Fisher Asset Management LLC Boosts Stock Holdings in GE Aerospace $GE

Fisher Asset Management LLC raised its holdings in GE Aerospace (NYSE:GE) by 41.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 25,650 shares of the company’s stock after acquiring an additional 7,549 shares during the period. Fisher Asset Management LLC’s holdings in GE Aerospace were worth $7,901,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also recently modified their holdings of the company. REAP Financial Group LLC purchased a new position in GE Aerospace during the third quarter valued at approximately $25,000. Abich Financial Wealth Management LLC purchased a new position in GE Aerospace during the third quarter valued at approximately $32,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the fourth quarter valued at approximately $32,000. Redmont Wealth Advisors LLC purchased a new position in GE Aerospace during the third quarter valued at approximately $36,000. Finally, Strengthening Families & Communities LLC purchased a new position in GE Aerospace during the third quarter valued at approximately $38,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Price Performance

GE stock opened at $317.73 on Thursday. 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 has a one year low of $232.24 and a one year high of $348.48. The stock has a market cap of $331.50 billion, a PE ratio of 39.13, a P/E/G ratio of 2.92 and a beta of 1.36. The firm has a 50 day simple moving average of $294.84 and a two-hundred day simple moving average of $305.47.

GE Aerospace (NYSE:GE) last released its quarterly 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 analysts’ expectations of $11.61 billion. During the same quarter in the previous year, the company earned $1.49 EPS. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities analysts recently commented on GE shares. Wells Fargo & Company started coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective for the company. Zacks Research cut shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a research note on Wednesday. Morgan Stanley reduced their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. Finally, Citigroup reduced 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 note on Wednesday, April 1st. 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target 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.