Ignite Planners LLC Acquires 1,878 Shares of GE Aerospace $GE

Ignite Planners LLC raised its stake in GE Aerospace (NYSE:GE) by 45.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 6,041 shares of the company’s stock after buying an additional 1,878 shares during the quarter. Ignite Planners LLC’s holdings in GE Aerospace were worth $1,853,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. REAP Financial Group LLC bought a new stake in GE Aerospace during the third quarter worth $25,000. Abich Financial Wealth Management LLC bought a new position in GE Aerospace in the 3rd quarter valued at approximately $32,000. Tucker Asset Management LLC bought a new position in shares of GE Aerospace in the 4th quarter valued at $32,000. Redmont Wealth Advisors LLC acquired a new stake in shares of GE Aerospace during the 3rd quarter valued at $36,000. Finally, Strengthening Families & Communities LLC acquired a new stake in shares of GE Aerospace during the third quarter valued at about $38,000. 74.77% of the stock is owned by institutional investors.

GE Aerospace Stock Performance

GE opened at $302.03 on Friday. GE Aerospace has a 1-year low of $228.01 and a 1-year high of $348.48. The company has a market cap of $315.12 billion, a price-to-earnings ratio of 37.20, a PEG ratio of 2.79 and a beta of 1.36. The company’s fifty day moving average price is $294.81 and its two-hundred day moving average price is $305.37. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.60 by $0.26. The business 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%.GE Aerospace’s revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, analysts expect that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace News Summary

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

• Positive Sentiment: GE Aerospace won new support contracts tied to the U.S. Navy and U.K. Apache engine programs, reinforcing its defense revenue pipeline and highlighting continued demand for its engine services. GE Aerospace wins Navy, U.K. Apache engine support contracts
• Positive Sentiment: GE continues to benefit from strength in its Defense & Propulsion business, with rising military contracts and broader defense spending supporting growth momentum. GE Gains From Strength in Defense & Propulsion Unit: Can It Sustain?
• Positive Sentiment: The company completed design studies of a hypersonic ramjet and said it used generative AI to speed up engine design, signaling potential long-term upside from advanced aerospace R&D and innovation leadership. Press Release: GE completes design studies of hypersonic ramjet
• Neutral Sentiment: GE tests RISE technology blades for dust ingestion on Leap engines, an incremental development that supports its future product line but is not an immediate earnings driver. GE Tests RISE Technology Blades For Dust Ingestion On Leap
• Neutral Sentiment: Analyst and comparison pieces on GE versus RTX and post-earnings performance mainly reflect valuation debate and expectations rather than a new fundamental catalyst. GE vs. RTX: Which Aerospace & Defense Stock has Better Prospects?
• Negative Sentiment: Some coverage suggests RTX may have an edge over GE in the aerospace and defense race due to stronger demand, a larger backlog, and a cheaper valuation, which could temper enthusiasm for GE relative to peers. GE vs. RTX: Which Aerospace & Defense Stock has Better Prospects?

Wall Street Analyst Weigh In

Several brokerages have issued reports on GE. Royal Bank Of Canada restated an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a research report on Wednesday. Wells Fargo & Company initiated coverage on shares of GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective for the company. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. TD Cowen dropped their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research note on Wednesday, April 8th. Finally, Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus 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.