McLaughlin Asset Management Inc. Takes Position in GE Aerospace $GE

McLaughlin Asset Management Inc. purchased a new position in shares of GE Aerospace (NYSE:GE) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 3,857 shares of the company’s stock, valued at approximately $1,188,000. GE Aerospace comprises approximately 1.1% of McLaughlin Asset Management Inc.’s holdings, making the stock its 28th biggest position.

Other institutional investors and hedge funds have also made changes to their positions in the company. Wick Capital Partners LLC acquired a new stake in GE Aerospace in the 4th quarter valued at about $880,000. Mcguire Capital Advisors Inc. acquired a new position in GE Aerospace during the fourth quarter worth about $267,000. Van Diest Capital LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at about $299,000. Compound Planning Inc. lifted its holdings in shares of GE Aerospace by 99.5% in the fourth quarter. Compound Planning Inc. now owns 23,811 shares of the company’s stock valued at $7,335,000 after purchasing an additional 11,876 shares in the last quarter. Finally, Claris Financial LLC acquired a new stake in shares of GE Aerospace in the fourth quarter valued at approximately $216,000. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

GE Aerospace Stock Up 0.5%

GE stock opened at $358.77 on Friday. The stock has a market capitalization of $374.32 billion, a P/E ratio of 44.18, a PEG ratio of 3.16 and a beta of 1.37. The company has a debt-to-equity ratio of 0.99, a quick ratio of 0.70 and a current ratio of 1.01. GE Aerospace has a one year low of $236.51 and a one year high of $364.70. The company has a 50 day moving average price of $308.70 and a two-hundred day moving average price of $309.03.

GE Aerospace (NYSE:GE) last issued its quarterly earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping analysts’ consensus estimates of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company 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 business’s revenue for the quarter was up 24.6% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, sell-side analysts expect that GE Aerospace will post 7.48 EPS for the current year.

Analyst Ratings Changes

Several research analysts recently issued reports on the company. Morgan Stanley cut their price objective on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Sanford C. Bernstein raised their price target on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. TD Cowen cut their price target on GE Aerospace from $350.00 to $330.00 and set a “buy” rating for the company in a report on Wednesday, April 8th. Finally, 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 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 assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, GE Aerospace has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Company 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.