. Clark Capital Management Group Inc.’s holdings in GE Aerospace were worth $119,634,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in GE. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at about $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at about $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the fourth quarter valued at about $32,000. Redmont Wealth Advisors LLC purchased a new position in shares of GE Aerospace during the third quarter valued at about $36,000. Finally, Beaird Harris Wealth Management LLC grew its position in shares of GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on GE shares. Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. 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 report on Wednesday, April 22nd. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. Daiwa Securities Group began coverage on GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target for the company. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a research report on Wednesday, May 20th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Trading Up 2.9%

GE opened at $352.10 on Wednesday. The firm has a market cap of $367.36 billion, a P/E ratio of 43.36, a P/E/G ratio of 3.03 and a beta of 1.37. GE Aerospace has a 12 month low of $232.24 and a 12 month high of $352.88. 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 stock has a 50-day moving average of $305.92 and a 200 day moving average of $308.18.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating 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 business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the previous year, the business earned $1.49 earnings per share. The company’s revenue for the quarter was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, research analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

GE Aerospace Company Profile

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.