LFG Wealth Partners LLC Buys Shares of 2,665 GE Aerospace $GE

LFG Wealth Partners LLC purchased a new position in shares of GE Aerospace (NYSE:GE) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 2,665 shares of the company’s stock, valued at approximately $821,000.

Several other institutional investors and hedge funds have also modified their holdings of the business. Blueline Advisors LLC acquired a new position in GE Aerospace during the fourth quarter worth about $25,000. Ankerstar Wealth LLC acquired a new stake in shares of GE Aerospace in the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC bought a new stake in shares of GE Aerospace during the 4th quarter valued at approximately $32,000. Abich Financial Wealth Management LLC bought a new stake in shares of GE Aerospace during the 3rd quarter valued at approximately $32,000. Finally, Redmont Wealth Advisors LLC acquired a new position in GE Aerospace during the 3rd quarter worth approximately $36,000. 74.77% of the stock is currently owned by institutional investors.

GE Aerospace Price Performance

GE stock opened at $342.40 on Tuesday. The company has a market capitalization of $357.24 billion, a P/E ratio of 42.17, a PEG ratio of 2.97 and a beta of 1.37. The company has a fifty day moving average price of $304.50 and a 200-day moving average price of $307.80. 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.

GE Aerospace (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. GE Aerospace’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 expect that GE Aerospace will post 7.48 EPS for the current year.

Analyst Ratings Changes

GE has been the topic of a number of research analyst reports. Morgan Stanley cut their target price on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report on Wednesday, April 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a report on Wednesday, May 20th. TD Cowen dropped their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a research note on Wednesday, April 8th. Sanford C. Bernstein raised their price objective on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Finally, Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research report on Monday, June 1st. 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 issued a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace has a consensus 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.