Radnor Capital Management LLC Grows Position in GE Aerospace $GE

Radnor Capital Management LLC raised its stake in shares of GE Aerospace (NYSE:GEFree Report) by 7.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 28,918 shares of the company’s stock after purchasing an additional 1,945 shares during the quarter. GE Aerospace comprises 1.3% of Radnor Capital Management LLC’s holdings, making the stock its 12th biggest position. Radnor Capital Management LLC’s holdings in GE Aerospace were worth $8,908,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also made changes to their positions in GE. REAP Financial Group LLC purchased a new stake in shares of GE Aerospace during the third quarter valued at $25,000. Abich Financial Wealth Management LLC purchased a new position in GE Aerospace in the 3rd quarter worth $32,000. Tucker Asset Management LLC purchased a new position in GE Aerospace in the 4th quarter worth $32,000. Redmont Wealth Advisors LLC acquired a new stake in GE Aerospace during the 3rd quarter worth about $36,000. Finally, Strengthening Families & Communities LLC acquired a new stake in GE Aerospace during the 3rd quarter worth about $38,000. Hedge funds and other institutional investors own 74.77% of the company’s stock.

GE Aerospace Stock Up 1.5%

Shares of GE opened at $285.81 on Tuesday. The company has a market capitalization of $298.20 billion, a price-to-earnings ratio of 35.20, a PEG ratio of 2.62 and a beta of 1.36. GE Aerospace has a 52 week low of $228.01 and a 52 week high of $348.48. The stock’s 50-day moving average price is $296.50 and its 200-day moving average price is $305.70. 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 (NYSE:GEGet Free Report) last released its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, topping the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The business’s quarterly revenue was up 24.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, sell-side analysts predict that GE Aerospace will post 7.46 EPS for the current year.

GE Aerospace News Roundup

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

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on the company. Jefferies Financial Group set a $365.00 price objective on GE Aerospace in a report on Sunday, April 26th. JPMorgan Chase & Co. lifted their target price on GE Aerospace from $325.00 to $335.00 and gave the stock an “overweight” rating in a report on Monday, January 26th. Weiss Ratings reiterated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. The Goldman Sachs Group raised their price target on shares of GE Aerospace from $338.00 to $350.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, President Capital decreased their price objective on shares of GE Aerospace from $355.00 to $342.00 and set a “buy” rating for the company in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $348.22.

Read Our Latest Stock Analysis on GE

GE Aerospace Company Profile

(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.

See Also

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

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