Stenger Family Office LLC Increases Stake in GE Aerospace $GE

Stenger Family Office LLC increased its stake in GE Aerospace (NYSE:GE) by 49.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 12,909 shares of the company’s stock after acquiring an additional 4,255 shares during the period. Stenger Family Office LLC’s holdings in GE Aerospace were worth $3,976,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the stock. Blueline Advisors LLC purchased a new position in GE Aerospace during the fourth quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace during the 4th quarter valued at $31,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace during the 4th quarter valued at $32,000. Redmont Wealth Advisors LLC acquired a new stake in shares of GE Aerospace during the 3rd quarter worth $36,000. Finally, Beaird Harris Wealth Management LLC increased its holdings in shares of GE Aerospace by 72.0% during the 3rd quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock worth $42,000 after buying an additional 59 shares during the last quarter. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

GE Aerospace Stock Performance

Shares of GE stock opened at $358.77 on Friday. The company’s fifty day simple moving average is $309.71 and its 200-day simple moving average is $309.38. GE Aerospace has a 52 week low of $236.51 and a 52 week high of $364.70. 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 company has a market cap of $374.32 billion, a PE ratio of 44.18, a P/E/G ratio of 3.17 and a beta of 1.37.

GE Aerospace (NYSE:GE) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same period in the prior year, the company earned $1.49 EPS. The firm’s revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities research analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on the company. Morgan Stanley reduced their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. President Capital lowered their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. 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 target for the company. UBS Group cut their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. Finally, Jefferies Financial Group reaffirmed a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has issued 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 an average target price of $348.22.

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.