TMB Capital Partners LLC Purchases Shares of 2,108 GE Aerospace $GE

TMB Capital Partners LLC acquired a new position in GE Aerospace (NYSE:GE) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 2,108 shares of the company’s stock, valued at approximately $649,000.

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

Wall Street Analysts Forecast Growth

GE has been the subject of a number of analyst reports. Daiwa Securities Group started coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. Citigroup lowered their target price on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Royal Bank Of Canada reissued an “outperform” rating and issued a $355.00 price target on shares of GE Aerospace in a research report on Wednesday, May 20th. Morgan Stanley decreased their price objective on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Finally, President Capital lowered their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. 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 company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Stock Performance

Shares of NYSE:GE opened at $358.77 on Friday. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. The firm has a market cap of $374.32 billion, a PE ratio of 44.18, a price-to-earnings-growth ratio of 3.16 and a beta of 1.37. GE Aerospace has a twelve month low of $236.51 and a twelve month high of $364.70. The business has a fifty day moving average of $308.70 and a 200-day moving average of $309.03.

GE Aerospace (NYSE:GE) last announced its earnings results 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 net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period in the prior year, the business earned $1.49 earnings per share. GE Aerospace’s quarterly 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. On average, equities research analysts predict that GE Aerospace will post 7.48 EPS for the current fiscal year.

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.