GE Aerospace (NYSE:GE) Short Interest Update

GE Aerospace (NYSE:GE) was the target of a significant decrease in short interest in February. As of February 27th, there was short interest totaling 11,228,531 shares, a decrease of 27.3% from the February 12th total of 15,454,251 shares. Approximately 1.1% of the shares of the company are short sold. Based on an average daily volume of 5,263,264 shares, the days-to-cover ratio is currently 2.1 days. Based on an average daily volume of 5,263,264 shares, the days-to-cover ratio is currently 2.1 days. Approximately 1.1% of the shares of the company are short sold.

Analyst Ratings Changes

GE has been the subject of several recent research reports. Citigroup reissued a “buy” rating and issued a $380.00 price target (up from $378.00) on shares of GE Aerospace in a research report on Friday, January 23rd. JPMorgan Chase & Co. lifted their price objective on GE Aerospace from $325.00 to $335.00 and gave the company an “overweight” rating in a report on Monday, January 26th. UBS Group set a $374.00 target price on GE Aerospace and gave the stock a “buy” rating in a report on Friday, January 23rd. Wolfe Research raised their target price on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. Finally, BNP Paribas Exane lowered their price target on GE Aerospace from $305.00 to $290.00 and set an “underperform” rating on the stock in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, GE Aerospace has an average rating of “Moderate Buy” and an average price target of $331.12.

Insider Buying and Selling

In other GE Aerospace news, SVP Russell Stokes sold 30,363 shares of GE Aerospace stock in a transaction on Friday, January 30th. The shares were sold at an average price of $306.47, for a total transaction of $9,305,348.61. Following the sale, the senior vice president owned 150,434 shares in the company, valued at $46,103,507.98. The trade was a 16.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, VP Robert M. Giglietti sold 3,035 shares of the business’s stock in a transaction on Friday, January 30th. The shares were sold at an average price of $305.51, for a total transaction of $927,222.85. Following the completion of the sale, the vice president directly owned 10,583 shares in the company, valued at $3,233,212.33. This trade represents a 22.29% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 37,398 shares of company stock valued at $11,455,491 over the last ninety days. 0.21% of the stock is owned by company insiders.

Institutional Investors Weigh In On GE Aerospace

Several institutional investors have recently bought and sold shares of the company. Auto Owners Insurance Co increased its stake in GE Aerospace by 52,247.5% in the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock valued at $2,024,413,000 after buying an additional 65,595,733 shares during the last quarter. Norges Bank bought a new position in shares of GE Aerospace in the 4th quarter valued at about $4,444,736,000. Capital World Investors grew its holdings in shares of GE Aerospace by 16.2% in the 3rd quarter. Capital World Investors now owns 21,442,810 shares of the company’s stock valued at $6,449,731,000 after acquiring an additional 2,995,054 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of GE Aerospace by 382.1% in the fourth quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock valued at $849,325,000 after acquiring an additional 2,185,321 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. increased its position in shares of GE Aerospace by 1,200.7% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 1,847,011 shares of the company’s stock valued at $568,935,000 after acquiring an additional 1,705,005 shares during the last quarter. Institutional investors own 74.77% of the company’s stock.

GE Aerospace Price Performance

NYSE GE traded up $4.53 on Monday, hitting $304.22. 4,129,406 shares of the company were exchanged, compared to its average volume of 5,604,195. GE Aerospace has a 1-year low of $159.36 and a 1-year high of $348.48. The company has a current ratio of 1.04, a quick ratio of 0.74 and a debt-to-equity ratio of 1.00. The firm has a 50 day moving average of $320.02 and a two-hundred day moving average of $305.76. The company has a market cap of $319.06 billion, a P/E ratio of 37.35, a P/E/G ratio of 2.77 and a beta of 1.36.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Thursday, January 22nd. The company reported $1.57 EPS for the quarter, topping analysts’ consensus estimates of $1.43 by $0.14. The firm had revenue of $11.90 billion during the quarter, compared to analyst estimates of $11.27 billion. GE Aerospace had a return on equity of 35.52% and a net margin of 18.98%.The company’s revenue was up 17.6% on a year-over-year basis. During the same period last year, the company earned $1.32 earnings per share. GE Aerospace has set its FY 2026 guidance at 7.100-7.400 EPS. On average, equities analysts predict that GE Aerospace will post 5.4 EPS for the current year.

GE Aerospace Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, April 27th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.47 per share. This is a boost from GE Aerospace’s previous quarterly dividend of $0.36. The ex-dividend date is Monday, March 9th. This represents a $1.88 dividend on an annualized basis and a yield of 0.6%. GE Aerospace’s dividend payout ratio is currently 23.10%.

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.