Lombard Odier Asset Management Switzerland SA Makes New $868,000 Investment in GE Aerospace $GE

Lombard Odier Asset Management Switzerland SA purchased a new stake in GE Aerospace (NYSE:GEFree Report) in the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 3,058 shares of the company’s stock, valued at approximately $868,000.

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

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the company. Royal Bank Of Canada reissued an “outperform” rating and issued a $400.00 price target (up from $355.00) on shares of GE Aerospace in a research note on Wednesday, July 15th. BNP Paribas Exane reduced their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a report on Thursday, May 14th. Daiwa Securities Group started coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They set a “neutral” rating and a $301.00 target price for the company. The Goldman Sachs Group restated a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Finally, TD Cowen restated a “buy” rating and issued a $380.00 price target (up from $330.00) on shares of GE Aerospace in a research report on Monday, July 13th. Sixteen research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and a consensus target price of $390.59.

Get Our Latest Stock Analysis on GE

GE Aerospace Stock Performance

GE stock opened at $361.79 on Tuesday. The stock has a 50-day moving average price of $343.02 and a 200-day moving average price of $319.88. GE Aerospace has a 1-year low of $261.71 and a 1-year high of $382.97. The company has a current ratio of 0.98, a quick ratio of 0.67 and a debt-to-equity ratio of 0.96. The firm has a market cap of $375.37 billion, a PE ratio of 42.61, a price-to-earnings-growth ratio of 2.70 and a beta of 1.35.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.86 by $0.16. GE Aerospace had a return on equity of 40.56% and a net margin of 17.72%.The company had revenue of $12.63 billion for the quarter, compared to the consensus estimate of $11.87 billion. During the same period in the previous year, the business earned $1.66 EPS. The firm’s revenue was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. As a group, equities research analysts expect that GE Aerospace will post 7.91 earnings per share for the current year.

GE Aerospace Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, July 27th. Shareholders of record on Monday, July 6th were paid a $0.47 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $1.88 annualized dividend and a yield of 0.5%. GE Aerospace’s payout ratio is 22.14%.

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.

See Also

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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