Integrity Alliance LLC. lifted its holdings in GE Aerospace (NYSE:GE – Free Report) by 125.3% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 9,198 shares of the company’s stock after purchasing an additional 5,115 shares during the period. Integrity Alliance LLC.’s holdings in GE Aerospace were worth $2,833,000 at the end of the most recent quarter.
Several other institutional investors also recently bought and sold shares of the company. Ledyard National Bank increased its holdings in GE Aerospace by 1.2% during the 3rd quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock worth $828,000 after purchasing an additional 33 shares during the period. Hardy Reed LLC increased its holdings in GE Aerospace by 0.7% during the 3rd quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock worth $1,504,000 after purchasing an additional 33 shares during the period. Wolff Wiese Magana LLC increased its holdings in GE Aerospace by 1.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC increased its holdings in GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after purchasing an additional 33 shares during the period. Finally, Darwin Wealth Management LLC increased its holdings in GE Aerospace by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after purchasing an additional 33 shares during the period. 74.77% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several research firms have commented on GE. BNP Paribas Exane reduced their price objective on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a report on Wednesday. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Seaport Research Partners began coverage on GE Aerospace in a report on Tuesday. They set a “buy” rating and a $375.00 price objective on the stock. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a 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 assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and an average price target of $348.22.
GE Aerospace Price Performance
GE opened at $317.73 on Thursday. The firm has a market capitalization of $331.50 billion, a PE ratio of 39.13, a price-to-earnings-growth ratio of 2.92 and a beta of 1.36. 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 business’s 50-day moving average is $294.84 and its two-hundred day moving average is $305.47. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.48.
GE Aerospace (NYSE:GE – Get Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the company posted $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. Research analysts anticipate 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.
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