New Age Alpha Advisors LLC Buys 9,745 Shares of GE Aerospace $GE

New Age Alpha Advisors LLC lifted its stake in GE Aerospace (NYSE:GE) by 34.3% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 38,156 shares of the company’s stock after acquiring an additional 9,745 shares during the period. New Age Alpha Advisors LLC’s holdings in GE Aerospace were worth $11,753,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the stock. Mathes Company Inc. raised its position in shares of GE Aerospace by 0.7% in the 4th quarter. Mathes Company Inc. now owns 28,421 shares of the company’s stock worth $8,754,000 after acquiring an additional 200 shares in the last quarter. Allen Capital Group LLC grew its stake in GE Aerospace by 8.5% during the 4th quarter. Allen Capital Group LLC now owns 1,933 shares of the company’s stock worth $595,000 after buying an additional 152 shares during the last quarter. Hantz Financial Services Inc. grew its stake in GE Aerospace by 26.7% during the 4th quarter. Hantz Financial Services Inc. now owns 6,258 shares of the company’s stock worth $1,928,000 after buying an additional 1,318 shares during the last quarter. LifePlan Investment Advisors Inc. grew its stake in GE Aerospace by 11.0% during the 4th quarter. LifePlan Investment Advisors Inc. now owns 4,487 shares of the company’s stock worth $1,382,000 after buying an additional 446 shares during the last quarter. Finally, Simplify Asset Management Inc. grew its stake in GE Aerospace by 36.3% during the 4th quarter. Simplify Asset Management Inc. now owns 1,950 shares of the company’s stock worth $601,000 after buying an additional 519 shares during the last quarter. 74.77% of the stock is owned by institutional investors.

GE Aerospace Stock Down 0.2%

GE Aerospace stock opened at $302.13 on Monday. 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 business’s 50-day simple moving average is $294.35 and its two-hundred day simple moving average is $305.33. The company has a market cap of $315.22 billion, a PE ratio of 37.21, a PEG ratio of 2.81 and a beta of 1.36. GE Aerospace has a fifty-two week low of $228.01 and a fifty-two week high of $348.48.

GE Aerospace (NYSE:GE) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion for 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 company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the business 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 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently weighed in on GE shares. UBS Group dropped their target price 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. TD Cowen dropped their target price 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. Jefferies Financial Group set a $365.00 target price on GE Aerospace in a research note on Sunday, April 26th. Citigroup dropped their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $355.00 target price on shares of GE Aerospace in a research note on Wednesday. One equities research 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 assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Company 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.