Pincus Capital Management LP acquired a new stake in GE Aerospace (NYSE:GE – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 7,025 shares of the company’s stock, valued at approximately $2,164,000. GE Aerospace accounts for approximately 1.4% of Pincus Capital Management LP’s investment portfolio, making the stock its 16th biggest position.
Other institutional investors have also recently bought and sold shares of the company. REAP Financial Group LLC bought a new position in GE Aerospace in the 3rd quarter valued at $25,000. Blueline Advisors LLC bought a new position in GE Aerospace in the 4th quarter valued at $25,000. Abich Financial Wealth Management LLC bought a new position in GE Aerospace in the 3rd quarter valued at $32,000. Tucker Asset Management LLC bought a new position in GE Aerospace in the 4th quarter valued at $32,000. Finally, Redmont Wealth Advisors LLC bought a new position in GE Aerospace in the 3rd quarter valued at $36,000. Institutional investors own 74.77% of the company’s stock.
Analysts Set New Price Targets
GE has been the subject of a number of recent analyst reports. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Daiwa Securities Group started coverage on GE Aerospace in a research note on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Seaport Research Partners initiated coverage on GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target on the stock. Citigroup dropped their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a report on Wednesday, May 20th. 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 given a Sell rating to the stock. According to data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and an average target price of $348.22.
GE Aerospace Stock Performance
Shares of GE opened at $324.41 on Tuesday. The stock’s 50-day simple moving average is $296.32 and its 200 day simple moving average is $305.74. The stock has a market capitalization of $338.47 billion, a price-to-earnings ratio of 39.95, a price-to-earnings-growth ratio of 3.00 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 $348.48.
GE Aerospace (NYSE:GE – Get Free Report) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (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 analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts forecast that GE Aerospace will post 7.47 EPS 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.
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