Milestones Administradora de Recursos Ltda. Sells 27,100 Shares of GE Aerospace $GE

Milestones Administradora de Recursos Ltda. trimmed its stake in shares of GE Aerospace (NYSE:GEFree Report) by 18.5% during the fourth quarter, Holdings Channel reports. The firm owned 119,625 shares of the company’s stock after selling 27,100 shares during the period. GE Aerospace comprises about 12.2% of Milestones Administradora de Recursos Ltda.’s holdings, making the stock its 4th largest position. Milestones Administradora de Recursos Ltda.’s holdings in GE Aerospace were worth $36,848,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in GE. Integrity Financial Corp WA acquired a new stake in GE Aerospace in the 3rd quarter valued at approximately $481,000. Prime Capital Investment Advisors LLC increased its position in GE Aerospace by 23.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock valued at $15,373,000 after acquiring an additional 9,750 shares during the period. HORAN Wealth LLC increased its position in GE Aerospace by 667.0% in the 3rd quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock valued at $3,066,000 after acquiring an additional 8,865 shares during the period. Prospera Financial Services Inc increased its position in GE Aerospace by 18.1% in the 3rd quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock valued at $14,354,000 after acquiring an additional 7,315 shares during the period. Finally, Allworth Financial LP increased its position in GE Aerospace by 7.6% in the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after acquiring an additional 5,434 shares during the period. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts recently commented on the company. Citigroup lowered their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Zacks Research cut GE Aerospace from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, March 24th. UBS Group lowered 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. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research report on Monday, April 27th. Finally, Wells Fargo & Company began coverage on GE Aerospace in a research report on Wednesday, April 1st. They set an “overweight” rating and a $325.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

Check Out Our Latest Stock Analysis on GE

GE Aerospace Stock Up 0.8%

Shares of GE stock opened at $323.45 on Friday. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.48. The stock has a market cap of $337.46 billion, a PE ratio of 39.83, a price-to-earnings-growth ratio of 2.98 and a beta of 1.36. The business’s fifty day moving average is $295.66 and its 200-day moving average is $305.69. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) 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 analysts’ expectations of $11.61 billion. During the same period last year, the firm earned $1.49 EPS. The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts expect that GE Aerospace will post 7.47 earnings per share for the current fiscal year.

GE Aerospace News Roundup

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

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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