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Aigen Investment Management LP Buys New Holdings in GE Aerospace $GE

GE Aerospace logo with Aerospace background
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Key Points

  • Aigen Investment Management opened a new position in GE Aerospace during the fourth quarter, buying 10,341 shares valued at about $3.19 million. The stock now represents roughly 0.7% of the fund’s portfolio.
  • GE Aerospace recently reported better-than-expected quarterly earnings, posting $1.86 per share versus estimates of $1.60, while revenue came in at $11.61 billion and rose 24.6% year over year.
  • Analyst sentiment remains constructive, with GE Aerospace carrying a consensus rating of “Moderate Buy” and an average price target of about $348.22. Recent news also highlighted a planned $1 billion investment in U.S. manufacturing.
  • Five stocks we like better than GE Aerospace.

Aigen Investment Management LP acquired a new position in GE Aerospace (NYSE:GE - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,341 shares of the company's stock, valued at approximately $3,185,000. GE Aerospace comprises approximately 0.7% of Aigen Investment Management LP's portfolio, making the stock its 21st biggest holding.

Other large investors have also added to or reduced their stakes in the company. Blueline Advisors LLC purchased a new position in shares of GE Aerospace in the 4th quarter worth approximately $25,000. Ankerstar Wealth LLC purchased a new position in shares of GE Aerospace in the 4th quarter worth approximately $31,000. Abich Financial Wealth Management LLC purchased a new position in shares of GE Aerospace in the 3rd quarter worth approximately $32,000. Tucker Asset Management LLC purchased a new position in shares of GE Aerospace in the 4th quarter worth approximately $32,000. Finally, Redmont Wealth Advisors LLC purchased a new position in shares of GE Aerospace in the 3rd quarter worth approximately $36,000. Institutional investors own 74.77% of the company's stock.

GE Aerospace Trading Up 0.6%

Shares of NYSE GE opened at $334.89 on Friday. The company has a quick ratio of 0.70, a current ratio of 1.01 and a debt-to-equity ratio of 0.99. The business has a fifty day simple moving average of $303.27 and a two-hundred day simple moving average of $307.36. The firm has a market cap of $349.40 billion, a PE ratio of 41.24, a price-to-earnings-growth ratio of 2.97 and a beta of 1.37. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.48.

GE Aerospace (NYSE:GE - Get Free Report) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share 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 return on equity of 37.99% and a net margin of 17.86%.GE Aerospace's revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the company posted $1.49 EPS. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Analysts expect that GE Aerospace will post 7.48 earnings per share for the current fiscal year.

GE Aerospace News Roundup

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. Morgan Stanley dropped their target price on GE Aerospace from $425.00 to $400.00 and set an "overweight" rating for the company in a report on Wednesday, April 22nd. Wells Fargo & Company assumed coverage on GE Aerospace in a report on Wednesday, April 1st. They issued an "overweight" rating and a $325.00 target price for the company. Weiss Ratings cut GE Aerospace from a "buy (b)" rating to a "buy (b-)" rating in a report on Monday, June 1st. UBS Group dropped their target price on GE Aerospace from $357.00 to $350.00 and set a "buy" rating for the company in a report on Wednesday, April 22nd. Finally, Seaport Research Partners assumed coverage on GE Aerospace in a report on Tuesday, May 26th. They issued a "buy" rating and a $375.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat.com, GE Aerospace presently has a consensus rating of "Moderate Buy" and an average price target of $348.22.

View Our Latest Report on GE Aerospace

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.

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

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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