Prospera Financial Services Inc Has $14.13 Million Holdings in GE Aerospace $GE

Prospera Financial Services Inc lessened its holdings in GE Aerospace (NYSE:GE) by 3.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 45,861 shares of the company’s stock after selling 1,845 shares during the period. Prospera Financial Services Inc’s holdings in GE Aerospace were worth $14,131,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in GE. Phoenix Financial Ltd. increased its stake in GE Aerospace by 34.3% in the 3rd quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock valued at $6,808,000 after buying an additional 5,775 shares during the last quarter. Integrity Financial Corp WA purchased a new stake in GE Aerospace in the 3rd quarter valued at about $481,000. Prime Capital Investment Advisors LLC increased its stake in GE Aerospace by 23.6% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock valued at $15,373,000 after buying an additional 9,750 shares during the last quarter. HORAN Wealth LLC increased its stake in GE Aerospace by 667.0% in the 3rd quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock valued at $3,066,000 after buying an additional 8,865 shares during the last quarter. Finally, Allworth Financial LP increased its stake in GE Aerospace by 7.6% in the 4th quarter. Allworth Financial LP now owns 76,867 shares of the company’s stock valued at $23,677,000 after buying an additional 5,434 shares during the last quarter. Institutional investors and hedge funds own 74.77% of the company’s stock.

Analysts Set New Price Targets

GE has been the subject of several analyst reports. Royal Bank Of Canada reiterated an “outperform” rating and issued a $355.00 price objective on shares of GE Aerospace in a research note on Wednesday. Jefferies Financial Group set a $365.00 price objective on shares of GE Aerospace in a research note on Sunday, April 26th. Citigroup decreased their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a research note on Wednesday, April 1st. Wall Street Zen lowered shares of GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Finally, 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. One equities research 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 assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $348.22.

GE Aerospace Trading Up 0.1%

Shares of GE stock opened at $302.13 on Friday. The company has a 50 day moving average of $294.35 and a 200-day moving average of $305.35. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12-month low of $228.01 and a 12-month high of $348.48. The firm has a market cap of $315.22 billion, a P/E ratio of 37.21, a PEG ratio of 2.81 and a beta of 1.36.

GE Aerospace (NYSE:GE) last issued its quarterly 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. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The company had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. During the same quarter last year, the business posted $1.49 EPS. GE Aerospace’s quarterly revenue 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. Sell-side analysts anticipate that GE Aerospace will post 7.46 earnings per share 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.