Northbridge Financial Group LLC Makes New Investment in GE Aerospace $GE

Northbridge Financial Group LLC purchased a new stake in GE Aerospace (NYSE:GEFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 1,889 shares of the company’s stock, valued at approximately $582,000.

Other large investors also recently made changes to their positions in the company. REAP Financial Group LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $25,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $32,000. Abich Financial Wealth Management LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $32,000. Redmont Wealth Advisors LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $36,000. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

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Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on GE. Sanford C. Bernstein raised their price target on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Deutsche Bank Aktiengesellschaft raised their price target on GE Aerospace from $375.00 to $387.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Weiss Ratings reissued a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. BNP Paribas Exane lowered their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a report on Wednesday, April 22nd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $348.22.

Get Our Latest Stock Analysis on GE

GE Aerospace Price Performance

NYSE GE opened at $284.68 on Wednesday. GE Aerospace has a 12 month low of $228.01 and a 12 month high of $348.48. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The firm has a market capitalization of $297.02 billion, a PE ratio of 35.06, a P/E/G ratio of 2.66 and a beta of 1.36. The company’s 50 day simple moving average is $295.74 and its 200 day simple moving average is $305.50.

GE Aerospace (NYSE:GEGet Free Report) last posted 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. The business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter last year, the business earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts forecast that GE Aerospace will post 7.46 EPS for the current fiscal 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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