GE Aerospace (NYSE:GE) Trading 2% Higher – Here’s Why

GE Aerospace (NYSE:GE)’s stock price shot up 2% during trading on Wednesday . The company traded as high as $320.33 and last traded at $318.71. 9,472,676 shares traded hands during mid-day trading, an increase of 84% from the average session volume of 5,158,208 shares. The stock had previously closed at $312.34.

Trending Headlines about GE Aerospace

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

• Positive Sentiment: Analysts expect a Q4 beat driven by double-digit revenue growth, supported by strong engine demand, services strength and defense momentum — a beat could validate current valuation and push shares higher. GE Aerospace Set to Report Q4 Earnings: Is a Beat in the Offing?
• Positive Sentiment: Preview pieces note strong underlying fundamentals and favorable industry trends (backlog, aftermarket services) that could push the stock higher if results and guidance align. GE Aerospace Q4 Earnings Preview: Will Strong Demand Push GE Stock Higher?
• Positive Sentiment: Barron’s emphasizes that GE has a recent streak of beating estimates (12 quarters) and that the market will focus on management’s outlook — a solid guide could sustain the rally. GE Aerospace Earnings Are Coming. Why It’s All About the Outlook.
• Positive Sentiment: High-profile bullish commentary (Jim Cramer) and trading ideas/options income pieces are increasing retail interest and volumes ahead of the print. That flows into demand for shares/options positioning. Jim Cramer on GE Aerospace’s Earnings: “I Can’t Imagine It’ll Be Anything Other Than Spectacular”
• Positive Sentiment: Commentary highlighting geopolitical risk and defense demand suggests upside beyond consensus if contracts/defense momentum are emphasized on the call. GE “Red, Red Hot:” Gauging Geopolitical Risk & Stock Rally Into Earnings
• Neutral Sentiment: Practical investor pieces outline options-based income strategies and what to expect from Q4; useful for tactical traders but unlikely to move fundamentals by themselves. How To Earn $500 A Month From GE Aerospace Stock Ahead Of Q4 Earnings
• Neutral Sentiment: Local/university partnership and research report summaries highlight corporate development and coverage breadth but are not material near-term drivers. GE Aerospace taps Cincinnati college for extended partnership
• Negative Sentiment: MarketWatch warns the stock has lost bullish momentum and that investors will need more than a one-quarter beat — durable guidance and evidence of sustainable margin/revenue trajectories are required to keep bulls in control. GE’s stock has lost its bullish momentum. Can earnings provide the jolt it needs?

Analysts Set New Price Targets

GE has been the subject of a number of recent analyst reports. Royal Bank Of Canada lifted their price target on shares of GE Aerospace from $300.00 to $340.00 and gave the company an “outperform” rating in a research report on Friday, October 17th. JPMorgan Chase & Co. raised their price target on GE Aerospace from $275.00 to $325.00 and gave the stock an “overweight” rating in a research report on Monday, October 27th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $350.00 price objective on shares of GE Aerospace in a research note on Wednesday, October 8th. Wolfe Research increased their price target on shares of GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, Citigroup reduced their price objective on GE Aerospace from $386.00 to $378.00 and set a “buy” rating on the stock in a research note on Tuesday, January 13th. Sixteen analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $314.00.

GE Aerospace Price Performance

The stock has a market capitalization of $336.18 billion, a price-to-earnings ratio of 42.55, a P/E/G ratio of 2.22 and a beta of 1.40. The company has a quick ratio of 0.76, a current ratio of 1.08 and a debt-to-equity ratio of 0.99. The stock has a fifty day moving average of $305.28 and a 200-day moving average of $291.62.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Tuesday, October 21st. The company reported $1.66 earnings per share for the quarter, topping analysts’ consensus estimates of $1.46 by $0.20. The company had revenue of $11.31 billion for the quarter, compared to analysts’ expectations of $10.29 billion. GE Aerospace had a net margin of 18.34% and a return on equity of 34.01%. The firm’s revenue for the quarter was up 26.4% on a year-over-year basis. During the same quarter last year, the company earned $1.15 earnings per share. On average, equities research analysts predict that GE Aerospace will post 5.4 EPS for the current fiscal year.

GE Aerospace Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, January 26th. Investors of record on Monday, December 29th will be paid a dividend of $0.36 per share. This represents a $1.44 annualized dividend and a yield of 0.5%. The ex-dividend date is Monday, December 29th. GE Aerospace’s dividend payout ratio (DPR) is currently 19.23%.

Insider Activity at GE Aerospace

In other news, SVP Russell Stokes sold 8,000 shares of GE Aerospace stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $297.71, for a total transaction of $2,381,680.00. Following the sale, the senior vice president owned 150,434 shares in the company, valued at approximately $44,785,706.14. The trade was a 5.05% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.21% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors have recently added to or reduced their stakes in the company. Bare Financial Services Inc raised its position in GE Aerospace by 81.1% in the 2nd quarter. Bare Financial Services Inc now owns 96 shares of the company’s stock valued at $25,000 after purchasing an additional 43 shares during the last quarter. REAP Financial Group LLC acquired a new position in GE Aerospace in the third quarter valued at $25,000. Marquette Asset Management LLC purchased a new stake in shares of GE Aerospace in the third quarter valued at about $26,000. Lavaca Capital LLC boosted its stake in shares of GE Aerospace by 1,666.7% during the second quarter. Lavaca Capital LLC now owns 106 shares of the company’s stock worth $27,000 after buying an additional 100 shares during the period. Finally, Barnes Dennig Private Wealth Management LLC increased its position in GE Aerospace by 147.2% in the 3rd quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after acquiring an additional 53 shares during the period. Institutional investors and hedge funds own 74.77% of the company’s stock.

GE Aerospace Company 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.