Total Wealth Planning & Management Inc. Takes Position in GE Aerospace $GE

Total Wealth Planning & Management Inc. acquired a new stake in GE Aerospace (NYSE:GEFree Report) during the 4th quarter, Holdings Channel.com reports. The firm acquired 2,253 shares of the company’s stock, valued at approximately $694,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. REAP Financial Group LLC purchased a new stake in shares of GE Aerospace in the third quarter valued at $25,000. Blueline Advisors LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at $25,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace in the fourth quarter valued at $32,000. Abich Financial Wealth Management LLC purchased a new stake in shares of GE Aerospace in the third quarter valued at $32,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of GE Aerospace in the third quarter valued at $36,000. 74.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting GE Aerospace

Here are the key news stories impacting GE Aerospace this week:

Analyst Ratings Changes

Several brokerages have recently issued reports on GE. UBS Group reduced their price objective on GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. TD Cowen reduced their price objective on GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Sanford C. Bernstein upped their price objective on GE Aerospace from $374.00 to $405.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. President Capital reduced their price objective on GE Aerospace from $355.00 to $342.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Finally, Morgan Stanley reduced their target price on GE Aerospace from $425.00 to $400.00 and set an “overweight” rating on the stock in a research report 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 given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $348.22.

Check Out Our Latest Analysis on GE Aerospace

GE Aerospace Stock Performance

NYSE GE opened at $328.53 on Friday. The business’s 50-day moving average price is $298.20 and its 200 day moving average price is $306.06. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.48. The company has a market capitalization of $342.77 billion, a PE ratio of 40.46, a price-to-earnings-growth ratio of 2.92 and a beta of 1.37. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99.

GE Aerospace (NYSE:GEGet Free Report) last released its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.26. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The firm had revenue of $11.61 billion for the quarter, compared to the consensus estimate of $11.61 billion. During the same period in the prior year, the business posted $1.49 earnings per share. The firm’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. On average, research analysts predict that GE Aerospace will post 7.48 earnings per share for the current year.

About GE Aerospace

(Free Report)

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.

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Institutional Ownership by Quarter for GE Aerospace (NYSE:GE)

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