GE Aerospace $GE Stock Holdings Raised by Ritholtz Wealth Management

Ritholtz Wealth Management grew its stake in GE Aerospace (NYSE:GE) by 7.4% during the first quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,144 shares of the company’s stock after purchasing an additional 1,862 shares during the quarter. Ritholtz Wealth Management’s holdings in GE Aerospace were worth $7,703,000 as of its most recent filing with the SEC.

Other large investors have also modified their holdings of the company. Blueline Advisors LLC bought a new stake in GE Aerospace in the fourth quarter valued at about $25,000. Ankerstar Wealth LLC bought a new position in GE Aerospace during the 4th quarter worth approximately $31,000. Tucker Asset Management LLC bought a new position in GE Aerospace during the 4th quarter worth approximately $32,000. Lifetime Wealth Management P.C. acquired a new position in shares of GE Aerospace in the 4th quarter worth approximately $40,000. Finally, Beaird Harris Wealth Management LLC grew its position 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 worth $42,000 after acquiring an additional 59 shares in the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Performance

Shares of GE stock opened at $364.83 on Thursday. The company has a market cap of $380.64 billion, a P/E ratio of 44.93, a PEG ratio of 3.16 and a beta of 1.37. The business has a 50 day moving average of $312.60 and a two-hundred day moving average of $311.00. GE Aerospace has a 52 week low of $243.34 and a 52 week high of $369.25. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99.

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. The business had revenue of $11.61 billion for the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s quarterly revenue was up 24.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, analysts anticipate that GE Aerospace will post 7.48 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on GE shares. President Capital dropped their price target on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Zacks Research downgraded shares of GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. Wells Fargo & Company started coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They set an “overweight” rating and a $325.00 target price for the company. Finally, Jefferies Financial Group reissued a “buy” rating on shares of GE Aerospace in a report on Wednesday, May 27th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: GE Aerospace remains a trending stock as investors focus on its strong outlook, with recent articles highlighting ongoing interest in the name and confidence in the company’s underlying business momentum. Article Title
• Positive Sentiment: GE Aerospace has continued to benefit from strong capital returns to shareholders, including buybacks and dividends, supported by healthy liquidity and cash-flow guidance. Article Title
• Positive Sentiment: GE Aerospace is being viewed as a beneficiary of the broader jet recovery trade, suggesting improving demand conditions in commercial aviation. Article Title
• Neutral Sentiment: GE Aerospace submitted analysis of the AI-171 engine incident to India’s AAIB, with the final report expected in about two months; this keeps the issue in focus but does not yet provide a clear financial impact. Article Title
• Negative Sentiment: Reports that India is exploring alternatives for its AMCA fighter jet program after GE Aerospace’s engine cost reportedly tripled could threaten prospective engine sales and weaken a potential growth opportunity. Article Title
• Negative Sentiment: A similar report from another outlet said the higher F414 engine price is forcing India to rethink its AMCA fighter plans, reinforcing concerns about possible order risk. Article Title

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.