Quadrant Capital Group LLC Buys 2,288 Shares of GE Aerospace $GE

Quadrant Capital Group LLC grew its stake in GE Aerospace (NYSE:GEFree Report) by 7.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 31,348 shares of the company’s stock after purchasing an additional 2,288 shares during the period. Quadrant Capital Group LLC’s holdings in GE Aerospace were worth $9,656,000 at the end of the most recent reporting period.

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

GE Aerospace Trading Up 0.6%

Shares of NYSE GE opened at $334.89 on Friday. 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 business has a fifty day simple moving average of $303.27 and a two-hundred day simple moving average of $307.36. The firm has a market cap of $349.40 billion, a PE ratio of 41.24, a price-to-earnings-growth ratio of 2.95 and a beta of 1.37. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.GE Aerospace’s revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace News Roundup

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

Analyst Upgrades and Downgrades

GE has been the subject of several analyst reports. Seaport Research Partners initiated coverage on GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price objective for the company. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 1st. Wells Fargo & Company initiated coverage on GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target for the company. Daiwa Securities Group initiated coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price target for the company. Finally, Morgan Stanley decreased their price target on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research note on Wednesday, April 22nd. One investment 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 given a Sell rating to the company’s stock. According to data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus price target of $348.22.

View Our Latest Report on GE Aerospace

About GE Aerospace

(Free Report)

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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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