Horizon Wealth Management LLC Takes $725,000 Position in GE Aerospace $GE

Horizon Wealth Management LLC acquired a new position in shares of GE Aerospace (NYSE:GEFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 2,354 shares of the company’s stock, valued at approximately $725,000.

Other institutional investors have also recently modified their holdings of the company. REAP Financial Group LLC acquired a new position in shares of GE Aerospace during the 3rd quarter worth approximately $25,000. Marquette Asset Management LLC acquired a new position in shares of GE Aerospace during the 3rd quarter worth approximately $26,000. Abich Financial Wealth Management LLC acquired a new position in shares of GE Aerospace during the 3rd quarter worth approximately $32,000. CGC Financial Services LLC raised its position in shares of GE Aerospace by 202.7% during the 3rd quarter. CGC Financial Services LLC now owns 112 shares of the company’s stock worth $34,000 after purchasing an additional 75 shares during the last quarter. Finally, Redmont Wealth Advisors LLC acquired a new position in shares of GE Aerospace during the 3rd quarter worth approximately $36,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace News Roundup

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

Analyst Ratings Changes

GE has been the subject of several research reports. JPMorgan Chase & Co. lifted their price objective on GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. The Goldman Sachs Group lifted their price objective on GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Citigroup cut their price objective on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Royal Bank Of Canada restated an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a research report on Wednesday, April 22nd. Finally, Morgan Stanley cut their price objective on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $349.89.

Check Out Our Latest Report on GE Aerospace

GE Aerospace Stock Performance

Shares of GE stock opened at $296.91 on Monday. GE Aerospace has a one year low of $211.15 and a one year high of $348.48. 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 company has a 50 day moving average price of $302.98 and a 200 day moving average price of $306.34. The firm has a market capitalization of $309.78 billion, a price-to-earnings ratio of 36.57, a price-to-earnings-growth ratio of 2.76 and a beta of 1.36.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the business posted $1.49 earnings per share. GE Aerospace’s revenue for the quarter 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. Sell-side analysts anticipate that GE Aerospace will post 7.46 EPS for the current year.

GE Aerospace Company 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.

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

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