Leonteq Securities AG Invests $3 Million in GE Aerospace $GE

Leonteq Securities AG acquired a new position in shares of GE Aerospace (NYSE:GEFree Report) in the 4th quarter, HoldingsChannel.com reports. The fund acquired 9,749 shares of the company’s stock, valued at approximately $3,003,000.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. ABN Amro Investment Solutions acquired a new position in shares of GE Aerospace during the fourth quarter worth approximately $11,818,000. Rathbones Group PLC boosted its position in shares of GE Aerospace by 1.1% during the fourth quarter. Rathbones Group PLC now owns 159,906 shares of the company’s stock worth $49,256,000 after buying an additional 1,759 shares during the period. IFP Advisors Inc boosted its position in shares of GE Aerospace by 11.9% during the fourth quarter. IFP Advisors Inc now owns 16,189 shares of the company’s stock worth $4,987,000 after buying an additional 1,721 shares during the period. RPS Advisory Solutions LLC boosted its position in shares of GE Aerospace by 4.0% during the fourth quarter. RPS Advisory Solutions LLC now owns 1,810 shares of the company’s stock worth $558,000 after buying an additional 70 shares during the period. Finally, Brown Wealth Management LLC acquired a new position in shares of GE Aerospace during the fourth quarter worth approximately $206,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace News Roundup

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

Wall Street Analysts Forecast Growth

GE has been the subject of several analyst reports. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. UBS Group reduced their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Morgan Stanley cut their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. Finally, Jefferies Financial Group set a $365.00 target price on GE Aerospace in a research report on Sunday, April 26th. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $348.22.

View Our Latest Stock Report on GE Aerospace

GE Aerospace Stock Performance

GE opened at $300.11 on Thursday. The company has a market capitalization of $313.11 billion, a price-to-earnings ratio of 36.96, a price-to-earnings-growth ratio of 2.65 and a beta of 1.36. 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. The business has a 50 day moving average price of $295.31 and a two-hundred day moving average price of $305.42.

GE Aerospace (NYSE:GEGet Free Report) last released its 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. The firm had revenue of $11.61 billion during the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm’s revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace 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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