Harbour Investments Inc. Sells 5,276 Shares of GE Aerospace $GE

Harbour Investments Inc. decreased its position in shares of GE Aerospace (NYSE:GE) by 36.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,271 shares of the company’s stock after selling 5,276 shares during the quarter. Harbour Investments Inc.’s holdings in GE Aerospace were worth $2,856,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of GE. Brighton Jones LLC boosted its stake in GE Aerospace by 25.3% during the 4th quarter. Brighton Jones LLC now owns 12,008 shares of the company’s stock worth $2,003,000 after acquiring an additional 2,421 shares during the last quarter. Revolve Wealth Partners LLC boosted its stake in GE Aerospace by 7.1% during the 4th quarter. Revolve Wealth Partners LLC now owns 2,251 shares of the company’s stock worth $375,000 after acquiring an additional 150 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in GE Aerospace by 4.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 4,337 shares of the company’s stock worth $1,116,000 after acquiring an additional 191 shares during the last quarter. Main Street Financial Solutions LLC boosted its stake in GE Aerospace by 348.6% during the 2nd quarter. Main Street Financial Solutions LLC now owns 5,899 shares of the company’s stock worth $1,518,000 after acquiring an additional 4,584 shares during the last quarter. Finally, HUB Investment Partners LLC boosted its stake in GE Aerospace by 4.2% during the 2nd quarter. HUB Investment Partners LLC now owns 9,035 shares of the company’s stock worth $2,326,000 after acquiring an additional 366 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Price Performance

NYSE GE opened at $317.73 on Thursday. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The firm’s 50 day moving average is $294.84 and its 200-day moving average is $305.47. The company has a market capitalization of $331.50 billion, a PE ratio of 39.13, a price-to-earnings-growth ratio of 2.92 and a beta of 1.36.

GE Aerospace (NYSE:GE) last released its earnings results 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. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period last year, the business earned $1.49 earnings per share. The firm’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. Equities research analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the stock. Daiwa Securities Group began coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective on the stock. TD Cowen dropped their target price on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. Wall Street Zen downgraded shares of GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Zacks Research downgraded 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 target price 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 given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Company 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.