GE Aerospace $GE Shares Acquired by Bluegrass Capital Partners LP

Bluegrass Capital Partners LP grew its holdings in GE Aerospace (NYSE:GE) by 6.9% in the 4th quarter, Holdings Channel.com reports. The fund owned 77,000 shares of the company’s stock after buying an additional 5,000 shares during the period. GE Aerospace makes up 14.2% of Bluegrass Capital Partners LP’s holdings, making the stock its 2nd biggest holding. Bluegrass Capital Partners LP’s holdings in GE Aerospace were worth $23,718,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. REAP Financial Group LLC acquired a new stake in shares of GE Aerospace during the third quarter worth about $25,000. Abich Financial Wealth Management LLC acquired a new stake in shares of GE Aerospace during the third quarter worth about $32,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace during the fourth quarter worth about $32,000. Redmont Wealth Advisors LLC acquired a new position in GE Aerospace in the third quarter valued at approximately $36,000. Finally, Strengthening Families & Communities LLC acquired a new position in GE Aerospace in the third quarter valued at approximately $38,000. Institutional investors and hedge funds own 74.77% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on GE shares. Wall Street Zen downgraded GE Aerospace from a “buy” rating to a “hold” rating in a report on Monday, April 27th. Zacks Research downgraded GE Aerospace from a “strong-buy” rating to a “hold” rating in a report on Tuesday, March 24th. Sanford C. Bernstein boosted their price target on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. Citigroup decreased their price target on GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, JPMorgan Chase & Co. boosted their price target on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, January 26th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and a consensus price target of $348.22.

GE Aerospace Stock Up 0.1%

Shares of GE opened at $302.13 on Friday. 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 $228.01 and a one year high of $348.48. The stock has a market capitalization of $315.22 billion, a price-to-earnings ratio of 37.21, a PEG ratio of 2.80 and a beta of 1.36. The stock has a 50 day moving average price of $294.35 and a 200 day moving average price of $305.35.

GE Aerospace (NYSE:GE) 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. The firm had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm’s revenue for the quarter was up 24.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Equities research analysts forecast that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

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.