2,472 Shares in GE Aerospace $GE Bought by DUTCH ASSET Corp

DUTCH ASSET Corp acquired a new position in GE Aerospace (NYSE:GE) during the fourth quarter, according to the company in its most recent filing with the SEC. The fund acquired 2,472 shares of the company’s stock, valued at approximately $761,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GE. Blueline Advisors LLC purchased a new stake in shares of GE Aerospace during the fourth quarter worth about $25,000. Ankerstar Wealth LLC purchased a new position in GE Aerospace in the fourth quarter valued at about $31,000. Tucker Asset Management LLC purchased a new position in GE Aerospace in the fourth quarter valued at about $32,000. Redmont Wealth Advisors LLC purchased a new position in GE Aerospace in the third quarter valued at about $36,000. Finally, Lifetime Wealth Management P.C. acquired a new stake in GE Aerospace during the 4th quarter valued at approximately $40,000. 74.77% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of analysts have recently weighed in on GE shares. Sanford C. Bernstein raised their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. 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 price objective on the stock. BNP Paribas Exane decreased their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Finally, Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 target price on shares of GE Aerospace in a research report on Wednesday, May 20th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Trading Up 0.3%

Shares of NYSE GE opened at $358.77 on Friday. GE Aerospace has a 12-month low of $236.51 and a 12-month high of $364.70. The company has a market cap of $374.32 billion, a price-to-earnings ratio of 44.18, a price-to-earnings-growth ratio of 3.17 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock’s 50 day simple moving average is $309.71 and its 200 day simple moving average is $309.38.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm’s revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.49 EPS. 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 EPS for the current 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.