Investors Purchase High Volume of GE Aerospace Call Options (NYSE:GE)

GE Aerospace (NYSE:GE) saw unusually large options trading on Thursday. Stock investors acquired 55,877 call options on the stock. This represents an increase of 156% compared to the average daily volume of 21,840 call options.

Analysts Set New Price Targets

Several brokerages recently weighed in on GE. Sanford C. Bernstein increased their price objective on GE Aerospace from $374.00 to $405.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. UBS Group lowered their price target on GE Aerospace from $357.00 to $350.00 and set a “buy” rating for the company in a research report on Wednesday, April 22nd. Weiss Ratings restated a “buy (b)” rating on shares of GE Aerospace in a research report on Thursday, January 22nd. Susquehanna restated a “positive” rating and set a $380.00 price target on shares of GE Aerospace in a research report on Thursday, January 15th. Finally, Wolfe Research raised their price target on GE Aerospace from $340.00 to $360.00 and gave the stock an “outperform” rating in a research report on Monday, January 12th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, GE Aerospace currently has an average rating of “Moderate Buy” and an average price target of $349.89.

GE Aerospace Stock Down 1.0%

Shares of NYSE GE opened at $286.91 on Friday. The stock has a market cap of $299.34 billion, a P/E ratio of 35.33, a PEG ratio of 2.69 and a beta of 1.36. The company has a current ratio of 1.01, a quick ratio of 0.70 and a debt-to-equity ratio of 0.99. GE Aerospace has a 12-month low of $205.56 and a 12-month high of $348.48. The business’s fifty day simple moving average is $305.62 and its 200-day simple moving average is $306.27.

GE Aerospace (NYSE:GE) last announced its quarterly earnings data on Tuesday, April 21st. The company reported $1.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.60 by $0.26. The business had revenue of $11.61 billion for 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 for the quarter was up 24.6% compared to the same quarter last year. During the same period last 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 predict that GE Aerospace will post 7.46 EPS for the current fiscal year.

GE Aerospace Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, April 27th. Stockholders of record on Monday, March 9th were paid a $0.47 dividend. The ex-dividend date was Monday, March 9th. This is an increase from GE Aerospace’s previous quarterly dividend of $0.36. This represents a $1.88 annualized dividend and a dividend yield of 0.7%. GE Aerospace’s payout ratio is 23.15%.

Insiders Place Their Bets

In related news, SVP Amy L. Gowder sold 4,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $305.73, for a total value of $1,222,920.00. Following the completion of the transaction, the senior vice president directly owned 16,535 shares in the company, valued at approximately $5,055,245.55. This represents a 19.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders own 0.19% of the company’s stock.

Institutional Trading of GE Aerospace

Hedge funds have recently modified their holdings of the stock. REAP Financial Group LLC acquired a new stake in shares of GE Aerospace in the third quarter valued at $25,000. Blueline Advisors LLC acquired a new stake in GE Aerospace in the fourth quarter valued at $25,000. Marquette Asset Management LLC acquired a new stake in GE Aerospace in the third quarter valued at $26,000. Barnes Dennig Private Wealth Management LLC raised its stake in GE Aerospace by 147.2% in the third quarter. Barnes Dennig Private Wealth Management LLC now owns 89 shares of the company’s stock valued at $27,000 after buying an additional 53 shares in the last quarter. Finally, Roble Belko & Company Inc raised its stake in GE Aerospace by 98.1% in the third quarter. Roble Belko & Company Inc now owns 103 shares of the company’s stock valued at $31,000 after buying an additional 51 shares in the last quarter. 74.77% of the stock is currently owned by institutional investors and hedge funds.

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.