MV Capital Management Inc. Invests $577,000 in GE Aerospace $GE

MV Capital Management Inc. bought a new stake in GE Aerospace (NYSE:GE) during the fourth quarter, HoldingsChannel.com reports. The fund bought 1,872 shares of the company’s stock, valued at approximately $577,000.

Several other hedge funds and other institutional investors have also made changes to their positions in GE. High Falls Advisors Inc boosted its position in GE Aerospace by 3.0% during the 4th quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock worth $329,000 after purchasing an additional 31 shares during the period. Wolff Wiese Magana LLC raised its position in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC raised its position in GE Aerospace by 3.6% in the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares during the period. Darwin Wealth Management LLC lifted its stake in shares of GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after purchasing an additional 33 shares in the last quarter. Finally, LRI Investments LLC lifted its stake in shares of GE Aerospace by 1.4% during the fourth quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock worth $736,000 after purchasing an additional 33 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE stock opened at $358.77 on Friday. 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 fifty day moving average price is $308.70 and its two-hundred day moving average price is $309.03. The firm has a market capitalization of $374.32 billion, a P/E ratio of 44.18, a P/E/G ratio of 3.16 and a beta of 1.37. GE Aerospace has a 12 month low of $236.51 and a 12 month high of $364.70.

GE Aerospace (NYSE:GE) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share 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 company had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period last year, the firm earned $1.49 earnings per share. The company’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. On average, research analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. 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 target price for the company. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a research report on Wednesday, May 27th. Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a report on Wednesday, May 20th. Finally, Citigroup lowered their price objective on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

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.