Consolidated Capital Management LLC Has $7.79 Million Stock Holdings in GE Aerospace $GE

Consolidated Capital Management LLC cut its holdings in GE Aerospace (NYSE:GEFree Report) by 7.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 25,301 shares of the company’s stock after selling 2,140 shares during the quarter. GE Aerospace makes up about 2.4% of Consolidated Capital Management LLC’s holdings, making the stock its 17th largest holding. Consolidated Capital Management LLC’s holdings in GE Aerospace were worth $7,794,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also modified their holdings of the business. AXS Investments LLC grew its position in shares of GE Aerospace by 56.0% in the 4th quarter. AXS Investments LLC now owns 2,231 shares of the company’s stock valued at $687,000 after purchasing an additional 801 shares during the period. Essex Financial Services Inc. boosted its position in GE Aerospace by 0.6% during the 4th quarter. Essex Financial Services Inc. now owns 27,955 shares of the company’s stock worth $8,611,000 after acquiring an additional 171 shares during the last quarter. Founders Financial Securities LLC boosted its position in GE Aerospace by 5.4% during the 4th quarter. Founders Financial Securities LLC now owns 4,861 shares of the company’s stock worth $1,497,000 after acquiring an additional 248 shares during the last quarter. MUFG Securities EMEA plc boosted its position in GE Aerospace by 556.4% during the 4th quarter. MUFG Securities EMEA plc now owns 133,243 shares of the company’s stock worth $41,043,000 after acquiring an additional 112,945 shares during the last quarter. Finally, Measured Wealth Private Client Group LLC boosted its position in GE Aerospace by 1,467.5% during the 4th quarter. Measured Wealth Private Client Group LLC now owns 627 shares of the company’s stock worth $193,000 after acquiring an additional 587 shares during the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

GE Aerospace News Summary

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

GE Aerospace Trading Up 0.8%

Shares of GE Aerospace stock opened at $323.45 on Friday. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48. The stock has a market cap of $337.46 billion, a P/E ratio of 39.83, a P/E/G ratio of 3.00 and a beta of 1.36. 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’s 50 day moving average is $295.66 and its 200-day moving average is $305.69.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the prior year, the business posted $1.49 EPS. The business’s revenue was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts predict that GE Aerospace will post 7.47 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. 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 research report on Tuesday, March 3rd. BNP Paribas Exane reduced their price target on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research report on Thursday, May 14th. Citigroup reduced their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. UBS Group reduced their price target 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. Finally, Seaport Research Partners assumed coverage on GE Aerospace in a research report on Tuesday. They set a “buy” rating and a $375.00 price target for the company. One equities 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace currently has an average rating of “Moderate Buy” and an average price target of $348.22.

View Our Latest Report on GE

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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