GE Aerospace (NYSE:GE) Trading Up 2.7% – What’s Next?

GE Aerospace (NYSE:GE) shot up 2.7% on Monday . The company traded as high as $369.95 and last traded at $369.6280. 3,334,889 shares traded hands during trading, a decline of 39% from the average daily volume of 5,477,975 shares. The stock had previously closed at $360.07.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on GE shares. Jefferies Financial Group raised their price objective on GE Aerospace from $365.00 to $455.00 and gave the company a “buy” rating in a report on Thursday, July 2nd. The Goldman Sachs Group restated a “buy” rating and set a $410.00 price target on shares of GE Aerospace in a report on Monday, July 20th. Citigroup reiterated a “buy” rating and set a $431.00 target price (up from $353.00) on shares of GE Aerospace in a research report on Wednesday, July 1st. Morgan Stanley decreased their price target on shares of GE Aerospace from $425.00 to $400.00 and set an “overweight” rating for the company in a research report on Wednesday, April 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and set a $400.00 target price (up from $355.00) on shares of GE Aerospace in a report on Wednesday, July 15th. Sixteen analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, GE Aerospace presently has an average rating of “Moderate Buy” and an average target price of $390.59.

GE Aerospace Price Performance

The stock has a market capitalization of $383.51 billion, a P/E ratio of 43.54, a PEG ratio of 2.63 and a beta of 1.35. The company has a debt-to-equity ratio of 0.96, a quick ratio of 0.67 and a current ratio of 0.98. The business has a fifty day simple moving average of $347.87 and a 200-day simple moving average of $320.92.

GE Aerospace (NYSE:GE) last released its quarterly earnings data on Thursday, July 16th. The company reported $2.02 earnings per share for the quarter, beating the consensus estimate of $1.86 by $0.16. GE Aerospace had a net margin of 17.72% and a return on equity of 40.56%. The company had revenue of $12.63 billion during the quarter, compared to analyst estimates of $11.87 billion. During the same quarter in the previous year, the business posted $1.66 EPS. GE Aerospace’s revenue for the quarter was up 21.1% compared to the same quarter last year. GE Aerospace has set its FY 2026 guidance at 7.650-7.850 EPS. Sell-side analysts expect that GE Aerospace will post 7.91 earnings per share for the current fiscal year.

GE Aerospace Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, July 27th. Stockholders of record on Monday, July 6th were issued a dividend of $0.47 per share. The ex-dividend date was Monday, July 6th. This represents a $1.88 annualized dividend and a dividend yield of 0.5%. GE Aerospace’s dividend payout ratio is currently 22.14%.

Insider Activity at GE Aerospace

In other news, SVP Mohamed Ali sold 8,096 shares of the firm’s stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $353.71, for a total value of $2,863,636.16. Following the completion of the sale, the senior vice president directly owned 20,666 shares in the company, valued at $7,309,770.86. This trade represents a 28.15% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. 0.19% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On GE Aerospace

Several hedge funds and other institutional investors have recently modified their holdings of the company. Auto Owners Insurance Co boosted its holdings in GE Aerospace by 52,247.5% during the 4th quarter. Auto Owners Insurance Co now owns 65,721,281 shares of the company’s stock worth $2,024,413,000 after acquiring an additional 65,595,733 shares during the last quarter. Norges Bank bought a new position in shares of GE Aerospace during the fourth quarter valued at about $4,444,736,000. Amundi boosted its holdings in GE Aerospace by 135.2% during the first quarter. Amundi now owns 6,119,975 shares of the company’s stock worth $1,736,665,000 after purchasing an additional 3,518,278 shares during the last quarter. Jennison Associates LLC grew its position in GE Aerospace by 37.7% in the 1st quarter. Jennison Associates LLC now owns 11,026,006 shares of the company’s stock worth $3,128,850,000 after purchasing an additional 3,017,937 shares in the last quarter. Finally, Corient Private Wealth LLC grew its position in GE Aerospace by 382.1% in the 4th quarter. Corient Private Wealth LLC now owns 2,757,281 shares of the company’s stock worth $849,325,000 after purchasing an additional 2,185,321 shares in the last quarter. Institutional investors 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.