Jefferies Financial Group Inc. Has $13.87 Million Holdings in GE Aerospace $GE

by · The Cerbat Gem

Jefferies Financial Group Inc. increased its stake in shares of GE Aerospace (NYSE:GE – Free Report) by 63.6% in the fourth quarter, Holdings Channel reports. The firm owned 45,024 shares of the company’s stock after buying an additional 17,497 shares during the quarter. Jefferies Financial Group Inc.’s holdings in GE Aerospace were worth $13,869,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Ledyard National Bank grew its stake in shares of GE Aerospace by 1.2% during the third quarter. Ledyard National Bank now owns 2,754 shares of the company’s stock worth $828,000 after purchasing an additional 33 shares during the period. Hardy Reed LLC grew its stake in shares of GE Aerospace by 0.7% during the third quarter. Hardy Reed LLC now owns 4,999 shares of the company’s stock worth $1,504,000 after purchasing an additional 33 shares during the period. Wolff Wiese Magana LLC grew its stake in shares of GE Aerospace by 1.0% during the fourth quarter. Wolff Wiese Magana LLC now owns 3,474 shares of the company’s stock worth $1,070,000 after purchasing an additional 33 shares during the period. Montz Harcus Wealth Management LLC grew its stake in shares of GE Aerospace by 3.6% during the fourth quarter. Montz Harcus Wealth Management LLC now owns 947 shares of the company’s stock worth $292,000 after purchasing an additional 33 shares during the period. Finally, Darwin Wealth Management LLC grew its stake in shares of GE Aerospace by 2.0% during the fourth quarter. Darwin Wealth Management LLC now owns 1,699 shares of the company’s stock worth $523,000 after purchasing an additional 33 shares during the period. 74.77% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Daiwa Securities Group assumed coverage on GE Aerospace in a research note on Tuesday, March 31st. They set a “neutral” rating and a $301.00 price objective for the company. Wall Street Zen cut GE Aerospace from a “buy” rating to a “hold” rating in a research note on Monday, April 27th. Jefferies Financial Group set a $365.00 target price on GE Aerospace in a research note on Sunday, April 26th. BNP Paribas Exane decreased their target price on GE Aerospace from $300.00 to $270.00 and set an “underperform” rating for the company in a research note on Thursday, May 14th. Finally, President Capital decreased their target price on 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 investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, GE Aerospace has an average rating of “Moderate Buy” and an average price target of $348.22.

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GE Aerospace Stock Down 0.2%

NYSE:GE opened at $302.13 on Monday. GE Aerospace has a 1 year low of $228.01 and a 1 year 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 stock has a market cap of $315.22 billion, a price-to-earnings ratio of 37.21, a PEG ratio of 2.81 and a beta of 1.36. The stock has a 50-day moving average price of $294.35 and a two-hundred day moving average price of $305.33.

GE Aerospace (NYSE:GE – Get Free Report) last posted its earnings results on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.60 by $0.26. The firm had revenue of $11.61 billion during the quarter, compared to analysts’ expectations of $11.61 billion. GE Aerospace had a return on equity of 37.99% and a net margin of 17.86%.The company’s revenue was up 24.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.49 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. As a group, equities analysts expect that GE Aerospace will post 7.46 earnings per share for the current year.

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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