SG Trading Solutions LLC Acquires New Stake in GE Aerospace $GE

SG Trading Solutions LLC acquired a new stake in GE Aerospace (NYSE:GEFree Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,296 shares of the company’s stock, valued at approximately $1,939,000.

Other large investors also recently bought and sold shares of the company. High Falls Advisors Inc increased its stake in shares of GE Aerospace by 3.0% during the fourth quarter. High Falls Advisors Inc now owns 1,069 shares of the company’s stock worth $329,000 after acquiring an additional 31 shares during the period. Wolff Wiese Magana LLC lifted its position in GE Aerospace by 1.0% in the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC boosted its holdings in GE Aerospace by 3.6% in the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after purchasing an additional 33 shares in the last quarter. Darwin Wealth Management LLC boosted its holdings in GE Aerospace by 2.0% in the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after purchasing an additional 33 shares in the last quarter. Finally, LRI Investments LLC boosted its holdings in GE Aerospace by 1.4% in the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after purchasing an additional 33 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. BNP Paribas Exane cut their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Sanford C. Bernstein lifted their price target on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research note on Tuesday, March 3rd. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. 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 report on Wednesday, April 8th. Finally, Morgan Stanley reduced their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a report on Wednesday, April 22nd. One investment 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 given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

Read Our Latest Analysis on GE

GE Aerospace Stock Up 0.5%

GE stock opened at $358.77 on Friday. 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 12 month low of $236.51 and a 12 month high of $364.70. The firm has a market capitalization of $374.32 billion, a PE ratio of 44.18, a P/E/G ratio of 3.16 and a beta of 1.37. The company’s 50 day simple moving average is $308.70 and its 200-day simple moving average is $309.03.

GE Aerospace (NYSE:GEGet Free Report) last announced its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion for 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%.GE Aerospace’s quarterly 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 analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace Company Profile

(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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