Arax Advisory Partners Cuts Position in GE Aerospace $GE

Key Points

• Arax Advisory Partners sharply reduced its GE Aerospace stake, cutting holdings by 87.4% in the fourth quarter and selling 69,427 shares, leaving it with 10,012 shares valued at about $3.1 million.
• GE Aerospace reported strong quarterly results, beating EPS estimates with $1.86 per share and posting 24.6% revenue growth year over year to $11.61 billion. The company also reaffirmed FY 2026 guidance of 7.10 to 7.40 EPS.
• Analyst sentiment remains generally positive, with the stock carrying a consensus “Moderate Buy” rating and a target price of $348.22, even as a few firms trimmed price targets or downgraded the shares.

Arax Advisory Partners lessened its holdings in GE Aerospace (NYSE:GE - Free Report) by 87.4% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 10,012 shares of the company's stock after selling 69,427 shares during the quarter. Arax Advisory Partners' holdings in GE Aerospace were worth $3,084,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of GE. Blueline Advisors LLC purchased a new stake in GE Aerospace in the fourth quarter worth about $25,000. Ankerstar Wealth LLC purchased a new stake in shares of GE Aerospace during the fourth quarter valued at approximately $31,000. Abich Financial Wealth Management LLC purchased a new stake in shares of GE Aerospace during the third quarter valued at approximately $32,000. Tucker Asset Management LLC purchased a new stake in shares of GE Aerospace during the fourth quarter valued at approximately $32,000. Finally, Redmont Wealth Advisors LLC purchased a new stake in shares of GE Aerospace during the third quarter valued at approximately $36,000. Hedge funds and other institutional investors own 74.77% of the company's stock.

GE Aerospace Trading Down 0.1%

Shares of GE stock opened at $334.89 on Monday. GE Aerospace has a 12-month low of $232.24 and a 12-month high of $348.48. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. The firm's 50 day moving average is $303.27 and its 200 day moving average is $307.45. The stock has a market capitalization of $349.40 billion, a P/E ratio of 41.24, a P/E/G ratio of 2.97 and a beta of 1.37.

GE Aerospace (NYSE:GE - Get Free Report) last issued its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, topping 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 company had revenue of $11.61 billion for the quarter, compared to analysts' expectations of $11.61 billion. During the same quarter last year, the company posted $1.49 earnings per share. The firm's quarterly revenue was up 24.6% on a year-over-year basis. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. Research analysts expect that GE Aerospace will post 7.48 earnings per share for the current year.

Analysts Set New Price Targets

GE has been the topic of a number of recent analyst reports. UBS Group cut their price target on shares of GE Aerospace from $357.00 to $350.00 and set a "buy" rating on the stock in a report on Wednesday, April 22nd. Wall Street Zen cut shares of GE Aerospace from a "buy" rating to a "hold" rating in a report on Monday, April 27th. TD Cowen cut their price target on shares of GE Aerospace from $350.00 to $330.00 and set a "buy" rating on the stock in a report on Wednesday, April 8th. Weiss Ratings cut shares of GE Aerospace from a "buy (b)" rating to a "buy (b-)" rating in a report on Monday, June 1st. Finally, Sanford C. Bernstein increased their price target on shares of GE Aerospace from $374.00 to $405.00 and gave the company an "outperform" rating in a report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $348.22.

GE Aerospace News Roundup

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

• Positive Sentiment: GE Aerospace announced plans to invest $1 billion in U.S. manufacturing, a move that signals confidence in long-term demand and could support capacity, jobs, and future engine production. GE Aerospace Plans $1B US Investments
• Positive Sentiment: Brokerage coverage remains supportive, with GE Aerospace receiving an average rating of “Moderate Buy”, reinforcing the market’s constructive view on earnings and execution. GE Aerospace NYSE: GE Given Average Rating of "Moderate Buy" by Brokerages
• Neutral Sentiment: GE Aerospace added Microsoft AI executive Judson Althoff to its board, a governance and strategy-related move that could help strengthen its digital and AI capabilities over time. GE Aerospace adds Microsoft AI leader to board
• Neutral Sentiment: Several articles referenced GE Aerospace in the context of the SpaceX IPO and broader aerospace industry comparisons. These headlines highlight how GE remains a key benchmark in aerospace, but they do not directly change its fundamentals. SpaceX IPO Valuation Is Worth More Than Boeing, RTX, GE Aerospace And Every Other S&P 500 Aerospace Firm Combined: Report
• Negative Sentiment: News that the Air India crash report is being delayed because GE engine analysis is still pending could keep some headline risk around the company’s engine business until more clarity is provided. GE engine review delays final Air India crash report ahead of first anniversary

GE Aerospace 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.

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