Havemeyer Place LP Invests $1.16 Million in GE Aerospace $GE

Key Points

• Havemeyer Place LP opened a new position in GE Aerospace during the fourth quarter, buying 3,776 shares valued at about $1.16 million.
• GE Aerospace continues to attract institutional interest, with hedge funds owning 74.77% of the stock and several smaller firms also initiating new stakes.
• The company has recently posted strong business momentum, including 93% order growth in its Commercial Engines unit and a quarterly earnings beat, though analysts still have a consensus rating of Moderate Buy with an average price target of $348.22.

Havemeyer Place LP bought a new position in shares of GE Aerospace (NYSE:GE - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 3,776 shares of the company's stock, valued at approximately $1,163,000.

Other hedge funds also recently modified their holdings of the company. REAP Financial Group LLC acquired a new stake in shares of GE Aerospace during the 3rd quarter worth about $25,000. Blueline Advisors LLC acquired a new stake in shares of GE Aerospace during the 4th quarter worth about $25,000. Abich Financial Wealth Management LLC acquired a new stake in shares of GE Aerospace during the 3rd quarter worth about $32,000. Tucker Asset Management LLC acquired a new stake in shares of GE Aerospace during the 4th quarter worth about $32,000. Finally, Redmont Wealth Advisors LLC acquired a new stake in shares of GE Aerospace during the 3rd quarter worth about $36,000. Institutional investors and hedge funds own 74.77% of the company's stock.

More GE Aerospace News

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

• Positive Sentiment: GE Aerospace’s Commercial Engines unit saw orders surge 93% to $17.3 billion, underscoring strong demand and supporting expectations for continued growth. Strength in Commercial Engines Unit Drives GE Aerospace: A Sign for More Upside?
• Positive Sentiment: The U.S. Air Force awarded GE and Rolls-Royce work on “medium thrust” drone engines, adding another defense-related opportunity for GE Aerospace’s propulsion business. Air Force awards GE, Rolls-Royce for ‘medium thrust’ drone engines
• Positive Sentiment: GE Aerospace qualified 600-volt power systems for next-generation U.S. Army vehicles, highlighting progress in military electrification and creating a potential new revenue stream. GE Aerospace qualifies 600-volt power systems for next-generation US Army vehicles
• Positive Sentiment: British Airways and Air New Zealand chose GE’s GEnx engines for Boeing 787 fleets, which reinforces GE’s position in widebody aircraft engines and suggests airlines are favoring GE over rival Rolls-Royce. Airline Shift To GEnx Engines Puts GE Valuation In Sharper Focus
• Positive Sentiment: GE Aerospace is also drawing bullish commentary from analysts and market watchers who cite its long-term exposure to airlines, transport, and engines as an attractive growth story. Market expert sees opportunity in Toast, GE Aerospace
• Neutral Sentiment: Several broader sector and earnings recap articles continued to highlight GE Aerospace as a strong industrial performer, reinforcing momentum but not adding a specific new catalyst. Q1 Earnings Outperformers: GE Aerospace NYSE: GE And The Rest Of The General Industrial Machinery Stocks

Analysts Set New Price Targets

GE has been the subject of a number of research reports. President Capital cut their target price 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. UBS Group cut their target price on shares of GE Aerospace from $357.00 to $350.00 and set a "buy" rating for the company in a research note on Wednesday, April 22nd. Morgan Stanley dropped their price objective on shares of GE Aerospace from $425.00 to $400.00 and set an "overweight" rating for the company in a research note on Wednesday, April 22nd. Daiwa Securities Group initiated coverage on shares of GE Aerospace in a research note on Tuesday, March 31st. They issued a "neutral" rating and a $301.00 price objective for the company. Finally, Weiss Ratings cut shares of GE Aerospace from a "buy (b)" rating to a "buy (b-)" rating in a research note on Monday, June 1st. 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.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $348.22.

GE Aerospace Price Performance

Shares of GE Aerospace stock opened at $328.69 on Monday. GE Aerospace has a twelve month low of $232.24 and a twelve month high of $348.48. 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 company has a 50-day simple moving average of $298.84 and a two-hundred day simple moving average of $306.26. The stock has a market capitalization of $342.93 billion, a price-to-earnings ratio of 40.48, a price-to-earnings-growth ratio of 2.91 and a beta of 1.37.

GE Aerospace (NYSE:GE - Get Free Report) last issued its quarterly earnings data 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 net margin of 17.86% and a return on equity of 37.99%. The business had revenue of $11.61 billion during the quarter, compared to analysts' expectations of $11.61 billion. During the same quarter in the previous year, the company earned $1.49 EPS. The business's 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. Analysts forecast that GE Aerospace will post 7.48 EPS for the current year.

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.

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