Aster Capital Management DIFC Ltd Buys New Shares in GE Aerospace $GE

Aster Capital Management DIFC Ltd bought a new stake in GE Aerospace (NYSE:GE) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 4,311 shares of the company’s stock, valued at approximately $1,328,000. GE Aerospace accounts for about 0.6% of Aster Capital Management DIFC Ltd’s portfolio, making the stock its 24th biggest position.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Blueline Advisors LLC bought a new stake in GE Aerospace in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC bought a new stake in GE Aerospace in the fourth quarter valued at about $31,000. Abich Financial Wealth Management LLC bought a new stake in GE Aerospace in the third quarter valued at about $32,000. Tucker Asset Management LLC bought a new stake in GE Aerospace in the fourth quarter valued at about $32,000. Finally, Redmont Wealth Advisors LLC bought a new stake in GE Aerospace in the third quarter valued at about $36,000. Institutional investors own 74.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. Sanford C. Bernstein upped their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Weiss Ratings cut shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Finally, Wall Street Zen cut shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One 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’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Price Performance

NYSE:GE opened at $342.40 on Tuesday. The firm has a market cap of $357.24 billion, a PE ratio of 42.17, a price-to-earnings-growth ratio of 2.97 and a beta of 1.37. GE Aerospace has a 12 month low of $232.24 and a 12 month high of $348.90. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The company’s 50-day moving average price is $304.50 and its two-hundred day moving average price is $307.80.

GE Aerospace (NYSE:GE) last released 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. The firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts anticipate that GE Aerospace will post 7.48 EPS 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.