Flatrock Wealth Partners LLC Invests $492,000 in GE Aerospace $GE

Flatrock Wealth Partners LLC purchased a new stake in shares of GE Aerospace (NYSE:GE) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 1,731 shares of the company’s stock, valued at approximately $492,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Blueline Advisors LLC acquired a new position in GE Aerospace during the 4th quarter worth about $25,000. Ankerstar Wealth LLC acquired a new stake in GE Aerospace in the 4th quarter valued at about $31,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace in the 4th quarter valued at about $32,000. Lifetime Wealth Management P.C. bought a new position in shares of GE Aerospace in the fourth quarter worth about $40,000. Finally, Legacy Bridge LLC lifted its position in shares of GE Aerospace by 3,375.0% during the fourth quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on GE shares. BNP Paribas Exane decreased their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a report on Wednesday, May 20th. TD Cowen decreased their price objective on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. Finally, Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $357.56.

GE Aerospace Stock Down 3.2%

NYSE:GE opened at $366.64 on Wednesday. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12-month low of $243.34 and a 12-month high of $382.97. The stock’s fifty day simple moving average is $326.39 and its 200-day simple moving average is $316.19. The firm has a market capitalization of $382.53 billion, a P/E ratio of 45.15, a P/E/G ratio of 3.36 and a beta of 1.35.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. During the same quarter in the prior 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. Equities research analysts expect that GE Aerospace will post 7.48 earnings per share for the current year.

GE Aerospace Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be given a $0.47 dividend. This represents a $1.88 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Monday, July 6th. GE Aerospace’s dividend payout ratio (DPR) is currently 23.15%.

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.