Axxcess Wealth Management LLC Has $31.55 Million Stake in GE Aerospace $GE

Axxcess Wealth Management LLC boosted its stake in GE Aerospace (NYSE:GE) by 470.6% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 102,413 shares of the company’s stock after purchasing an additional 84,465 shares during the period. Axxcess Wealth Management LLC’s holdings in GE Aerospace were worth $31,546,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Ledyard National Bank increased its holdings in GE Aerospace by 1.2% in the third quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock valued at $828,000 after purchasing an additional 33 shares during the period. Hardy Reed LLC increased its holdings in GE Aerospace by 0.7% in the third quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock valued at $1,504,000 after purchasing an additional 33 shares during the period. Wolff Wiese Magana LLC grew its holdings in GE Aerospace by 1.0% during the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after acquiring an additional 33 shares during the period. Montz Harcus Wealth Management LLC grew its holdings in GE Aerospace by 3.6% during the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after acquiring an additional 33 shares during the period. Finally, Darwin Wealth Management LLC grew its holdings in GE Aerospace by 2.0% during the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after acquiring an additional 33 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

GE has been the subject of a number of recent analyst reports. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a report on Thursday, January 22nd. Wells Fargo & Company initiated coverage on GE Aerospace in a report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company. Citigroup decreased their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. TD Cowen decreased their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $348.22.

Key Headlines Impacting GE Aerospace

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

• Positive Sentiment: GE Aerospace won new support contracts tied to the U.S. Navy and U.K. Apache engine programs, reinforcing its defense revenue pipeline and highlighting continued demand for its engine services. GE Aerospace wins Navy, U.K. Apache engine support contracts
• Positive Sentiment: GE continues to benefit from strength in its Defense & Propulsion business, with rising military contracts and broader defense spending supporting growth momentum. GE Gains From Strength in Defense & Propulsion Unit: Can It Sustain?
• Positive Sentiment: The company completed design studies of a hypersonic ramjet and said it used generative AI to speed up engine design, signaling potential long-term upside from advanced aerospace R&D and innovation leadership. Press Release: GE completes design studies of hypersonic ramjet
• Neutral Sentiment: GE tests RISE technology blades for dust ingestion on Leap engines, an incremental development that supports its future product line but is not an immediate earnings driver. GE Tests RISE Technology Blades For Dust Ingestion On Leap
• Neutral Sentiment: Analyst and comparison pieces on GE versus RTX and post-earnings performance mainly reflect valuation debate and expectations rather than a new fundamental catalyst. GE vs. RTX: Which Aerospace & Defense Stock has Better Prospects?
• Negative Sentiment: Some coverage suggests RTX may have an edge over GE in the aerospace and defense race due to stronger demand, a larger backlog, and a cheaper valuation, which could temper enthusiasm for GE relative to peers. GE vs. RTX: Which Aerospace & Defense Stock has Better Prospects?

GE Aerospace Price Performance

GE stock opened at $302.03 on Friday. The stock has a market capitalization of $315.12 billion, a PE ratio of 37.20, a price-to-earnings-growth ratio of 2.79 and a beta of 1.36. The company’s 50-day moving average is $294.81 and its 200-day moving average is $305.37. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. GE Aerospace has a 1 year low of $228.01 and a 1 year high of $348.48.

GE Aerospace (NYSE:GE) last released 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 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%. The business’s revenue was up 24.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts expect that GE Aerospace will post 7.46 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.