Lee Johnson Capital Management LLC Has $4.77 Million Stock Holdings in GE Aerospace $GE

Lee Johnson Capital Management LLC lessened its stake in GE Aerospace (NYSE:GE) by 24.7% during the 1st quarter, Holdings Channel reports. The institutional investor owned 16,806 shares of the company’s stock after selling 5,527 shares during the quarter. GE Aerospace makes up 1.7% of Lee Johnson Capital Management LLC’s holdings, making the stock its 15th largest position. Lee Johnson Capital Management LLC’s holdings in GE Aerospace were worth $4,769,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in GE. Blueline Advisors LLC purchased a new position in shares of GE Aerospace during the 4th quarter valued at $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace during the fourth quarter worth $31,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace during the fourth quarter worth $32,000. Lifetime Wealth Management P.C. acquired a new stake in GE Aerospace during the fourth quarter valued at $40,000. Finally, Beaird Harris Wealth Management LLC boosted its position in GE Aerospace by 72.0% during the third quarter. Beaird Harris Wealth Management LLC now owns 141 shares of the company’s stock valued at $42,000 after purchasing an additional 59 shares during the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Trading Up 0.3%

GE Aerospace stock opened at $358.77 on Monday. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. The company has a market capitalization of $374.32 billion, a price-to-earnings ratio of 44.18, a PEG ratio of 3.17 and a beta of 1.37. GE Aerospace has a one year low of $236.51 and a one year high of $364.70. The company’s fifty day moving average price is $309.71 and its two-hundred day moving average price is $309.53.

GE Aerospace (NYSE:GE) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, beating the consensus estimate 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 analyst estimates of $11.61 billion. During the same period last year, the company earned $1.49 earnings per share. 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. On average, analysts forecast that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research analysts have weighed in on GE shares. UBS Group dropped their target price on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Weiss Ratings lowered GE Aerospace from a “buy (b)” rating to a “buy (b-)” rating in a report on Monday, June 1st. Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. Sanford C. Bernstein increased their price objective on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Finally, President Capital cut their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report 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 data from MarketBeat, GE Aerospace currently has a consensus rating of “Moderate Buy” and a consensus price target of $348.22.

About GE Aerospace

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.