71 West Capital Partners Acquires New Holdings in GE Aerospace $GE

71 West Capital Partners purchased a new position in shares of GE Aerospace (NYSE:GE) in the 4th quarter, HoldingsChannel reports. The firm purchased 3,391 shares of the company’s stock, valued at approximately $1,045,000.

Several other hedge funds have also recently added to or reduced their stakes in GE. Blueline Advisors LLC bought a new position in GE Aerospace during the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC bought a new position in GE Aerospace during the 4th quarter worth approximately $31,000. Abich Financial Wealth Management LLC bought a new position in GE Aerospace during the 3rd quarter worth approximately $32,000. Tucker Asset Management LLC bought a new position in GE Aerospace during the 4th quarter worth approximately $32,000. Finally, Redmont Wealth Advisors LLC bought a new position in GE Aerospace during the 3rd quarter worth approximately $36,000. Institutional investors own 74.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on GE. Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. BNP Paribas Exane lowered their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a report on Thursday, May 14th. Morgan Stanley lowered their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. Zacks Research lowered shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a report on Wednesday, May 20th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Stock Performance

NYSE:GE opened at $342.40 on Tuesday. The company has a fifty day moving average of $304.50 and a 200-day moving average of $307.80. The firm has a market capitalization of $357.24 billion, a P/E ratio of 42.17, a P/E/G ratio of 2.97 and a beta of 1.37. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.90.

GE Aerospace (NYSE:GE) last released its quarterly earnings data 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 company had revenue of $11.61 billion during 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%. GE Aerospace’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

About GE Aerospace

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.