Mar Vista Investment Partners LLC Trims Stock Position in GE Aerospace $GE

Mar Vista Investment Partners LLC cut its stake in shares of GE Aerospace (NYSE:GEFree Report) by 11.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 74,572 shares of the company’s stock after selling 9,251 shares during the period. GE Aerospace makes up 2.1% of Mar Vista Investment Partners LLC’s investment portfolio, making the stock its 23rd biggest holding. Mar Vista Investment Partners LLC’s holdings in GE Aerospace were worth $22,970,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Blueline Advisors LLC purchased a new stake in GE Aerospace during the 4th quarter valued at approximately $25,000. Ankerstar Wealth LLC purchased a new stake in GE Aerospace during the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace during the 4th quarter worth approximately $32,000. Redmont Wealth Advisors LLC purchased a new position in shares of GE Aerospace during the 3rd quarter worth approximately $36,000. Finally, Beaird Harris Wealth Management LLC raised its stake in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after buying an additional 59 shares in the last quarter. 74.77% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently issued reports on GE shares. UBS Group cut their target price on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Citigroup cut their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Daiwa Securities Group started coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. President Capital cut their target price on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Finally, Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

Check Out Our Latest Stock Analysis on GE Aerospace

GE Aerospace Stock Performance

NYSE GE opened at $352.10 on Wednesday. GE Aerospace has a 1-year low of $232.24 and a 1-year high of $352.88. The company has a market capitalization of $367.36 billion, a P/E ratio of 43.36, a PEG ratio of 3.03 and a beta of 1.37. The business has a 50 day moving average price of $305.92 and a 200 day moving average price of $308.18. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70.

GE Aerospace (NYSE:GEGet Free Report) last released its quarterly earnings data 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 firm 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 business posted $1.49 EPS. GE Aerospace’s quarterly 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. Sell-side analysts expect that GE Aerospace will post 7.48 EPS for the current fiscal year.

GE Aerospace Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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