6,006 Shares in GE Aerospace $GE Purchased by Blue Jean Financial LLC

Blue Jean Financial LLC bought a new position in shares of GE Aerospace (NYSE:GEFree Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 6,006 shares of the company’s stock, valued at approximately $1,850,000. GE Aerospace makes up approximately 1.5% of Blue Jean Financial LLC’s investment portfolio, making the stock its 22nd biggest position.

A number of other hedge funds have also made changes to their positions in the company. Hardy Reed LLC increased its position in shares of GE Aerospace by 0.7% during the 3rd quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock worth $1,504,000 after purchasing an additional 33 shares in the last quarter. Wolff Wiese Magana LLC increased its position in GE Aerospace by 1.0% in the 4th quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock valued at $1,070,000 after acquiring an additional 33 shares in the last quarter. Montz Harcus Wealth Management LLC increased its position in GE Aerospace by 3.6% in the 4th quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock valued at $292,000 after acquiring an additional 33 shares in the last quarter. Darwin Wealth Management LLC increased its position in GE Aerospace by 2.0% in the 4th quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock valued at $523,000 after acquiring an additional 33 shares in the last quarter. Finally, LRI Investments LLC increased its position in GE Aerospace by 1.4% in the 4th quarter. LRI Investments LLC now owns 2,390 shares of the company’s stock valued at $736,000 after acquiring an additional 33 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analysts Forecast Growth

GE has been the subject of several research reports. President Capital lowered their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. UBS Group lowered their price objective on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Daiwa Securities Group began coverage on shares of GE Aerospace in a research report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price objective for the company. Citigroup lowered their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st. Finally, Seaport Research Partners started coverage on shares of GE Aerospace in a research report on Tuesday, May 26th. They set a “buy” rating and a $375.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $348.22.

View Our Latest Stock Report on GE

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GE Aerospace Stock Up 0.6%

Shares of NYSE:GE opened at $334.89 on Friday. GE Aerospace has a one year low of $232.24 and a one year high of $348.48. The company has a 50 day moving average of $303.27 and a 200-day moving average of $307.36. 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 stock has a market cap of $349.40 billion, a price-to-earnings ratio of 41.24, a P/E/G ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GEGet Free Report) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. During the same quarter in the previous year, the company earned $1.49 EPS. GE Aerospace’s 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. On average, sell-side analysts forecast that GE Aerospace will post 7.48 earnings per share for the current year.

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.

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

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