Settian Capital LP Makes New Investment in GE Aerospace $GE

Settian Capital LP bought a new position in GE Aerospace (NYSE:GE) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 3,000 shares of the company’s stock, valued at approximately $924,000. GE Aerospace comprises about 0.6% of Settian Capital LP’s investment portfolio, making the stock its 22nd largest position.

Other institutional investors and hedge funds have also bought and sold shares of the company. REAP Financial Group LLC purchased a new position in GE Aerospace in the third quarter worth about $25,000. Marquette Asset Management LLC purchased a new position in GE Aerospace in the third quarter worth about $26,000. Abich Financial Wealth Management LLC purchased a new position in GE Aerospace in the third quarter worth about $32,000. Redmont Wealth Advisors LLC purchased a new position in GE Aerospace in the third quarter worth about $36,000. Finally, Strengthening Families & Communities LLC purchased a new position in GE Aerospace in the third quarter worth about $38,000. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace Trading Up 1.3%

Shares of NYSE:GE opened at $301.00 on Tuesday. The stock has a 50 day moving average of $301.25 and a 200 day moving average of $306.26. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12-month low of $211.15 and a 12-month high of $348.48. The company has a market cap of $314.04 billion, a PE ratio of 37.07, a price-to-earnings-growth ratio of 2.76 and a beta of 1.36.

GE Aerospace (NYSE:GE) last posted its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the previous year, the firm earned $1.49 EPS. The firm’s revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts expect that GE Aerospace will post 7.46 EPS for the current year.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on GE shares. TD Cowen cut their price objective 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. Susquehanna reiterated a “positive” rating and set a $380.00 price objective on shares of GE Aerospace in a research note on Thursday, January 15th. Wells Fargo & Company started coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price objective for the company. Daiwa Securities Group started coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a $355.00 price objective on shares of GE Aerospace in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $349.89.

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.