Strategic Planning Group LLC Has $8.38 Million Position in GE Aerospace $GE

Strategic Planning Group LLC raised its position in GE Aerospace (NYSE:GE) by 8.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 27,203 shares of the company’s stock after acquiring an additional 2,094 shares during the quarter. Strategic Planning Group LLC’s holdings in GE Aerospace were worth $8,380,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Phoenix Financial Ltd. increased its position in GE Aerospace by 34.3% during the third quarter. Phoenix Financial Ltd. now owns 22,632 shares of the company’s stock worth $6,808,000 after acquiring an additional 5,775 shares during the period. Integrity Financial Corp WA bought a new position in GE Aerospace during the third quarter worth about $481,000. Prime Capital Investment Advisors LLC increased its position in GE Aerospace by 23.6% during the third quarter. Prime Capital Investment Advisors LLC now owns 51,105 shares of the company’s stock worth $15,373,000 after acquiring an additional 9,750 shares during the period. HORAN Wealth LLC increased its position in GE Aerospace by 667.0% during the third quarter. HORAN Wealth LLC now owns 10,194 shares of the company’s stock worth $3,066,000 after acquiring an additional 8,865 shares during the period. Finally, Prospera Financial Services Inc increased its position in GE Aerospace by 18.1% during the third quarter. Prospera Financial Services Inc now owns 47,706 shares of the company’s stock worth $14,354,000 after acquiring an additional 7,315 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Price Performance

GE stock opened at $301.00 on Tuesday. 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 $211.15 and a 12 month high of $348.48. The firm has a market cap of $314.04 billion, a P/E ratio of 37.07, a P/E/G ratio of 2.76 and a beta of 1.36. The company’s 50-day moving average price is $301.25 and its two-hundred day moving average price is $306.26.

GE Aerospace (NYSE:GE) last released its earnings results on Tuesday, April 21st. The company reported $1.86 EPS for the quarter, beating 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 firm had revenue of $11.61 billion for the quarter, compared to analyst estimates of $11.61 billion. During the same period last year, the firm earned $1.49 EPS. The business’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. On average, analysts anticipate that GE Aerospace will post 7.46 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on GE shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $355.00 price target on shares of GE Aerospace in a research report on Wednesday, April 22nd. TD Cowen lowered their price target on shares of GE Aerospace from $350.00 to $330.00 and set a “buy” rating on the stock in a research report on Wednesday, April 8th. Citigroup lowered their price target on shares of GE Aerospace from $380.00 to $353.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. UBS Group lowered their price target on shares of GE Aerospace from $357.00 to $350.00 and set a “buy” rating on the stock in a research report on Wednesday, April 22nd. Finally, BNP Paribas Exane raised their price target on shares of GE Aerospace from $290.00 to $300.00 and gave the stock an “underperform” rating in a research report on Wednesday, April 22nd. One analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $349.89.

About GE Aerospace

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.