XML Financial LLC Increases Holdings in GE Aerospace $GE

XML Financial LLC raised its stake in shares of GE Aerospace (NYSE:GEFree Report) by 28.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 7,452 shares of the company’s stock after buying an additional 1,668 shares during the quarter. XML Financial LLC’s holdings in GE Aerospace were worth $2,295,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. REAP Financial Group LLC purchased a new position in GE Aerospace during the third quarter valued at $25,000. Blueline Advisors LLC purchased a new position in GE Aerospace during the fourth quarter valued at $25,000. Tucker Asset Management LLC purchased a new position in GE Aerospace during the fourth quarter valued at $32,000. Abich Financial Wealth Management LLC purchased a new position in GE Aerospace during the third quarter valued at $32,000. Finally, Redmont Wealth Advisors LLC purchased a new position in GE Aerospace during the third quarter valued at $36,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Price Performance

Shares of GE Aerospace stock opened at $328.69 on Friday. The stock’s 50-day simple moving average is $298.84 and its 200-day simple moving average is $306.22. GE Aerospace has a 52 week low of $232.24 and a 52 week high of $348.48. The company has a market capitalization of $342.93 billion, a price-to-earnings ratio of 40.48, a PEG ratio of 2.91 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 (NYSE:GEGet Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the previous year, the business earned $1.49 earnings per share. The business’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have commented on GE shares. Wells Fargo & Company started coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 target price for the company. TD Cowen reduced their target price on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. Daiwa Securities Group started coverage on GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 target price for the company. Finally, Wall Street Zen lowered GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $348.22.

Check Out Our Latest Analysis on GE

Key Headlines Impacting GE Aerospace

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

GE Aerospace Profile

(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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