Nalls Sherbakoff Group LLC Invests $715,000 in GE Aerospace $GE

Nalls Sherbakoff Group LLC bought a new stake in shares of GE Aerospace (NYSE:GE) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 2,323 shares of the company’s stock, valued at approximately $715,000.

A number of other large investors also recently bought and sold shares of the business. Blueline Advisors LLC purchased a new position in GE Aerospace during the fourth quarter valued at $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the fourth quarter worth approximately $31,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the fourth quarter worth approximately $32,000. Redmont Wealth Advisors LLC purchased a new stake in shares of GE Aerospace during the third quarter worth approximately $36,000. Finally, Lifetime Wealth Management P.C. purchased a new stake in shares of GE Aerospace during the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE Aerospace stock opened at $358.77 on Friday. GE Aerospace has a one year low of $236.51 and a one year high of $364.70. The company has a market cap of $374.32 billion, a price-to-earnings ratio of 44.18, a PEG ratio of 3.17 and a beta of 1.37. 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 business’s 50 day moving average price is $309.71 and its 200 day moving average price is $309.38.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts predict that GE Aerospace will post 7.48 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on GE. TD Cowen decreased their price objective on 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 lowered shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Citigroup reduced their target price 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. BNP Paribas Exane decreased their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Finally, Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a research report on Wednesday, May 27th. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace 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.