GE Aerospace $GE Shares Purchased by Precision Wealth Strategies LLC

Precision Wealth Strategies LLC raised its position in GE Aerospace (NYSE:GEFree Report) by 8.9% during the first quarter, Holdings Channel reports. The firm owned 30,720 shares of the company’s stock after buying an additional 2,517 shares during the quarter. GE Aerospace comprises 2.9% of Precision Wealth Strategies LLC’s portfolio, making the stock its 5th largest holding. Precision Wealth Strategies LLC’s holdings in GE Aerospace were worth $8,717,000 as of its most recent SEC filing.

A number of other large investors also recently added to or reduced their stakes in the company. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace in the 4th quarter valued at $31,000. Tucker Asset Management LLC acquired a new position in GE Aerospace during the 4th quarter worth about $32,000. Lifetime Wealth Management P.C. acquired a new position in GE Aerospace during the 4th quarter worth about $40,000. Finally, Beaird Harris Wealth Management LLC boosted its holdings in GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after acquiring an additional 59 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have weighed in on the company. Wells Fargo & Company began coverage on GE Aerospace in a research report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price for the company. Jefferies Financial Group increased their price target on shares of GE Aerospace from $365.00 to $455.00 and gave the stock a “buy” rating in a research report on Thursday, July 2nd. Citigroup reissued a “buy” rating and issued a $431.00 price objective (up from $353.00) on shares of GE Aerospace in a research note on Wednesday, July 1st. Weiss Ratings upgraded shares of GE Aerospace from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Finally, Susquehanna restated a “positive” rating and issued a $430.00 price objective (up from $380.00) on shares of GE Aerospace in a report on Thursday, July 9th. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $370.33.

Check Out Our Latest Analysis on GE Aerospace

GE Aerospace Stock Performance

NYSE:GE opened at $348.58 on Friday. The firm has a market capitalization of $363.69 billion, a PE ratio of 41.06, a price-to-earnings-growth ratio of 2.98 and a beta of 1.35. The business’s fifty day moving average price is $336.31 and its 200 day moving average price is $318.52. The company has a debt-to-equity ratio of 0.96, a current ratio of 0.98 and a quick ratio of 0.70. GE Aerospace has a 12 month low of $254.66 and a 12 month high of $382.97.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings results on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion during the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the previous year, the business earned $1.66 EPS. GE Aerospace’s revenue for the quarter was up 21.1% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. On average, sell-side analysts anticipate that GE Aerospace will post 7.93 earnings per share for the current fiscal year.

GE Aerospace Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, July 27th. Investors of record on Monday, July 6th will be paid a dividend of $0.47 per share. The ex-dividend date is Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s payout ratio is presently 22.14%.

Key GE Aerospace News

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

About GE Aerospace

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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