GE Aerospace $GE Stock Position Increased by Ritholtz Wealth Management

Ritholtz Wealth Management boosted its position in GE Aerospace (NYSE:GE) by 7.4% during the 1st quarter, HoldingsChannel reports. The firm owned 27,144 shares of the company’s stock after buying an additional 1,862 shares during the quarter. Ritholtz Wealth Management’s holdings in GE Aerospace were worth $7,703,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in GE Aerospace by 25.3% in the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock valued at $2,003,000 after acquiring an additional 2,421 shares during the period. Revolve Wealth Partners LLC raised its stake in GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock valued at $375,000 after acquiring an additional 150 shares in the last quarter. Sivia Capital Partners LLC boosted its position in GE Aerospace by 4.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after acquiring an additional 191 shares during the period. Main Street Financial Solutions LLC boosted its position in GE Aerospace by 348.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after acquiring an additional 4,584 shares during the period. Finally, HUB Investment Partners LLC grew its stake in shares of GE Aerospace by 4.2% in the second quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after purchasing an additional 366 shares in the last quarter. 74.77% of the stock is owned by institutional investors and hedge funds.

GE Aerospace Stock Performance

Shares of NYSE GE opened at $364.83 on Thursday. The stock has a fifty day moving average price of $312.60 and a two-hundred day moving average price of $311.00. 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 firm has a market cap of $380.64 billion, a P/E ratio of 44.93, a PEG ratio of 3.16 and a beta of 1.37. GE Aerospace has a 1 year low of $243.34 and a 1 year high of $369.25.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) 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 company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same period last year, the firm earned $1.49 EPS. The firm’s revenue for the quarter 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 forecast that GE Aerospace will post 7.48 EPS for the current fiscal year.

More GE Aerospace News

Here are the key news stories impacting GE Aerospace this week:

• Positive Sentiment: GE Aerospace remains a trending stock as investors focus on its strong outlook, with recent articles highlighting ongoing interest in the name and confidence in the company’s underlying business momentum. Article Title
• Positive Sentiment: GE Aerospace has continued to benefit from strong capital returns to shareholders, including buybacks and dividends, supported by healthy liquidity and cash-flow guidance. Article Title
• Positive Sentiment: GE Aerospace is being viewed as a beneficiary of the broader jet recovery trade, suggesting improving demand conditions in commercial aviation. Article Title
• Neutral Sentiment: GE Aerospace submitted analysis of the AI-171 engine incident to India’s AAIB, with the final report expected in about two months; this keeps the issue in focus but does not yet provide a clear financial impact. Article Title
• Negative Sentiment: Reports that India is exploring alternatives for its AMCA fighter jet program after GE Aerospace’s engine cost reportedly tripled could threaten prospective engine sales and weaken a potential growth opportunity. Article Title
• Negative Sentiment: A similar report from another outlet said the higher F414 engine price is forcing India to rethink its AMCA fighter plans, reinforcing concerns about possible order risk. Article Title

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. UBS Group lowered their price target on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Weiss Ratings downgraded shares of GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. Seaport Research Partners initiated coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They set a “buy” rating and a $375.00 target price on the stock. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. One investment 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. According to data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and a consensus 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.