GE Aerospace $GE Shares Sold by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC lessened its holdings in shares of GE Aerospace (NYSE:GE) by 16.9% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 14,155 shares of the company’s stock after selling 2,869 shares during the quarter. Knights of Columbus Asset Advisors LLC’s holdings in GE Aerospace were worth $4,360,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. REAP Financial Group LLC acquired a new stake in GE Aerospace during the 3rd quarter worth approximately $25,000. Abich Financial Wealth Management LLC purchased a new position in GE Aerospace in the 3rd quarter worth approximately $32,000. Tucker Asset Management LLC purchased a new position in GE Aerospace in the 4th quarter worth approximately $32,000. Redmont Wealth Advisors LLC purchased a new position in GE Aerospace in the 3rd quarter worth approximately $36,000. Finally, Strengthening Families & Communities LLC purchased a new position in GE Aerospace in the 3rd quarter worth approximately $38,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

Analyst Upgrades and Downgrades

GE has been the subject of a number of analyst reports. President Capital decreased their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. Sanford C. Bernstein upped their price target on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. 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. Wells Fargo & Company initiated coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target for the company. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, GE Aerospace has a consensus rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace Stock Performance

GE Aerospace stock opened at $317.73 on Thursday. The stock has a market cap of $331.50 billion, a P/E ratio of 39.13, a price-to-earnings-growth ratio of 2.92 and a beta of 1.36. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The stock has a 50 day moving average of $294.84 and a 200-day moving average of $305.47. GE Aerospace has a 52 week low of $232.24 and a 52 week high of $348.48.

GE Aerospace (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. The company had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, 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.