Hilton Head Capital Partners LLC Acquires Shares of 5,163 GE Aerospace $GE

Hilton Head Capital Partners LLC bought a new stake in GE Aerospace (NYSE:GEFree Report) during the 4th quarter, HoldingsChannel reports. The firm bought 5,163 shares of the company’s stock, valued at approximately $1,591,000. GE Aerospace accounts for 0.9% of Hilton Head Capital Partners LLC’s investment portfolio, making the stock its 25th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Fiera Capital Corp increased its stake in GE Aerospace by 37.5% during the 4th quarter. Fiera Capital Corp now owns 1,147 shares of the company’s stock worth $353,000 after buying an additional 313 shares in the last quarter. IMA Advisory Services Inc. lifted its position in shares of GE Aerospace by 26.7% in the fourth quarter. IMA Advisory Services Inc. now owns 185 shares of the company’s stock valued at $57,000 after acquiring an additional 39 shares in the last quarter. Endeavor Private Wealth Inc. boosted its stake in shares of GE Aerospace by 11.5% in the fourth quarter. Endeavor Private Wealth Inc. now owns 1,372 shares of the company’s stock worth $423,000 after acquiring an additional 141 shares during the last quarter. SouthState Bank Corp boosted its stake in shares of GE Aerospace by 94.0% in the fourth quarter. SouthState Bank Corp now owns 16,571 shares of the company’s stock worth $5,104,000 after acquiring an additional 8,029 shares during the last quarter. Finally, Syon Capital LLC increased its position in shares of GE Aerospace by 19.7% during the fourth quarter. Syon Capital LLC now owns 14,965 shares of the company’s stock worth $4,610,000 after purchasing an additional 2,458 shares in the last quarter. Hedge funds and other institutional investors own 74.77% of the company’s stock.

Key Headlines Impacting GE Aerospace

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

GE Aerospace Price Performance

GE stock opened at $328.69 on Monday. GE Aerospace has a 52-week low of $232.24 and a 52-week high of $348.48. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The stock has a market cap of $342.93 billion, a price-to-earnings ratio of 40.48, a price-to-earnings-growth ratio of 2.91 and a beta of 1.37. The business has a fifty day moving average of $298.84 and a two-hundred day moving average of $306.26.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 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 business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same quarter in the prior year, the company posted $1.49 EPS. The company’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. As a group, research analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current year.

Analyst Upgrades and Downgrades

GE has been the topic of a number of research reports. UBS Group decreased their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. BNP Paribas Exane lowered their target price on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating on the stock in a research note on Thursday, May 14th. President Capital lowered their target price on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research note on Wednesday, April 22nd. Wells Fargo & Company began 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 on the stock. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $355.00 target price on shares of GE Aerospace in a research note on Wednesday, May 20th. One equities 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 issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $348.22.

View Our Latest Research Report on GE Aerospace

GE Aerospace Company 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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