Cynosure Group LLC Reduces Holdings in GE Aerospace $GE

Cynosure Group LLC trimmed its stake in GE Aerospace (NYSE:GE) by 35.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 35,395 shares of the company’s stock after selling 19,033 shares during the period. GE Aerospace accounts for about 0.5% of Cynosure Group LLC’s investment portfolio, making the stock its 20th biggest holding. Cynosure Group LLC’s holdings in GE Aerospace were worth $10,903,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Blueline Advisors LLC purchased a new stake in shares of GE Aerospace in the 4th quarter worth about $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace in the 4th quarter worth about $31,000. Abich Financial Wealth Management LLC purchased a new stake in shares of GE Aerospace in the 3rd quarter worth about $32,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the 4th quarter worth about $32,000. Finally, Redmont Wealth Advisors LLC bought a new position in shares of GE Aerospace in the 3rd quarter worth about $36,000. 74.77% of the stock is owned by hedge funds and other institutional investors.

GE Aerospace Stock Up 2.1%

Shares of GE Aerospace stock opened at $342.40 on Tuesday. The firm has a market cap of $357.24 billion, a price-to-earnings ratio of 42.17, a PEG ratio of 2.97 and a beta of 1.37. The company has a debt-to-equity ratio of 0.99, a current ratio of 1.01 and a quick ratio of 0.70. GE Aerospace has a 1 year low of $232.24 and a 1 year high of $348.90. The company has a 50-day moving average of $304.50 and a 200 day moving average of $307.80.

GE Aerospace (NYSE:GE) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping 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 revenue for the quarter was up 24.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts anticipate that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GE. Seaport Research Partners began coverage on shares of GE Aerospace in a research note on Tuesday, May 26th. They issued a “buy” rating and a $375.00 price target for the company. UBS Group decreased their price target 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. Wells Fargo & Company began coverage on shares of GE Aerospace in a research note on Wednesday, April 1st. They issued an “overweight” rating and a $325.00 price target for the company. BNP Paribas Exane decreased their price target on shares of GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Finally, President Capital decreased their price target on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. 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 data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $348.22.

About GE Aerospace

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.