GE Aerospace $GE Shares Bought by Syon Capital LLC

Syon Capital LLC boosted its stake in shares of GE Aerospace (NYSE:GEFree Report) by 19.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 14,965 shares of the company’s stock after purchasing an additional 2,458 shares during the quarter. Syon Capital LLC’s holdings in GE Aerospace were worth $4,610,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in GE. REAP Financial Group LLC acquired a new position in GE Aerospace during the third quarter worth about $25,000. Blueline Advisors LLC acquired a new position in GE Aerospace during the fourth quarter worth about $25,000. Abich Financial Wealth Management LLC acquired a new position in GE Aerospace during the third quarter worth about $32,000. Tucker Asset Management LLC acquired a new position in GE Aerospace during the fourth quarter worth about $32,000. Finally, Redmont Wealth Advisors LLC acquired a new position in GE Aerospace during the third quarter worth about $36,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

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GE Aerospace Stock Up 0.3%

Shares of NYSE GE opened at $328.69 on Friday. 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 company has a market capitalization of $342.93 billion, a PE ratio of 40.48, a price-to-earnings-growth ratio of 2.91 and a beta of 1.37. The firm’s 50-day moving average is $298.84 and its two-hundred day moving average is $306.22. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48.

GE Aerospace (NYSE:GEGet Free Report) last announced its quarterly earnings data 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. The business had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities analysts anticipate that GE Aerospace will post 7.48 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts have issued reports on the stock. Daiwa Securities Group assumed coverage on shares of GE Aerospace in a report on Tuesday, March 31st. They issued a “neutral” rating and a $301.00 price target on the stock. Citigroup reduced their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a report on Wednesday, April 1st. Morgan Stanley reduced their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a report on Wednesday, April 22nd. Wells Fargo & Company assumed coverage on shares of GE Aerospace in a report on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target on the stock. Finally, UBS Group reduced their price target on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $348.22.

Read Our Latest Report on GE

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.

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

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