Mariner LLC Buys 44,202 Shares of GE Aerospace $GE

Mariner LLC increased its stake in shares of GE Aerospace (NYSE:GE) by 13.4% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 374,972 shares of the company’s stock after acquiring an additional 44,202 shares during the quarter. Mariner LLC’s holdings in GE Aerospace were worth $115,551,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of GE. Blueline Advisors LLC bought a new stake in GE Aerospace during the fourth quarter worth $25,000. Ankerstar Wealth LLC purchased a new position in GE Aerospace during the fourth quarter worth about $31,000. Abich Financial Wealth Management LLC bought a new stake in GE Aerospace in the 3rd quarter worth about $32,000. Tucker Asset Management LLC purchased a new stake in GE Aerospace in the 4th quarter valued at about $32,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in GE Aerospace in the 3rd quarter valued at about $36,000. Institutional investors own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Jefferies Financial Group reiterated a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. UBS Group decreased their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Finally, BNP Paribas Exane decreased their price objective on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. One 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, GE Aerospace presently has an average rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Stock Performance

Shares of GE stock opened at $342.40 on Tuesday. The firm has a market cap of $357.24 billion, a price-to-earnings ratio of 42.17, a P/E/G ratio of 2.97 and a beta of 1.37. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. GE Aerospace has a 52 week low of $232.24 and a 52 week high of $348.90. The firm’s 50-day simple moving average is $304.50 and its two-hundred day simple moving average is $307.80.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate 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 company’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts forecast that GE Aerospace will post 7.48 earnings per share for the current 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.