Bristol Gate Capital Partners Inc. Sells 61,225 Shares of GE Aerospace $GE

Bristol Gate Capital Partners Inc. trimmed its position in shares of GE Aerospace (NYSE:GE) by 19.6% during the 4th quarter, HoldingsChannel reports. The fund owned 251,035 shares of the company’s stock after selling 61,225 shares during the quarter. GE Aerospace makes up approximately 4.5% of Bristol Gate Capital Partners Inc.’s investment portfolio, making the stock its 14th biggest holding. Bristol Gate Capital Partners Inc.’s holdings in GE Aerospace were worth $77,327,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. REAP Financial Group LLC bought a new position in GE Aerospace during the third quarter valued at about $25,000. Abich Financial Wealth Management LLC bought a new position in GE Aerospace during the third quarter valued at about $32,000. Tucker Asset Management LLC bought a new position in GE Aerospace during the fourth quarter valued at about $32,000. Redmont Wealth Advisors LLC bought a new position in GE Aerospace during the third quarter valued at about $36,000. Finally, Strengthening Families & Communities LLC bought a new position in GE Aerospace during the third quarter valued at about $38,000. 74.77% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on GE shares. President Capital lowered their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Sanford C. Bernstein upped their price objective on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Jefferies Financial Group set a $365.00 price objective on GE Aerospace in a research note on Sunday, April 26th. UBS Group lowered their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Finally, Zacks Research lowered GE Aerospace from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 24th. One investment 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 assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Trading Up 0.1%

GE stock opened at $302.13 on Friday. GE Aerospace has a 1-year low of $228.01 and a 1-year high of $348.48. The firm has a market cap of $315.22 billion, a P/E ratio of 37.21, a P/E/G ratio of 2.80 and a beta of 1.36. The business’s 50 day moving average is $294.35 and its 200-day moving average is $305.35. 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 released its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping 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 return on equity of 37.99% and a net margin of 17.86%.GE Aerospace’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

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.