Wealthquest Corp Makes New $1.60 Million Investment in GE Aerospace $GE

Wealthquest Corp acquired a new position in shares of GE Aerospace (NYSE:GE) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 5,206 shares of the company’s stock, valued at approximately $1,604,000.

Other large investors have also recently bought and sold shares of the company. REAP Financial Group LLC acquired a new stake in GE Aerospace during the third quarter worth about $25,000. Tucker Asset Management LLC acquired a new stake in GE Aerospace during the fourth quarter worth about $32,000. Abich Financial Wealth Management LLC acquired a new stake in GE Aerospace during the third quarter worth about $32,000. Redmont Wealth Advisors LLC acquired a new stake in GE Aerospace during the third quarter worth about $36,000. Finally, Strengthening Families & Communities LLC acquired a new stake in GE Aerospace during the third quarter worth about $38,000. 74.77% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on GE shares. UBS Group dropped their target price on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a report on Wednesday, April 22nd. JPMorgan Chase & Co. increased their target price on shares of GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Citigroup dropped their target price on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Jefferies Financial Group set a $365.00 target price on shares of GE Aerospace in a report on Sunday, April 26th. Finally, Sanford C. Bernstein increased their target price on shares of GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. One investment 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 given a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $348.22.

GE Aerospace Stock Down 0.2%

Shares of NYSE GE opened at $302.13 on Monday. The company has a 50 day simple moving average of $294.35 and a 200 day simple moving average of $305.33. The firm has a market cap of $315.22 billion, a PE ratio of 37.21, a price-to-earnings-growth ratio of 2.81 and a beta of 1.36. GE Aerospace has a 1 year low of $228.01 and a 1 year high of $348.48. 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 (NYSE:GE) last issued its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The business had revenue of $11.61 billion during the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a net margin of 17.86% and a return on equity of 37.99%. The firm’s quarterly revenue was up 24.6% on a year-over-year basis. During the same quarter last year, the business earned $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, research analysts forecast that GE Aerospace will post 7.46 EPS for the current 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.