Matthew Goff Investment Advisor LLC Buys New Position in GE Aerospace $GE

Matthew Goff Investment Advisor LLC purchased a new stake in GE Aerospace (NYSE:GE) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 36,120 shares of the company’s stock, valued at approximately $10,250,000. GE Aerospace comprises 1.7% of Matthew Goff Investment Advisor LLC’s holdings, making the stock its 19th biggest holding.

Several other institutional investors have also added to or reduced their stakes in GE. Blueline Advisors LLC acquired a new position in shares of GE Aerospace during the fourth quarter valued at about $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace in the 4th quarter valued at approximately $31,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace in the 4th quarter valued at approximately $32,000. Lifetime Wealth Management P.C. acquired a new stake in GE Aerospace in the 4th quarter worth approximately $40,000. Finally, Legacy Bridge LLC boosted its stake in GE Aerospace by 3,375.0% in the 4th quarter. Legacy Bridge LLC now owns 139 shares of the company’s stock worth $43,000 after purchasing an additional 135 shares in the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have issued reports on GE shares. Jefferies Financial Group restated a “buy” rating on shares of GE Aerospace in a research note on Wednesday, May 27th. 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 note on Wednesday, April 22nd. TD Cowen dropped their price objective on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a report on Wednesday, April 8th. President Capital cut their target price 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. Finally, Citigroup reduced their target price on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, GE Aerospace presently has an average rating of “Moderate Buy” and an average price target of $348.22.

GE Aerospace Price Performance

Shares of NYSE:GE opened at $356.34 on Tuesday. GE Aerospace has a twelve month low of $238.62 and a twelve month high of $364.70. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The company has a market cap of $371.78 billion, a PE ratio of 43.88, a price-to-earnings-growth ratio of 3.17 and a beta of 1.37. The company’s 50 day moving average is $310.58 and its 200 day moving average is $310.00.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The business’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.49 EPS. 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 EPS for the current year.

GE Aerospace Profile

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.